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Which should you opt for: direct registered, intermediary registered or bearer shares?
Which should you opt for: direct registered, intermediary registered or bearer shares? The choice is yours. So it is important to have a clear understanding of the features and benefits specific to each of these different shareholding options. Shareholder Services offers you clarifications and explanations about the three shareholding options.
As a direct registered shareholder, your shares are registered in your name in a register maintained directly by?Air Liquide Shareholder Services, giving you the following benefits:
Reduced brokerage fees of 0.10%?(subject to having signed an account agreement) (excl. tax) for stock orders placed via your personal online Account(a), for purchases paid in full by SEPA automatic debit (if the bank account is domiciled in the SEPA zone)?or by bank card (for transactions up to €3,000), as well as for sales, or 0.18% (excl. tax) on the gross transaction amount (no minimum limit) via phone, etc.
A loyalty bonus that adds 10% to the total dividend received and the number of free shares attributed (after you have held your shares for two full calendar years)
Direct advice from Shareholder Services on all aspects of share management: account opening and management, stock orders, taxes and share inheritance
Online tracking of your accounts and the ability to place stock orders directly through your online Account
As an intermediary registered shareholder, your share portfolio is managed by your bank in the form of a share savings plan or securities account. You also get all the benefits of registered shareholding. In practical terms, this means that:
Your financial intermediary (e.g. bank) remains your normal point of contact for all day-to-day portfolio transactions
From your personal account, as long as you have a valid account agreement
By phone - call 0?800?166?179 (toll-free if you are calling from France) or +33?1?57?05?02?26 if you are calling from another country
By fax: +33?1?40?62?57?50 (accompanied by a photocopy of a piece of ID)
By post to Shareholder Services at the following address (accompanied by a photocopy of ID)
Air Liquide
Service actionnaires
TSA 91948
62978 Arras Cedex 9
France
What if you want to buy more shares to add to your portfolio?
If you have opted for payment by direct debit, call our advisors on 0?800?166?179 (toll-free if you are calling from France) or +33?1?57?05?02?26 if you are calling from another country. No deposit is required. Your account will be automatically debited within a few days of receiving the contract note.
If you have opted for payment by check, your buy order must be accompanied by a deposit check for 80% of the estimated purchase amount made payable to Air Liquide. Both should then be sent to:
Air Liquide
Service actionnaires
TSA 91948
62978 Arras Cedex 9
France
On fulfillment of your buy order, a contract note for the full buy order billing value will be sent to you.
The deposit check will be cashed as soon as the order has been fulfilled. You must then send a check for the balance made payable to Air Liquide as soon as you receive the contract note.
As a bearer shareholder, your shares are registered with a financial intermediary (bank, broker, etc.), which remains your single point of contact for all portfolio transactions.