Which should you opt for: direct registered, intermediary registered or bearer shares?
Which should you opt for: direct registered, intermediary registered or bearer shares? The choice is yours. So it is important to have a clear understanding of the features and benefits specific to each of these different shareholding options. Shareholder Services offers you clarifications and explanations about the three shareholding options.
Being a direct registered shareholder
As a direct registered shareholder, your shares are registered in your name in a register maintained directly by Air Liquide Shareholder Services, giving you the following benefits:
Reduced brokerage fees of 0.10% (subject to having signed an account agreement) (excl. tax) for stock orders placed via your personal online Account(a), for purchases paid in full by SEPA automatic debit (if the bank account is domiciled in the SEPA zone) or by bank card (for transactions up to €3,000), as well as for sales, or 0.18% (excl. tax) on the gross transaction amount (no minimum limit) via phone, etc.
A loyalty bonus that adds 10% to the total dividend received and the number of free shares attributed (after you have held your shares for two full calendar years)
Direct advice from Shareholder Services on all aspects of share management: account opening and management, stock orders, taxes and share inheritance
Online tracking of your accounts and the ability to place stock orders directly through your online Account
If you wish to transfer your shares to direct registered shares, make a request to your Financial institution using this form.
As an intermediary registered shareholder, your share portfolio is managed by your bank in the form of a share savings plan or securities account. You also get all the benefits of registered shareholding. In practical terms, this means that:
Your financial intermediary (e.g. bank) remains your normal point of contact for all day-to-day portfolio transactions
By phone - call 0 800 166 179 (toll-free if you are calling from France) or +33 1 57 05 02 26 if you are calling from another country
By fax: +33 1 40 62 57 50 (accompanied by a photocopy of a piece of ID)
By post to Shareholder Services at the following address (accompanied by a photocopy of ID)
62978 Arras Cedex 9
What if you want to buy more shares to add to your portfolio?
If you have opted for payment by direct debit, call our advisors on 0 800 166 179 (toll-free if you are calling from France) or +33 1 57 05 02 26 if you are calling from another country. No deposit is required. Your account will be automatically debited within a few days of receiving the contract note.
If you have opted for payment by check, your buy order must be accompanied by a deposit check for 80% of the estimated purchase amount made payable to Air Liquide. Both should then be sent to:
62978 Arras Cedex 9
On fulfillment of your buy order, a contract note for the full buy order billing value will be sent to you.
The deposit check will be cashed as soon as the order has been fulfilled. You must then send a check for the balance made payable to Air Liquide as soon as you receive the contract note.