No Proxy Voting for US Securities listed on the Czech Market

Czech Republic
UniCredit Bank Czech Republic and Slovakia,a.s.
Summary: 
CSD Prague will not provide any services related to the attendance and voting at General Shareholder Meetings of US securities listed on Prague Stock Exchange.
Wed, 14/03/2018

 

In relation to the migration of CSD Prague’s foreign issues traded on Prague Stock Exchange to another provider in Q4 2017 (of which we have informed you at the beginning of October 2017), CSD Prague announced the below restriction applicable to holdings of US securities listed on the Czech market.

Due to the fact that CSD Prague does not have the possibility to intermediate any attendance to General Shareholder Meetings or voting at General Shareholder Meetings of US issuers, it will not provide any services related to attendance and voting at General Shareholder Meetings of US companies listed on Prague Stock Exchange.

UniCredit GSS Czech Republic will continue to monitor the information provided by CSD Prague and will provide further updates in case any changes in the processing of US securities occur in the future.

Impact on investors:  CSD Prague will not provide any services related to the attendance and voting at General Shareholder Meetings of US securities listed on Prague Stock Exchange.