BASF SE / Miscellaneous
24.07.2008
Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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BASF SE
Ludwigshafen am Rhein
ISIN DE0005151005
Stock Index Number 515 100
Second request to hand over obsolete share certificates
The annual general meeting of BASF SE on April 24, 2008 inter alia resolved
a reclassification of the nominal capital (2 for 1 stock split) and the
necessary related modification of the articles of incorporation (Satzung).
The non-par value shares (hereinafter referred to as the 'shares') with an
imputed interest of EUR 2.56 each in the nominal capital were in each case
split into two (2) shares with an imputed interest of EUR 1.28 each in the
nominal capital. The relevant modification of the articles of incorporation
has been recorded in the commercial register of the local court
(Amtsgericht) Ludwigshafen am Rhein on May 29, 2008. Accordingly, one
former share (1 share) of BASF SE was reorganized into two (2) shares, one
(1) collective share representing ten (10) shares was reorganized into
twenty (20) shares, one (1) collective share representing one hundred (100)
shares was reorganized into two hundred (200) shares and one (1) collective
share representing five hundred (500) shares was reorganized into one
thousand (1,000) shares. The nominal capital of BASF SE of EUR
1,210,918,400.00 is subdivided into 946,030,000 non-par value shares with
an imputed interest in the nominal capital of EUR 1.28 each. The
shareholders right to definitive share certificates is excluded under the
articles of incorporation.
Following the transformation into a European Company (SE), the share
certificates of our company have become obsolete. Therefore, all share
certificates which are circulating since the exchange of share certificates
in 2002 bearing the former name of 'BASF Aktiengesellschaft' should be
cancelled and exchanged for shares exclusively held within the collective
securities deposit system. Our shareholders holding definitive share
certificates are hereby requested to surrender their
BASF shares represented by individual or collective certificates, together
with dividend coupons nos. 27 through 40 as well as talons,
during the period
from June 27 to (and including) September 30, 2008
to an exchange agent or any other credit institution for passing on to an
exchange agent during regular business hours in exchange for credit entries
in collective securities deposit accounts. The exchange agents are
in Germany:
all branches of
Deutsche Bank AG
in Switzerland:
Credit Suisse, Zurich
and its Swiss branches.
Shareholders within the United Kingdom holding the BASF shares represented
by individual or collective certificates are requested to contact their
local broker or local custodian bank to proceed with the exchange for
credit entries in collective securities deposit accounts. Both the
custodian banks and the local brokers have to submit these BASF shares in
the manner customary to such proceedings to Deutsche Bank AG, Frankfurt am
Main, or to any other bank for transferring these shares to Deutsche Bank
AG, Frankfurt am Main, accordingly.
Since the beginning of the exchange of the shares of BASF SE these are
evidenced exclusively by global certificates deposited with Clearstream
Banking AG, Frankfurt am Main. The shareholders of BASF SE will hold
co-ownership interests in such shares held in collective custody.
The good delivery status on the stock exchange of the obsolete share
certificates has been cancelled as of the end of June 26, 2008. As from
June 27, 2008, the BASF shares will be delivered exclusively via the
collective securities deposit system.
Shareholders keeping their share certificates themselves are requested to
surrender such share certificates to a credit institution of their choosing
that maintains securities deposit accounts within the period referred to
above. Upon verification of the correctness of the share certificates so
handed over, a credit entry will be made with respect to the shares (after
the stock split) in an existing or newly opened collective securities
custody account in the name of the surrendering shareholder.
Shareholders whose shares are held in jacket custody are requested to have
their shares transferred to collective custody accounts maintained with
their depositary banks, taking into account the stock split; any other
steps required in connection with the exchange of shares will be taken by
the depositary bank. No action has to be taken by shareholders whose shares
are held in a collective custody account with a credit institution.
No expenses will be incurred by our companys shareholders as a result of
the obsolete share certificates. The cost of maintaining a securities
deposit account will not be borne by the company.
Obsolete share certificates of our company not surrendered by (and
including) September 30, 2008 will be cancelled pursuant to § 73 of the
German Stock Corporation Act (AktG). The necessary authorization has been
granted by the local court (Amtsgericht) Ludwigshafen am Rhein on April 28,
2008.
Ludwighafen am Rhein, July 2008
BASF SE
The Board of Executive Directors
(Vorstand)
DGAP 24.07.2008
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Language: English
Issuer: BASF SE
Carl-Bosch-Straße 38
67056 Ludwigshafen
Deutschland
Phone: +49 (0)621 60-0
Fax: +49 (0)621 60-4 25 25
E-mail: info.service@basf.com
Internet: www.basf.com
ISIN: DE0005151005, DE000A0JRFB0, Börse Dublin, Frankfurter Wertpapierbörse, , DE000A0JRFA2, Börse Dublin, Frankfurter Wertpapierbörse, , DE000A0JQF26, Börse Dublin, Frankfurter Wertpapierbörse, , DE000A0EUB86, Frankfurter Wertpapierbörse, , DE0008846718, Frankfurter Wertpapierbörse,
WKN: 515 100, WKN A0JRFB, Börse Dublin, Frankfurter Wertpapierbörse, , WKN A0JRFA, Börse Dublin, Frankfurter Wertpapierbörse, , WKN A0JQF2, Börse Dublin, Frankfurter Wertpapierbörse, , WKN A0EUB8, Frankfurter Wertpapierbörse, , WKN 884671, Frankfurter Wertpapierbörse,
Indices: DAX, EURO STOXX 50
Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard),
Hannover, Düsseldorf, Stuttgart, München, Hamburg;
Terminbörse EUREX; Foreign Exchange(s) London, SWX
End of News DGAP News-Service
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DGAP-News: BASF SE: Second request to hand over obsolete share certificates
| Source: EQS Group AG