BUYU

Buy Up

Buy securities up to next whole number.

CINL

Fractional Part for cash

Receive cash in lieu of fractions.

DIST

Distributed

Take distribution of fractions in the form of securities.

EXPI

Expire

Let fractions expire worthless.

144A

Rule 144A

Exchange of securities into the 144A tranche. Will typically be used in the 'restricted period', i.e. the period when a party can change its holdings between 144A and REGS.

ABST

Abstain

Vote expressed as abstain. In this case, the issuing company will add the number of shares to the quorum of the meeting. If the voting right is not executed, it will not be added to the quorum. In this case, code NOAC should be used.

AMGT

Vote Against Management

Vote against management.

ATCH

Attach

Combine warrants and bonds or warrants and equities to form unit.

BEAR

Bearer Share Exchange

Exchange from registered shares into bearer shares.

BSPL

Bonus Share Plan

Receive equities from the Share Premium Reserve of the company and considered as a capital distribution rather than a disbursement of income with different tax implications (typically found in Australia).

BUYA

Buy Up

Buy additional securities to round up position.

CASE

Cash and Securities

Election choice includes a distribution of both cash and securities to holders.

CASH

Cash

Distribution of cash to holders.

CEXC

Consent and Exchange

Vote to consent to change the terms of the securities agreement and to exchange securities.

CONN

Consent Denied

Vote not to approve the event or proposal.

CONV

Convert

Convert underlying securities into other securities, not cash.

CONY

Consent Granted

Vote to approve the event or proposal.

CTEN

Consent and Tender

Vote to consent to change the terms of the securities agreement and to tender securities for cash.

DETH

Detach

Separate units into individual securities ,eg, warrants from bonds or warrants from equities.

EXER

Exercise

Exercise intermediate securities or warrants.

LAPS

Lapse

Allow event or entitled security to expire.

MKDW

Mark-Down

Mark Down the global certificate as a result of a corporate action (instruction from ICSDs to common depositories who are holding the global certificate on behalf of the ICSDs.

MKUP

Mark-Up

Mark up the global certificate as a result of a corporate action (instruction from ICSDs to common depositories who are holding the global certificate on behalf of the ICSDs).

MNGT

Vote With Management

Vote with management.

MPUT

Retain

An option that allows a holder to elect to retain their holding, eg, a putable bond.

NOAC

No Action

Option for the account owner not to take part in the event.

NOQU

Non Qualified Investor

The account owner is a Non-Qualified Investor.

OFFR

Proposed Rate

In a remarketing of variable notes, the margin that shareholders can propose in respect of the next interest period.

OTHR

Other

Generic corporate action option to be used in case that no other specific code is appropriate.

OVER

Oversubscribe

Subscribe to more equities than underlying securities position allows.

PROX

Proxy Card

Issue a proxy card in case of voting.

QINV

Qualified Investor

The account owner is a Qualified Investor

REGD

Registered Share Exchange

Exchange from bearer shares into registered shares.

REGS

Regulation S Exchange

Exchange of securities into the Regulation S tranche. Will typically be used in the 'restricted period', i.e. the period when a party can change its holdings between 144A and REGS.

SECU

Securities Option

Distribution of securities to holders.

SLLE

Sell Entitlement

Sell the intermediate securities.

SPLI

Split Instruction

Option to give a split instruction, eg, a split voting instruction on a meeting.

TAXI

Tax Instruction

Tax instruction.

BERE

Bearer to Registered

Change from bearer into registered form.

CERT

Certificates

Change of all instruments into certificates.

DEPH

Dematerialised to Physical

Change from dematerialised into physical form.

GPPH

Global Permanent to Physical

Change from global permanent to physical form.

GTGP

Global Temporary to Global Permanent

Change from global temporary to global permanent form.

GTPH

Global Temporary to Physical

Change from global temporary to physical form.

NAME

Name

Change of the issuing company's name.

PHDE

Physical to Dematerialised

Change from physical into dematerialised form.

REBE

Registered to Bearer

Change from registered into bearer form.

TERM

Terms

Change in the terms of the security.