Jenoptik has converted into registered shares
Stock corporations (Aktiengesellschaften) can categorize the share capital either as registered or bearer shares. So far, Jenoptik had bearer shares. Now we have converted the shares into registered shares. Why?
The share register, where all shareholders of Jenoptik are registered, gives Jenoptik a better overview of its shareholders. It allows a more detailed analysis of the shareholder structure and the development of shareholdings of institutional investors.
Furthermore, Investor Relations will be more efficient and can target its operations more directly. In the daily communication with private shareholders registered shares provide valuable assistance as we can make better use of the opportunities of electronic communication. We can, for example, send the letter of invitation for the Annual General Meeting directly to the shareholders without including the custodian banks in this process.
Due to the conversion to registered shares our share will be traded under a new international securities identification number (ISIN) – DE000A2NB601 starting September 3, 2018. All shareholders of Jenoptik will be informed of the conversion by their custodian banks.
