Initial Recording of Securities Process

• Application Submission: The Fund Manager submits an initial registration application, accompanied by the required documents outlined in Decision 3 of the Euronext Securities Athens Board of Directors
   
• Application Review: Euronext Securities Athens reviews the application. Approval is granted if the Fund Manager has received consent from the Trading Venue Manager for listing the fund's units on the relevant Trading Venue
   
• Post-Approval Actions: 
   
  • The Fund Manager provides the Beneficiary Allocation File to Euronext Securities Athens, detailing shareholder information, including the Securities Account and Participant
     
  • Euronext Securities Athens confirms the registration date and completes the necessary registrations.
     

Regulations & Resolutions

Read the latest version of the Rulebook of Euronext Securities Athens concerning the Initial Recording of Securities for Exchange-Traded Fund Managers. Review the relevant Resolutions, Resolution 3 and Resolution 18, for detailed information.

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Charges

Initial Registration of Securities includes both the conversion of physical certificates to dematerialized form and the direct issuance of dematerialized securities.

Charge: 0.03% of the issuance value
Maximum Charge: €10,000

The issuance value is calculated as the product of the offering price (initial trading price) of each ETF unit and the number of units issued.