Central register shares

Central register shares are issued as electronic shares instead of in the form of a traditional share certificate or global certificate. The issuer enters them into an electronic securities register, a central register, or a crypto securities register.

Both registered shares and bearer shares can be entered in a central register, while the crypto securities register only allows registered shares.

Under certain conditions, stock corporations can also replace existing physical shares with electronic shares. Upon entry in the electronic securities register, physical shares are declared invalid by law.