If you open a securities account or a share savings plan with your financial institution, your shares are considered “bearer shares”. Your point of contact is your financial institution.
You may request the conversion of your bearer shares into intermediary registered shares. Your shares are then recorded in your name in Air Liquide’s register and your point of contact remains your financial institution.
You open a securities account with Air Liquide. Your shares are recorded in your name in Air Liquide’s register. Shareholder Services is your point of contact.
DIFFERENCES IN SHAREHOLDING OPTIONS To convert to registered shares, see Factsheet 4 | BEARER SHARES | INTERMEDIARY REGISTERED SHARES | DIRECT REGISTERED SHARES |
---|---|---|---|
My handling fees and management fees | My handling fees and management fees BEARER SHARES Varies by financial institution | My handling fees and management fees INTERMEDIARY REGISTERED SHARES Varies by financial institution | My handling fees and management fees DIRECT REGISTERED SHARES Free |
I place my stock orders with | I place my stock orders with BEARER SHARES My financial institution | I place my stock orders with INTERMEDIARY REGISTERED SHARES My financial institution | I place my stock orders with DIRECT REGISTERED SHARES Air Liquide |
My broker fees | My broker fees BEARER SHARES Varies by financial institution | My broker fees INTERMEDIARY REGISTERED SHARES Varies by financial institution | My broker fees DIRECT REGISTERED SHARES 0.10(a) or 0.18% before tax |
I am eligible for free shares when free shares are attributed | I am eligible for free shares when free shares are attributed BEARER SHARES ⬤ | I am eligible for free shares when free shares are attributed INTERMEDIARY REGISTERED SHARES ⬤ | I am eligible for free shares when free shares are attributed DIRECT REGISTERED SHARES ⬤ |
I qualify for the loyalty bonus(b) | I qualify for the loyalty bonus (b)DIRECT REGISTERED SHARES ⬤ | ||
I am kept up-to-date on the Group’s news, results and developments concerning shares by Air Liquide | I am kept up-to-date on the Group’s news, results and developments concerning shares by Air Liquide INTERMEDIARY REGISTERED SHARES ⬤ | I am kept up-to-date on the Group’s news, results and developments concerning shares by Air Liquide DIRECT REGISTERED SHARES ⬤ | |
I am invited to the Annual General Meeting directly by Air Liquide | I am invited to the Annual General Meeting directly by Air Liquide INTERMEDIARY REGISTERED SHARES ⬤ | I am invited to the Annual General Meeting directly by Air Liquide DIRECT REGISTERED SHARES ⬤ | |
My Tax Reporting Form is sent by | My Tax Reporting Form is sent by BEARER SHARES My financial institution | My Tax Reporting Form is sent by INTERMEDIARY REGISTERED SHARES My financial institution | My Tax Reporting Form is sent by DIRECT REGISTERED SHARES Air Liquide |
My point of contact is | My point of contact is BEARER SHARES My financial institution | My point of contact is INTERMEDIARY REGISTERED SHARES My financial institution | My point of contact is DIRECT REGISTERED SHARES Air Liquide |
(a) See conditions on page 3.
(b) For shares held for two full calendar years and subject to the conditions defined by Air Liquide’s articles of association.