Hi, this month Siemens is spinning off its energy division into new publicly traded company called Siemens Energy. Siemens has reported that for every 2 Siemens shares investors will get 1 Siemens Energy share. I wanted to know how this will be handled (if at all) by Trading 212. Any comments on th…

I don’t think that we will get the stocks. Distributions as stocks are cashed, both with spin-offs and stock dividend. The best I can expect is the quick introduction of Siemens Energy stock to the platform

You will be distributed the cash equivalent of the shares that would be received from the spin-off. We are working on providing the actual shares but we won’t be ready for this event, unfortunately.

What will happen if i have 1 share or 1.5 shares? Will i still get the cash equivalent ?

On https://new.siemens.com/global/en/company/investor-relations/siemens-energy-spin-off.html there is FAQ section. It has “What happens to Siemens shareholders who hold an odd number of shares?” question. You might want to read that.

When is the cash equivalent deposited into the account?

@vvsvin In the next few minutes.

Thank you @David . Received the amount. Is there a plan to include Siemens Energy?

Any news if this will be added?

Siemens Energy spin off shares compensation - ✅ Completed

🤝 Help

vvsvin September 14, 2020, 10:36am 8

Thank you for clarifying.

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Siemens Energy spin off shares compensation - ✅ Completed

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