Risks and information

We think it is important that you are aware of the risks of investing in greenSand. Investing can yield returns, but investments can also lose value and you can lose your investment. It is also possible that you are temporarily unable to sell the certificates. Therefore, only invest with money that you can miss and always keep enough savings for unexpected expenses. After the characteristics of greenSand you can read more about the risks of investments and depositary receipts.

Features of greenSand Depositary Receipts
• The fund is shaped by certification of shares by greenSand Stock N.V. and contributed to the STAK (Stichting Administratiekantoor).
• The STAK issues Registered Depositary Receipts of Shares with a nominal value of €0.01 euro.
• The depositary receipts for shares are certified, have no voting rights.
• The share certificates are negotiable. There will be a trading system/platform for that in the future. Until then, transactions go through the office of greenSand.
greenSand does not buy back depositary receipts itself, but assists in the mutual sale of depository receipts.

Download the prospectus

Risks of investing in <tc>greenSand</tc>

Market

The market value of depositary receipts for shares is largely dependent on market conditions and the (macro) economic developments that determine market conditions. These market conditions may improve or deteriorate, the number of greenSand projects may decrease or competition may increase. The availability of the number of large-scale projects from the government and companies influences the market. If the number of projects falls here, the market risk increases.

Liquidity risk

There is liquidity risk when certain investments are difficult to buy or sell. This can hinder the return on the invested shares because it prevents the company from executing the trades at the favorable times. greenSand does not buy back shares.

Bankruptcy

If greenSand goes bankrupt, the value of the depositary receipts for shares decreases to €0. As a result, you lose the deposit of your investment and the depositary receipts for shares expire. In the event of bankruptcy, the depositary receipts for shares will be reimbursed last through the sale of the company's assets. Other stakeholders in the company are paid first, if there is still money available, this is divided equally among all certificate holders.

Laws and regulations

greenSand Stock N.V. is subject to (tax) laws and regulations. The local legislation with regard to the environment, zoning plans, tax regulations and financial (supervision) laws and regulations affect the profitability of certificates greenSand Stock N.V. The risk consists of changes in legislation and regulations that adversely affect greenSand . Using greenSand in the optimal form to bind CO2 by scattering it over large areas of land and water can lead to regulations that cannot be foreseen how they will affect the forecast.

Dividend

At the time of issuance, the ambition of greenSand was set at a 3-5% return based on sales. However, the amount of the dividend is completely dependent on the sales and the number of depositary receipt holders. The return increases when our sales increase. But the return decreases when the number of certificate holders increases. However, the dividend policy can be adjusted and set lower or at zero/nil if the financial situation of greenSand so requires.

negotiability

greenSand does not repurchase any share certificates. You should therefore take into account that the tradability of the certificates is low. If you still want to sell your certificates, you can contact us via info@greenSand.nl

Depositary receipts for shares are offered on the trading platform Eyevestor. From July 2023, share certificates can be traded via the Eyevestor platform.

Belegging disclaimer

Investing in the future

When you invest in greenSand you make a positive contribution to the well-being of people and the environment. Your investment is an important part of the impact greenSand makes on the climate. Not only do you receive a financial return, but you also create a green return for the future of our planet.

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