Recording shares as pure registered shares
This transaction is primarily intended for shareholders who wish to make a long-term commitment to a company. When shareholders register with the company, their shares are managed by the company itself.
This solution offers numerous advantages:
- these shareholders receive directly all necessary information and documentation for monitoring the company, including annual reports, notices of General Meetings, etc.;
- they no longer pay the custodial fees that were previously owed to their financial intermediary;
- Faurecia grants double voting rights to pure registered shares held for more than two years.
To record your shares as pure registered shares, you must contact your financial intermediary and ask it to transfer your shares to Caceis Corporate Trust (Euroclear France affiliate code 23), the custodian chosen by Faurecia to manage its share register.