Captin is an independent company, licensed to operate, among others, a Multilateral Trading Facility (MTF). Investors can use this trading platform operated by Captin to trade shares or depository receipts in companies such as Triodos. The platform will give investors the opportunity to trade depository receipts based on supply and demand.
Captin provides advisory services and assistance to businesses and funds that wish to list financial instruments and/or make those tradable for shareholders, depository receipt holders, family members - in the event of a family business -, members - in the event of a cooperative society -, employees and/or third parties. Captin facilitates trade through its trading platform, where it is responsible for the full operational management of the listings.
Captin offers Triodos and its depository receipt holders a trading platform where the Triodos depository receipts can be managed and traded. Depository receipt holders can use the trading platform to, among other things:
Within the limits of all applicable laws and regulations, Captin will set up the trading platform in accordance with the needs of Triodos Bank and its Depository Receipt Holders. The MTF will provide a user friendly platform for Triodos Depository Receipt Holders to submit orders to buy or sell their certificates. Wherever possible, every Depository Receipt Holder will be provided assistance in their own language, so that all Depository Receipt Holders can easily access the trading platform.
Captin has wide experience in providing the above mentioned services and holds a licence as an investment firm for operation of a multilateral trading facility, for reception and transmission of orders, and for execution of orders. Captin is regulated by the Netherlands Authority for the Financial Markets (AFM) and De Nederlandsche Bank (the Dutch Central Bank; DNB) and is registered with the AFM.
Triodos depository receipts will become tradable in the course of 2023 through the trading platform, subject to approval by the Triodos EGM scheduled for 11 October. Depository Receipt Holders should expect to receive further information on this subject in the last quarter of 2022.
With the choice of Captin as the provider of the Multilateral Trading Facility (MTF), Triodos has taken an important step on the way recover the tradability of its depository receipts. An MTF offers the possibility to set up trade in a way that is in line with the wishes of the existing (and new) Depository Receipt Holders, the wishes of the bank, as well as the mission of the bank to enable sustainable finance to work for positive change. Captin's track record illustrates its ability to offer properly regulated trade in financial instruments, such as the Triodos Depository Receipts.
Founded in 1980, Triodos Bank has become a front runner in sustainable banking globally. Triodos Bank is an independent bank that promotes responsible and transparent banking. It does not see any conflict between a focus on people and the planet and a good financial return. Instead, it believes that they reinforce each other in the long-term. Triodos Bank has banking activities in the Netherlands, Belgium, the UK, Spain and Germany as well as Investment Management activities based in the Netherlands but active globally. Triodos Bank co-founded the Global Alliance for Banking on Values, a network of 60 sustainable banks. Together these banks want to grow sustainable banking and its impact on the real economy substantially. Triodos Bank N.V. has a full banking licence and is registered with De Nederlandsche Bank N.V. (the Dutch central bank) and the Autoriteit Financiële Markten (the Dutch Authority for the Financial Markets).
Triodos clients and depository receipt holders who have questions are invited to contact Triodos. For press questions: info@captin.nl.
