De-registration of services

If your company's shares are affiliated to our system and you want to de-registerer, a removal of the record day provision from the articles of association is necessary.

According to the Swedish Companies Act, a removal of the record day provision only becomes valid when a written permission is received from those who have a pledge right in the company’s shares. For this reason, so as to gain their consent, the company needs to order addresses and inform the pledge holders of the intention to de-register. When we recieve the de-registration we inform the nominees, who in turn can inform those who have pledge rights in custody.

When the consent of the pledge holders has been gained, and a decision has been made at a general meeting of shareholders, the removal of the record day provision needs to be registered at Bolagsverket. When the registration has been made, the certificate of amendment should be sent to us together with a resignation (a written request of de-registration) and a certificate verifying that the consent of all pledge holders has been received.

When we have received all documents a block on transfers is registered in the system. Such block comes into effect five days after the registration. Following this, the share is de-registered from the system and the company receives a list of all the shareholders.

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