Euroclear is pleased to announce that, following approval by the UK High Court on 16 November, the Transfer Scheme to move the legal seat of the holding company from the UK to Belgium became effective on 19 November. By completing this reorganisation, Euroclear has guaranteed that its seat remains located inside the European Union.
Each share in Euroclear plc was exchanged for an equivalent share in Euroclear Holding SA, our new Belgian holding company.
Euroclear remains firmly committed to the UK. There is no business impact on day-to-day operations or jobs as a result of the reorganisation.