UniCredit Bank Austria AG
Summary:
We would like to remind of the introduction of the record date in the Austrian market on 16 November 2015.
Wed, 11/11/2015
In order to be compliant with EU standards, Austria will implement the record date principle as of 16 November 2015.
The record date is defined as the date on which settled positions are struck in the books of the Issuer (I)CSD at close of business to determine the entitlement to proceeds of a Corporate Action.
Please find attached a document with frequently asked questions and some examples detailing the processes prior to and after the introduction of the record date.
Impact on investors: The rule for definition of entitlement will remain unchanged.
Related Newsflash: Introduction of Record Date Principle in Austria
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