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Upcoming spin-off by Bankinter SA

We want to notify you about Bankinter SA’s spin-off scheduled for 29/04/2021. It will result in the establishment of Linea Directa Aseguradora as a new legal entity.

Since JFD does not currently offer for trading the new entity’s shares, we will not allocate the applicable number of new shares to all clients who will be holding open positions on Bankinter’s shares until the market close on 28/04/2021. Instead, once we receive the new allocated shares, we will sell them at the first available price and transfer their monetary equivalent to the live trading accounts of the respective clients according to the size of their open positions.

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