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Terms of use

 

 

Miscellaneous

Registration

This procedure serves the "binding and safe” registration of the persons involved in trading. Registration is done online:
Click "Edit account”, complete the registration form and upload your ID. You can also provide your ID by E-Mail to web@windenergie.at or with postal service to WEB Windenergie AG, Davidstraße 1, 3830 Waidhofen/Thaya.
Your account will then be activated for trading and you'll receive a confirmation E-Mail.

Who is permitted to trade?

Offers can only be made and accepted by registered users.

For minors, any trading activity requires the prior consent of their legal guardians (parents); if need be a permit by the appropriate authority needs to be obtained (in case shares are bought with money belonging to the minor). Subsequently, any trading activities of minors are only allowed upon presentation of the relevant documents.

Binding nature

Offers of purchase and sale posted in the share section of the WEB traderoom are legally binding.

With regards to bonds, it is important to note, that selling or purchasing of these instruments is exclusive to the Third Market of the Vienna Stock Exchange. To participate in trading, please contact your depositary bank to help you facilitate the access to this market. WEB Windenergie AG does not assume liability or guarantee that the bonds offered in the Traderoom are owned by the user or will be bought from potentially interested parties. 

Violation

In the case of a violation, offers to buy or sell as well as user's accounts can be deleted at any time without prior notification.

Costs

The WEB Windenergie AG Traderoom service is free of charge.

Warranty

WEB Windenergie AG provides no guarantee for the conclusion of a purchase and sale of shares or bonds.

WEB Windenergie AG provides no guarantee for the trading price at which an offer to buy or sell is executed.

WEB Windenergie AG retains the right to delete user accounts without notification in case of violation of the terms of use.

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Shares - Guidelines for the Buyer

Binding nature

Buying shares in the Traderoom is a binding legal act.

However, you have the option to delete unaccepted offers to buy shares.

Placing a purchase order

An order to buy (a) share(s) can placed online in the follwing manner:

Login and click: "order shares", state the number of shares in the field “Quantity” , the unit price and the period of validity to buy in “Expires in”. After reading and accepting the terms of use click, "Continue”. You now have the possibility to check your order to buy again and confirm. Your purchase order will automatically be visible for other users in the Traderoom.

Validity period

An unaccepted order to buy automatically runs out after the validity periods expires. The maximum period of validity of purchase orderes is 14 days, ending at midnight on the last day of the validity period.

The user retains the option to delete unaccepted purchase orderes at any time.

Filling an existing order to sell

Login and click: “list of offers”. Choose your desired share offer and click "buy”. You then have the option to check your order and confirm. You will receive an E-Mail with further instruction on processing the trade.

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Shares - Guidelines for the Seller

Binding nature

Selling shares in the Traderoom is a binding legal act.

However you have the otpion to delete unaccepted share-offers by yourself.

Placing a selling order

An order to sell (a) share(s) can placed online in the following manner:

Login and click: "sell shares". State the number of shares in the field “Quantity” and the unit price/period of validity to sell in “Expires in”. After reading and accepting the terms of use, click "Continue”. You now have the otpion to check your selling order again and confirm. Your selling order will examine the plausibility and unlock the Traderoom.

Examination

A check is made whether the seller is the owner of the shares in question or if the shares are mortgaged to third parties. If a technical error occurs, in which the selling order cannot be checked automatically, the W.E.B team will do it manually the next work day.

Sales outside the Traderoom

Shares, offered at the Traderoom cannot be sold outside of the Traderoom (privat trade) during the validity of the offer.

Validity period

An unaccepted order to sell automatically runs out after the validity periods. The maximum period of validity of selling order is 14 days, ending at midnight on the last day of the validity period. The user retains the option to delete unaccepted selling orderes at any time.

Filling an existing order to sell

Login and click: “list of demands”. Choose your desired share demand and click "sell”. You then have the option to check your order and confirm. You will receive an E-Mail with further instructions on processing the trade.

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Share - Trading procedure

Contracts

To conclude the sale, the seller must complete two purchase contracts immediately and send the originals  to the buyer within two working days.

