What should I do to make the transfer of shares to a relative or in-law?

Depozitarul Central may operate direct transfers of ownership of financial instruments with the cumulative fulfillment of the following conditions:

  • parts are relatives or affinity up to the fourth degree inclusive;
  • none of the parties involved in such transaction is or may become a significant shareholder as a result of such transaction;
  • the cumulative volume of these transactions over a period of 12 months does not exceed 1% of the total number of securities of the same type and of the same class put into circulation by the respective issuer;
  • the act concluded between the parties shall be authenticated by a public notary.

The operation of direct transfers between relatives or affinities up to the fourth degree at the request of the parties involved is based on the following documents:

  • the request of one of the parties involved in the transaction or their empowered for the transfer » download form
  • the identity documents of the parties involved in the transaction and/or their empowered;
  • the translated act of ownership authenticated by a public notary and, if the case may be, proofs of the degree of relationship;
  • fee for the direct transfer.

Request for direct transfers between relatives or affinities up to the fourth degree along with the above mentioned documents may be sent to Depozitarul Central via post with registered letter (with acknowledgement of receipt) 4-8 Nicolae Titulescu, America House Building, East Wing, 1st floor, Bucharest 1, postal code 011141.

Additional information can be obtained from Depozitarul Central S.A. at the telephone numbers (021) 408.58.00; 408.58.46