SWIFT ISO 15022 - Code COOP
Signification
- Company Option: A Company Option may be granted by the company, allowing the holder to take up shares at some future date(s) at a pre arranged price in the company. A company may not grant options which enable the holder to take up unissued shares at a time which is five or more years from the date of the grant. Option holders are not members of a company. They are contingent creditors of a company and hence may, in some instances, be entitled to vote on and be bound by a scheme of arrangement between the creditors and the company. As many options have multiple exercise periods a company option will either lapse or carry on to the next expiry date.
Utilisations
Type de message
Numéro de champ
Tag
MT567
(Corporate Action Status and Processing Advice)
(Corporate Action Status and Processing Advice)
4
22F (Indicator: Corporate Action Event Indicator)