You accept the offer first. This means at the end of the offer period, you end up with German shares. You wouldn't be able to access them or see them anywhere if that's all you did.
So after accepting, you need to transfer them into a broker that accepts them. (which is the complicated form we're talking about).
You really need to get a move on now, as there is less than 2 weeks until the offer closes, and if you don't accept it by then, you'll probably be left with some unlisted German shares that are for all intents and purposes impossible to sell.
First step is to go here to accept the offer: https://events.miraqle.com/msg-offer/
On that page, after you accept, you will be able to find the form that we're talking about.
The form will be a nightmare, but accepting the offer is the step you need to do first to make sure you aren't left with nothing usable.
Also ask Stake if they can accept a transfer of German shares. If not, you'll need a different brokerage account.
From a recent Marley Spoon email:
Some examples of brokers/custodians that you may consider are:
• Interactive Brokers - interactivebrokers.com.au, (02) 7251 0088
• eToro - etoro.com/au
• Plus500 - plus500.com
• Saxo Bank - home.saxo/en-au, (02) 8267 9000
- Forums
- ASX - By Stock
- MMM
- Ann: Launch of Subsequent Direct Tender Offer by MSG
Ann: Launch of Subsequent Direct Tender Offer by MSG, page-34
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