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Registered Shares

A registered share is registered in the name of the shareholder. A company with registered shares keeps a register of shares that lists the shareholders by name and includes their date of birth, address and the number of shares they hold (section 67(2) of the Aktiengesetz (AktG – German Stock Corporation Act). As far as the company is concerned, only those people entered in its share register are considered shareholders (section 67(2) AktG). Registered shares are very common outside Germany. Inside Germany as well, a number of stock corporations have converted their bearer shares into registered shares in recent years.

Why did HAMBORNER switch to registered shares?

Since 4 February 2021, HAMBORNER REIT AG’s shares have been traded as registered no-par value shares under ISIN DE000A3H2333.

Our company attaches great importance to transparent and direct communications and to direct contact with its shareholders. By entering shareholders in the share register, we can contact our shareholders directly, and keep them updated on the company’s development with even more focus. Furthermore, registered shares facilitate the preparations for the Annual General Meeting. We send the invitations directly – even by e-mail, if so desired. This facilitates and accelerates communication processes between shareholders and the company, while also offering cost benefits compared to previous channels through custodian banks.

More information on our shares can be found on our website or you can just talk to our IR team.