Payment

Payment takes place to the account number given by the seller on the purchase contract. The first Traderoom user to click "buy” or "sell” is the trade partner.

Duration

The seller will implement payment within eight days after the receipt of the purchase contracts. The original release of the purchase contract remains with the buyer. The second release and payment confirmation must be sent to WEB Windenergie AG, Davidstrasse 1, A-3834 Pfaffenschlag. This documentation allows us to  process the transfer in the shareholder register.

Confirmation

The seller receives a confirmation from WEB Windenergie AG regarding the receipt of the purchase contract and the payment confirmation. Once the confirmation received, the seller may inform WEB Windenergie AG within three working days if the payment has been not received.

Provided that after the deadline, the seller will not object and the buyer will receive confirmation of the share transfer in the stock register by WEB Windenergie AG.

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Bonds - Guidelines for the Buyer

Binding nature

With regards to bonds, it is important to note, that selling or purchasing of these instruments is exclusive to the Third Market of the Vienna Stock Exchange. To participate in trading, please contact your depositary bank to help you facilitate the access to this market. WEB Windenergie AG does not assume liability or guarantee that the bonds offered in the Traderoom are owned by the user or will be bought from potentially interested parties.

Placing a purchase order

An order to buy (a) bond(s) can placed online in the following manner:

Please click to: “Request bonds” and choose the type of bond, you want to buy. Also, state the number of bonds in the field “Quantity” and the unit price / the period of validity in “Expires in”. After reading and accepting the terms of use, click "Continue”. Here you have the possibility to check your purchase order and confirm. Your purchase order will unlock for the Traderoom automatically.

Validity period

An unaccepted order to buy automatically runs out after the validity periodes. The maximum period of validity of purchase order is 14 days, ending at midnight on the last day of the validity period.

The user retains the option to delete unaccepted purchase order at any time.

Filling an existing order to buy

Login and click: “list of offer”. Choose your desired bond offer and click "interest”. You will then receive the data of the user to contact and declare payment processing.

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Bonds – Guidelines for the Seller

Binding nature

With regards to bonds, it is important to note, that selling or purchasing of these instruments is exclusive to the Third Market of the Vienna Stock Exchange. To participate in trading, please contact your depositary bank to help you facilitate the access to this market. WEB Windenergie AG does not assume liability or guarantee that the bonds offered in the Traderoom are owned by the user or will be bought from potentially interested parties.

Placing a selling order

An order to sell (a) bond(s) can placed online in the following manner:

Login and click: “Offer bond” and choose the type of bond, you want to sell. Also, state the number of bonds in the field “Quantity” and the unit price / the period of validity in “Expires in”. After reading and accepting the terms of use, click "Continue”. You now have the option to check your selling order again and confirm.

Validity period

An unaccepted order to sell automatically runs out after the validity periodes. The maximum period of validity of selling order is 14 days, ending at midnight on the last day of the validity period.

The user retains the option to delete unaccepted selling order at any time.

Filling an existing order to sell

Login and click: “List of demand”. Choose your desired bond demand and click "interest”. You will then receive the data of the user to contact and declare payment processing.

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Bonds – Trading procedure

Settlement

Selling and buying W.E.B bonds is only possible on the third market of the Vienna Stock Exchange (Wiener Börse).

When settling the trade, you must contact your depositary bank for processing, selling/buying bonds at the third market of the Vienna Stock Exchange (Wiener Börse). You must provide your bank with following information:

  1. Portfolio number
  2. ISIN number
  3. Unit price / total price (please note to retain a limit order)
  4. Validity of your order – for a working trade at the third market of the Vienna Stock Exchange (Wiener Börse) we propose you to choose validity of ultimo or next ultimo (depends on which date you trade). If you are unable to instruct your bank until the 3rd working day, please contact the buyer/seller to arrange further proceedings.
  5. personal data of your businesspartner

After receipt of seller / buyer’s contact details, your offer / demand will be deleted from the Traderoom-list. If the trade falls through, you will have to enter a new one.

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date of issue 06.06.2013