Rights issues & Dividends
When you place an order for the subscription offer product related to a rights issue or dividend coupons, it will remain under open orders until the deadline. You can modify and/or delete your order until the deadline.
After the deadline, the claims or coupons will be booked out of your portfolio. In their place, you will receive a reservation line for the new shares or cash dividend to be received. Once we receive the shares or funds, we will book out the reservation line and you will receive the shares in your DEGIRO account.
Tender offers
When you successfully place an order for a tender offer product, an administrative sell/buy transaction will take place. As a result the registered shares will be placed on a reservation line. If successfully placed, you will see this in your portfolio the non tradeable reservation.
Upon the completion of a tender offer, the funds will be booked in your account automatically. Simultaneously the reservation line in your portfolio will be debited as well.