What are the advantages and disadvantages of each of the methods for holding shares?
• Bearer sharesAdvantagesDisadvantages- Trading on the stock market is “easy” and immediate – Freedom of choice of financial intermediary – Simplified portfolio management (possibility of grouping together all securities) – Payment of custody fees – No systematic communication by the issuing company – Need to obtain a certificate for attendance at shareholders’ meetings Managed registered sharesAdvantagesDisadvantages- Freedom of choice of financial intermediary – Simplified portfolio management (possibility of grouping together all securities) – The issuing company regularly sends various corporate communications, and notice of shareholders’ meeting – Payment of custody fees (these may be increased) – Possibility of longer operational times being required due to the complexity of circulation of information media (statement of registered references – bordereau de références nominatives – BRN) between the issuing company, Euroclear and the custodian Pure registered sharesAdvantagesDisad
