Bare trust holders

A valid bare trust holder requires the following contacts:

• Trustees: One or more individual or company contacts.
• Beneficial owners: One or more individual contacts.
• Holding company (optional): A company contact.

Bare trust holders can be added to your register when issuing or transferring securities. Before adding a new holder, first create the required contacts if they are not already existing.

To create a bare trust holder:

1. Go to Transactions and click on Issue securities or Transfer securities.
2. At the Transaction type and holder step, select the Transfer type and Security.
   • If issuing securities, select Create new holder.
   • If transferring securities, under Buyer, select Create new holder.
3. Select Bare trust.
4. Click Add trustee and add an individual or company contact. Repeat as necessary for additional trustees.
5. Click Add beneficial owner and select an existing individual contact. Repeat as necessary for additional beneficial owners.
6. If there is a holding company, select Yes under Holding company, and select a company contact.
7. Click Next. If the combination of contacts you have selected already exists as a holder, you will get a warning message. You will have the option to:
   • Use the existing holder for the transaction.
   • Create a new holder using the selected contacts for the transaction.
8. On the Transaction details step, enter the settlement date, quantity and other transaction details. Click Next.
9. On the Confirm transaction page, review the information you have entered. When you are happy, click Confirm transaction to create the new holder in your register and process the transaction.
10. When the transaction has finished processing, the new holder’s name (next to the Buyer label) will become a link to their holder details page.

Additional Information:

• You can edit an existing holder's details at any time after you have created them, in case you need to make an amendment to the details you entered when initially creating them.