Glossary entry

Italian term or phrase:

Aderente all’Offerta

English translation:

Accepting Shareholder

Added to glossary by EirTranslations
Sep 20, 2016 06:14
7 yrs ago
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Italian term

Aderente all’Offerta

Italian to English Bus/Financial Finance (general) AIM Italia trading / mark
Please see below thanks re trading on AIM Italia

L’Offerente riconoscerà a ciascun Aderente all’Offerta un corrispettivo pari a Euro x per ciascuna Azione portata in adesione all’Offerta (il “Corrispettivo”).

Il Corrispettivo si intende al netto di bolli, compensi, provvigioni e spese che rimarranno a carico dell’Offerente, mentre l’imposta sostitutiva sulle plusvalenze, qualora dovuta, resterà a carico degli Aderenti all’Offerta Obbligatoria.
Si precisa che, ai sensi dell’art. 106, comma 2, del TUF, in quanto applicabile ai sensi dell’art. 6-bis del Regolamento Emittenti AIM Italia e dell’art. 10 dello statuto sociale dell’Emittente, l’Offerta deve essere promossa ad un prezzo “non inferiore a quello più elevato pagato dall’offerente e dalle persone che agiscono di concerto con il medesimo, nei dodici mesi anteriori alla comunicazione di cui all’articolo 102, comma 1, per acquisti di titoli della medesima categoria”.

Proposed translations

4 days
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Accepting Shareholder

Term widely used in this context.
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30 mins

(trading) participant

s t o c k . m a r k e t . p a r t i c i p a n t

aderente (partecipante) = participant

A stockbroker or trading participant is licensed by the Securities and Exchange Commission (SEC) and is entitled to trade at the Exchange. They act as an agent between a buyer and seller of stocks in the market. For their services as stockbrokers, they receive from their clients either a buying or a selling commission.
http://www.pseacademy.com.ph/LM/investors~details/id-1316273...

How issuers work with DTC | DTCC
http://www.dtcc.com/matching-settlement-and-asset-services/i...
For an underwritten offering, a DTC participant submits a request to make a security eligible for DTC services. Participants may also request eligibility for “older issues” which are already traded in the marketplace. DTC participants include banks, broker/dealers and other firms that act as underwriters of new issues, as well as other types of financial service institutions. An issuer seeking for an issue to become DTC eligible should work through a DTC participant that is willing to sponsor the eligibility process for the security. A participant may submit an eligibility request through DTC’s Underwriting Service at the time a security is initially offered and distributed to the marketplace, or at a later time for older issues that are not already DTC eligible. DTC’s Underwriting area may be consulted for specific eligibility requirements.
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