What are the benefits of dematerialization to the investor?
• In a regional market–where investors will own companies in different jurisdictions–it will be logistically difficult to move physical certificates from one country to the other. Even if undertaken, there is a likelihood that the same could be lost or their delivery delayed. • Evidence of ownership can’t be lost as the official record is maintained electronically by the ECCSR. You will receive periodic correspondence from the ECCSR regarding your shareholdings. • Since physical certificates are no longer used, there is no possibility for theft of your records. • If you wish to sell your shares, you can more efficiently execute your transaction, as there will be no need to transfer physical certificates to conclude the transaction. • You can verify ownership of shares at any time without having to carry the physical certificates. Every shareholder will have a unique account number and an I.D. to be used to confirm ownership. • Changes you require on your records can be more quickly p