CorporateActionNotification002V13seev.031.002.13

Definition: Standard code to specify the type of corporate action options.

Type: CorporateActionOption15Code (String)

Allowed Values:

• ABST (Abstain): Vote expressed as abstain. In this case, the issuing company will add the number of shares to the quorum of the meeting. If the voting right is not executed, it will not be added to the quorum. In this case, code NOAC should be used.
• BSPL (Bonus Share Plan): Receive equities from the share premium reserve of the company and considered as a capital distribution rather than a disbursement of income with different tax implications (typically found in Australia).
• BUYA (Buy Up): Buy additional securities to round up position.
• CASE (Cash And Security): Option to choose between different security and cash options.
• CASH (Cash): Option to choose cash.
• CEXC (Consent And Exchange): Vote to consent to change the terms of the securities agreement and to exchange securities.
• CONN (Consent Denied): Vote not to approve the event or proposal.
• CONY (Consent Granted): Vote to approve the event or proposal.
• CTEN (Consent And Tender): Vote to consent to change the terms of the securities agreement and to tender securities for cash.
• EXER (Exercise): Exercise intermediate securities or warrants.
• LAPS (Lapse): Allow event or entitled security to expire.
• MPUT (Retain): Option that allows a holder to elect to retain their holding, for example, a putable bond.
• NOAC (No Action): Option for the account owner not to take part in the event. This would include opt- out for class actions and lodging of dissenters' rights.
• NOQU (Non Qualified Investor): Account owner is a non-qualified investor.
• OFFR (Proposed Rate): In a remarketing of variable notes, the margin that shareholders can propose in respect of the next interest period.
• OTHR (Other): Generic corporate action option to be used in case that no other specific code is appropriate.
• OVER (Oversubscribe): Subscribe to more equities than underlying securities position allows.
• QINV (Qualified Investor): Account owner is a qualified investor.
• SECU (Security): Distribution of securities to holders.
• SLLE (Sell Entitlement): Sell the intermediate securities.
• PRUN (Unknown Proceeds): Proceeds not known during election period. The option can result in cash and/or securities.
• BOBD (Beneficial Owner Breakdown Request): Breakdown of beneficial ownership required for withholding tax reclaim event.