Claiming old Spanish shares

Bryony120

Hello,

I was gifted 400 shares in Grifols in 2001 when there was an IPO, I have an very old certificate / voucher but have never received any correspondence and have moved house many times since.  Does anyone know how I would make sure these shares are in my name or and which Registrar would hold them (presumably a Spanish one)? 

I have contacted Grifols over 10 times over the last 2 years and have never had a response and at this point think I will never be able to trace them.  Any help appreciated. 

Thanks 

wmb194

Bryony120 said:

Hello,

I was gifted 400 shares in Grifols in 2001 when there was an IPO, I have an very old certificate / voucher but have never received any correspondence and have moved house many times since.  Does anyone know how I would make sure these shares are in my name or and which Registrar would hold them (presumably a Spanish one)? 

I have contacted Grifols over 10 times over the last 2 years and have never had a response and at this point think I will never be able to trace them.  Any help appreciated. 

Thanks 

You need to contact its share registrar. Usually they're named on the share certificate but Grifol's website states it is, "Sociedad de Gestión de los Sistemas de Registro S.A. (Iberclear)."

When you contact Iberclear remember to ask about dividends you're owed. Recently it doesn't look to have been paying them and the last appears to have been paid on 07/06/21 but to that point it looks to have been paying twice a year.

https://www.iberclear.es/ing/Who-we-are/About-Iberclear

https://www.grifols.com/en/class-a-shares

Bryony120

Thank you for the reply, Iberclear say they do not know what I am talking about and to contact my 'Spanish custody entity' which doesn't really help matters.  It is all very frustrating! 

wmb194

Bryony120 said:

Thank you for the reply, Iberclear say they do not know what I am talking about and to contact my 'Spanish custody entity' which doesn't really help matters.  It is all very frustrating! 

It seems in Spain there's an intermediary between Iberclear and the company. On the documents you have is there any mention of Deutsche Bank Sociedad Anónima Española? This is the name that appears on Grifols' US ADR registration document as the, "custodian."

https://www.sec.gov/Archives/edgar/data/1438569/000110465917021206/a17-8984_120f.htm