CREST definition

CREST means the system for the paperless settlement of trades in securities and the holding of uncertificated securities operated by Euroclear UK & Ireland Limited in accordance with the Uncertificated Securities Regulations 2001 (SI 2001 No. 3755), as amended from time to time, or any successor thereto.
CREST means the relevant system (as defined in the CREST Regulations) in respect of which Euroclear UK & Ireland Limited is the Operator (as defined in the CREST Regulations);

Examples of CREST in a sentence

  • In addition, entitlements to Brand Architekts Shares held within CREST will be cancelled.

  • The timetable for (i) the issuance of the New Warpaint Shares, (ii) the crediting of CREST accounts of Eligible Brand Architekts Shareholders who have validly elected for the Alternative Share Offer and who hold their Brand Architekts Shares in uncertificated form, and (iii) the despatch of share certificates in respect of New Warpaint Shares who have validly elected for the Alternative Share Offer and who hold their Brand Architekts Shares in certificated form, will be set out in the Scheme Document.


More Definitions of CREST

CREST means the highest point on the side of a dry gulch or cut bank.
CREST means the system of paperless settlement of transfers and the holding of securities in Uncertificated Form administered by Euroclear UK & Ireland Limited
CREST means the relevant system, as defined in the CREST Regulations, or any successor clearing system.
CREST means the relevant system (as defined in the Regulations) in respect of which Euroclear is the operator (as defined in the Regulations) in accordance with which securities may be held or transferred in uncertificated form
CREST means the electronic settlement system for securities traded on a recognised investment exchange and owned by Euroclear UK & Ireland Limited, or any similar system;
CREST means the relevant system operated by Euroclear UK & Ireland Limited in terms of the Regulations, which enables title to shares or other securities to be evidenced and transferred without a written instrument;
CREST the relevant system (as defined in the Regulations) in respect of which Euroclear is the operator (as defined in CREST);