Merger between Intercell AG and Vivalis SA

UniCredit Bank Austria AG
Summary: 
Information on Valneva SE common shares ISIN FR0004056851 and Valneva SE pref. shares ISIN FR0011472943, resulting from the merger of Intercell AG ISIN AT0000612601 with Vivalis SA as of Ex Date 28/05/2013.
Wed, 28/08/2013

We recommend our clients to transfer Valneva SE common shares ISIN FR0004056851 and Valneva SE pref. shares ISIN FR0011472943 to their custodian for French securities due to the following reasons:

 

 

  • Since the issuer is no longer based in Austria, he has no obligation for publication of fundamental corporate information about the company as well as on their Corporate Actions and General Meetings in the official Gazette (hence delays in the information flow might occur).

 

  • UniCredit Bank Austria AG cannot offer any service with regards to General Meetings for Valneva SE shares, since the General Meetings are neither held in Austria nor in CEE.

 

  • As UniCredit Bank Austria AG has to keep the shares via several intermediate custodians, we have to follow their deadlines for events, meaning there would be no extension possible or any more favorable deadlines.

 

 

For any queries regarding the transfer of shares from UniCredit Bank Austria AG to your custodian for French securities please contact your Account Manager in UniCredit Bank Austria AG’s Clearing Department directly.

 

 

Impact on Investors: Reduced service for Investors, if shares are held in Austria.