Securities listing

The benefits of electronic securities registration with a central securities depository include formal confirmation of ownership and rights. Registering securities simplifies the work of company management, while investors can view their holdings and transactions in their online bank and their year-end position with the tax authorities.

The registration process with a central securities depository:

1. The company’s Board decides to register securities with VBM.
2. An issuance agreement and issue description are entered into with VBM.
3. The issuer provides VBM with a shareholder register showing each shareholder’s holdings.
4. Specify when the registration is to take effect.
5. VBM handles communications with the custodian bank regarding the listing.