CALL PAYMENT - CPP
  • Corporate Action Proforma - Call Payment

    This is the term given to any payment made in respect of newly issued shares. Whether it is as a result of a "Float" on a Stock Exchange, a Rights Issue or an Open Offer, the money used to pay for the new shares is described as the Call Payment.
    • Main Details - Mandatory 
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    • Shareholder Rights Directive II Details - Optional 
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    • Benefit Details - Mandatory 
    • NOTE: Some Call payments may have lapsed rights. In this case a second benefit option of issue cash will be used. Because the benefit ratio will not be known until after the call date, a non-settling assented line (QQ ISIN) will be used. When the ratio is known, a mandatory pari passu corporate action will be generated to transform any open transactions into the cash outturn.

    • In the Benefit Details Repeating Group below please add the CA benefit details.
      If Stock Benefit - Additionally Populate Benefit ISIN and Percentage
      If Cash Benefit - Addtionally Populate Currency only
      If Escrow A/C is applicable, please populate ie AAABBB01 for Option 1 , AAABBB02 for Option 2 etc.

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