Through the Issuer centre, you can execute a return of capital to an Investor.
There is also the option to upload a document, which is stored with the capital call record for audit trail purposes.
To process a capital call:
- From the menu, go to Transactions and click Return of capital.
- Select the Security from the dropdown.
- Select the investor. You can choose from the dropdown menu, or type in the field to search by name, HIN or SRN.
- Enter the Settlement date.
- Enter the Amount.
- Under Attachments, you have the option of uploading a document by clicking Add file, then browsing to select a file from your computer.
- Click the Next button to review the transaction on the Confirm transaction page.
- To execute the transaction, click the Confirm transaction button.
- After the transaction has been confirmed, you can view the result of returning the capital by going to the Capital Structure or by clicking on the investors name on the confirmation transaction page which will take you to the investors holding details page.
An email notification and attached holding statement will be generated for the investor informing them of the details of the return of capital.
Additional Information:
- You can also download a copy of the investor's holding statement.
- If the investor does not have an email address stored in the system or has chosen not to receive statements via email, an email notification will be sent to the issuer or registrar (depending on how your profile is configured) containing an attached holding statement which can be printed and mailed to the investor to inform them of the capital call.