{"id":34722,"date":"2025-08-28T15:18:16","date_gmt":"2025-08-28T13:18:16","guid":{"rendered":"https:\/\/www.wendelgroup.com\/?page_id=34722"},"modified":"2025-08-28T15:18:18","modified_gmt":"2025-08-28T13:18:18","slug":"different-ways-of-holding-wendel-shares","status":"publish","type":"page","link":"https:\/\/www.wendelgroup.com\/en\/about-us\/different-ways-of-holding-wendel-shares\/","title":{"rendered":"Different ways of holding 海角大神 shares"},"content":{"rendered":"\n
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Holding 海角大神 shares<\/h1>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n<\/div>\n\n\n\n
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In France, shares in a company may be held in one of the three forms presented below.<\/p>\n\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n<\/div>\n\n\n\n

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Bearer<\/h3>\n

Your shares are registered in your securities account or your Equity Savings Plan (PEA), opened with your financial intermediary (your bank branch). The latter is responsible for maintaining and holding your account. Your identity is not known to 海角大神.<\/p>\n

Advantages<\/strong><\/h4>\n
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  • Single securities account.<\/li>\n
  • Easy trading.<\/li>\n<\/ul>\n

    Disadvantages<\/strong><\/h4>\n
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    • Custody fees.<\/li>\n
    • Certificate of participation required to attend general meetings of shareholders.<\/li>\n<\/ul>\n\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n<\/div>\n\n\n\n
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      Administered registered<\/h3>\n

      Your shares are registered in your securities account or your Equity Savings Plan (PEA), opened with your financial intermediary (your bank branch). The latter is responsible for maintaining and holding your account.<\/p>\n

      Advantages<\/strong><\/h4>\n
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      • Single securities account.<\/li>\n
      • No certificate of participation to attend and\/or vote at general meetings of shareholders.<\/li>\n
      • Double voting rights after holding for two years.<\/li>\n<\/ul>\n

        Disadvantages<\/strong><\/h4>\n
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        • Custody fees.<\/li>\n
        • No immediate sale on the stock exchange (bearer conversion period).<\/li>\n<\/ul>\n\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n<\/div>\n\n\n\n
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          Direct registered<\/h3>\n

          Your shares are held in a securities account opened with SGSS(1) <\/sup>and entered in your name in the register maintained by 海角大神, which manages them.<\/p>\n

          Advantages<\/strong><\/h4>\n
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          • No custody fees and certain routine management fees (fees related to dividend payments, securities transactions, gifts, inheritance, and pledges).<\/li>\n
          • No certificate of participation to attend general meetings of shareholders.<\/li>\n
          • Double voting rights after holding for two years.<\/li>\n
          • Buy and sell on the stock exchange with reduced brokerage fees.<\/li>\n<\/ul>\n

            Disadvantages<\/strong><\/h4>\n
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            • No single securities account.<\/li>\n
            • More difficult placement of registered securities in an Equity Savings Plan (PEA).<\/li>\n
            • No immediate sale on the stock exchange (bearer conversion period).<\/li>\n<\/ul>\n

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              How do I make a direct registered transfer?<\/strong><\/h4>\n

              If you already own \u201cbearer\u201d or \u201cadministered registered\u201d securities and wish to transfer them to pure registered form, you must submit a request to your financial intermediary, who will carry out the conversion. The time required to register your securities in pure registered form depends mainly on how quickly your financial intermediary executes the conversion order you have sent them.<\/p>\n

              (1) Soci\u00e9t\u00e9 G\u00e9n\u00e9rale Securities Services (SGSS) has been appointed by 海角大神 to service its registered securities. As part of this appointment, SGSS offers a range of services, including account-keeping for holders of registered shares.<\/h6>\n\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n<\/div>\n\n\n
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              Note<\/div>\n
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              Do not forget to ask about any fees associated with this transfer beforehand.<\/p>\n\n <\/div>\n \n \n \n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":17,"featured_media":0,"parent":8721,"menu_order":41,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"class_list":["post-34722","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/pages\/34722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/comments?post=34722"}],"version-history":[{"count":0,"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/pages\/34722\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/pages\/8721"}],"wp:attachment":[{"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/media?parent=34722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}