WHO IT’S FOR
An industry-wide solution to retaining previously lost revenue
Cash+ is designed to help clients to optimise their choice on Elective Dividends and ensure they get the highest financial value with no extra burden.
MAXIMISING VALUE
Euroclear are making Cash+ available for custodians, providing an unrivalled advantage for them and their client
The innovative Cash+ solution is the first of its kind, created to deliver a seamlessly integrated tool to optimise value on voluntary elective Corporate Actions
Central Security Depositories are now, for the first time, in a position to provide this new ancillary value added service, creating better outcomes for their clients
New optimal choice for every client on dividend with option events (DVOP)
Easy solution across entire market, seamlessly integrated into the C/A flow
Maximised returns enhancing governance and fiduciary obligations
election guarantees to return the holders at least the same proceeds as the underlying cash election, PLUS extra value if it is available
Every year it is estimated that over $10billion of value is missed through sub-optimal elections.
In 2025, Cash+ will be available for Scrip Dividends in FRF, NLG and BEF.
It is envisaged that it will roll out across other Global Markets for Scrip Dividends and also encompass other voluntary events including Rights Issues, Tenders and Dutch Auctions.
For custodians looking to opt in to Euroclears service please contact your account representative or click HERE
Why? Because elections are not actively managed resulting in the cash default option to be applied
when the immediate monetization of the security would have been the better financial choice
With over one million corporate actions occurring annually on most equities and bonds - with many requiring voluntary elections - making the right choices and optimising the value is not easy.
Cash+ provides a safety net for Investors, reaches EVERY shareholder and ensures they maximise the value created by Corporate Actions allowing them to efficiently fulfil their fiduciary responsibilities and compliance reporting.