To determine the mailing requirements you will have for your beneficial securityholders, you are required by regulation to initiate a material search and distribute Search Cards to intermediaries
Computershare will initiate and prepare the Search Cards to determine material quantities at least 20 days before the Record Date.
In most cases we initiate this 25 days before your Record Date to ensure you have your quantities as soon as possible.
If you require a NOBO list or if Computershare is facilitating your NOBO mailing*, you will be required to complete the Undertaking Form for us to obtain the NOBO data on your behalf.
Computershare will receive the Participant Listing on your behalf through our online participant data feed with CDS.
NI 54-101 also allows you to choose whether or not to pay for the mailing costs to send proxy materials to Objecting Beneficial Owners (OBOs).
Regulatory Requirements:
- Distribute Search Cards to intermediaries at least 20 days before the Record Date [Section 2.3 NI 54-101]
- Provide the Undertaking Form* to the Transfer Agent 20 days before the Record Date [NI 54-101 F9]
- Request Participant Listing from CDS at least 25 days before the Record Date [Section 2.3 NI 54-101]
*Applies only to those companies who require a NOBO list or if Computershare is facilitating your NOBO Mailing.