![]() Please contact your broker for more information on this process.Īs a result of the above, the system is designed to allow an investor to trade at any time, in its discretion, on either the NYSE or MTA or Euronext regardless of where the investor’s shares are held prior to the trade. Investors can request their broker/financial intermediary to move the common shares between MT, EFR and a DTC participant and that transfer can normally be carried out in 1 or 2 business days, although the timing will depend on the intermediaries involved as well as the time of the request in light of the different time zones. This is intended to facilitate the transfer of shares among settlement systems. ![]() Shares traded on MTA will be held in MT’s DTC account and shares traded on Euronext will be held in EFR’s DTC account. MT and EFR maintain a participant account within DTC. (“CTCNA”) in book-form/Direct Registration System (“DRS”). Settlement of trades on both the NYSE and European stock exchanges occurs two business days after trading (T+2).Ĭommon shares may be held through a broker/bank/financial intermediary participant either in DTC or through the relevant European clearing system (MT and EFR).Īlternatively, a shareholder may hold common shares in its name, outside DTC, on the register maintained by the US Transfer Agent, Computershare Trust Company, N.A. (“MT”) and the French CSD Euroclear France (“EFR”). Shares traded on the NYSE (CUSIP N82405 106) are settled through The Depository Trust & Clearing Corporation (“DTC”) in the US, while shares traded on European stock exchanges (ISIN NL00150001Q9) are settled through the Italian CSD Monte Titoli S.p.A. Stellantis common shares are listed and can be traded on either (i) the NYSE in US Dollars or (ii) the Italian Stock Exchange (MTA) and (iii) Euronext Paris, both in Euros. ![]()
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