Change of characteristics
The aim of this corporate action is action is to allow a company to modify one of the characteristics of its securities.
Request creation
After choosing the CA type, you will have to choose the issuer effective date targeted by the operation.
Once the issuer effective date selected, the platform will request ISINs, targeted by the operation.
You can either decide to search for ISINs or Paste an ISINs’ list.
The selected ISINs will be displayed below the search bar to keep tracks of the ISIN entered so far.
When you click on “create request” you will be redirected to the change of characteristics form.
The first part of this form will be the list of all the ISINs selected during the previous step. It is to be noted that, as long as at least one characteristic for each ISIN has not been modified, the “Submit” button will remain grey and it will not be possible to move to the next step. The tick on the right side of each ISIN will remain grey as long as no modification has been entered.
A similar rule applies to the “Documents” section of this screen. If the “Disclosure needed” is activated, at least one document must be uploaded in order to be able to click “Continue” at the bottom of the screen.
In case a disclosure is needed, please tick the document box so that you can add the needed documents.
You can also add comments by ticking the comment box.
Request summary
Same as for dividend issue on ETP(s), there will be 2 versions of the summary page depending on the seniority of the user.
Junior user
As junior user you will only be able to:
- Cancel the request
- Save a draft
- Submit it for approval by a senior user
As a senior r user you can directly submit the request to Euronext :
Request overview
Once the request is received by Euronext team, the request overview window will be available.
This screen will let you consult the detail of the operation, its status, the shared related documents as well as any added comments during the request submission.
Notice
After the request is processed by Euronext, clicking the “Notices” button you will be able to download the notice under PDF format.
You can also go through the different notices available by changing the Market and the Issuer.