Shareholder Information

External Links:

FAQs about Euronext

How do I buy and sell shares on Euronext?

Shares can be bought and sold on Euronext in the same manner as on other exchanges. If your stockbroker is not a member of Euronext, or does not have a direct link to the Euronext clearing and settlement system (operated by Euroclear and Clearstream), he can make use of another broker. This means that most stockbrokers are able to deal on behalf of private investors in our security, either directly or indirectly.

How does settlement work on Euronext?

The Euronext settlement system is totally automated to ensure that trading and settlement can be efficient and swift. Settlement of transactions on Euronext is based on a trade date plus three days settlement period. This means that private investors will be required to open a nominee account with their broker before they can start dealing.

The purpose of the nominee account is to ensure efficient registration and settlement of shares: they will be registered in the name of the nominee but the account will be managed on the investor's behalf who remains the beneficial owner of shares.

As a result, private investors will receive a contract note (as usual from a broker) and be provided with a regular statement of shares held in their nominee account.

How do investors pay for their shares?

As most shares, Global Graphics shares are traded in Euros. Professional advisers as brokers will discuss the best options for dealing with any necessary currency conversions and will make individual arrangements with investors for the payment of shares, with electronic debits and credits made to the investor's account.

What are the costs of dealing on Euronext?

Brokers will advise their clients on the commission payable for transactions on Global Graphics shares. There may be additional costs associated with setting up and maintaining a nominee account.

Private investors are strongly advised to check in advance with their broker what charges will be and what services are included in such charges.

Note to UK private investors

Of special interest to UK private investors is the fact that no UK stamp duty is levied on shares traded in the secondary market once the shares have been lodged with the Euronext settlement system.

In addition, the Inland Revenue has listed Euronext as Regulated Investment Exchange for the purpose of eligibility for inclusion in PEPs and ISAs, subject to certain conditions.

As private investors are required to open a nominee account they will not receive a share certificate for their purchases.

More information on the organization of Euronext can be found at the Euronext Documents Centre.