“The Shareholder Rights Directive II (SDR II)” is a European Union (EU) directive which will come into effect on 3 September 2020. SRD II promotes greater engagement between shareholders and corporations they invest in, where such corporations have a registered office in the EU and whose equity securities with voting rights are admitted for trading on a regulated market within the EU (“applicable corporation(s)”).
Under this directive, all impacted intermediaries such as DBS Vickers Securities (Thailand) Company Limited and some of its affiliates, are required to disclose shareholder information i.e. your information; to an applicable corporation, send notifications to shareholders of general meeting events and facilitate voting at corporate events. Third party vendors may be engaged to facilitate compliance with the requirements under SRD II. Additional costs related to your equity investment in an applicable corporation will be incurred in order to comply with SRD II, and DBS Vickers Securities (Thailand) Company Limited and its affiliates (where applicable) reserves the right to charge you to defray such costs.
Notice : EU shareholders rights Directive II Notice
As communicated in Aug 2020, to facilitate with the compliance of the requirements under EU Shareholders Rights Directive II (SRD II), we have engaged a third party vendor to facilitate the exercise of shareholder rights. As such, if any of your holdings are in scope for such event, you will receive an email notification from “global@proxyvote.com” for your prompt action.
Pre Ballot Flow
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Example : Pre Ballot Email Template
[Email address : “global@proxyvote.com”]
Ballot & Notification Flow
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Example : Ballot Email Template
[Email address : “global@proxyvote.com”]
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Example : ProxyVote Overview
(Broadridge Hosted Voting Site)
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Example : Voting
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Example : Finish Voting
FAQ
1. What is SRD II?
“The Shareholder Rights Directive II (SDR II)” is a European Union (EU) directive which will come into effect on 3 September 2020.
2. Object of SRD II
SRD II promotes greater engagement between shareholders and corporations they invest in.
3. How can we know the votes?
The client will receive two emails from the vendor (Broadridge)
[Email address : global@proxyvote.com] for notification votes
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1st email Pre-Ballot: Notification for upcoming proxy
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2nd email Ballot: The unique deep link in email to cast proxy vote
4. When we will receive notification and how to vote?
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1st email Pre-Ballot: Announcement an upcoming shareholding meeting: Please keep an eye out for subsequent mailing to vote.
Notification will send to clients daily 2 times per day, Hong Kong Time (HKT). One hour ahead of Thailand Time.
Hong Kong Time (HKT) Thailand Time (ICT) 03:00 am 02:00 am 07:00 pm 06:00 pm -
2nd email Ballot and Notification: The client shall click on the unique deep link in the email to make their proxy vote for each agenda item and such voting decision will be captured directly by Broadridge to deliver to issuer.
Ballot and Notification will be sent to clients by next day from Monday – Friday at Eastern Time which delayed from Thailand time five hours.
Eastern Time (EST) Thailand Time (ICT) 02:00 am 10:00 pm
5. Any charging on these services
Additional costs related to your equity investment in an applicable corporation will be incurred in order to comply with SRD II, and DBS Vickers Securities (Thailand) Company Limited reserves the right to charge you to defray such costs. This cost will be disclosed on the website when available.
6. Contact person
For operational issues relating to SRD II such as corporate actions/general meeting notifications, If you have any queries, please contact DBS Vickers Securities (Thailand) Co., Ltd at Tel. 02 857 7530, 02 857 7574, or 02 857 7549 or email address THDbsvCorpActions@TH.DBS.COM
