SAS Shareholder Program Benefits and Discussions
Aug 24, 2020, 5:06 am
#46
Moderator: Lufthansa Miles & More, India based airlines, India, External Miles & Points Resources
Join Date: Dec 2002
Location: MUC
Programs: LH SEN
Posts: 48,161
The current description of the programme can be found here: https://www.sasgroup.net/investor-re...older-service/
Sep 5, 2020, 1:29 pm
#47
Join Date: Jan 2012
Location: Koala Lemur
Programs: SK EBD LTG (*G)
Posts: 2,447
I would say that if your going to buy some SAS stock, wait till the issuance of the new shares. There is a stipulation in the bailout of SAS by Denmark and Sweden that they will have to issue new shares and convert their debts. The market might have prices it in already but you don't want to be in a position where you instantly get diluted.
Sep 5, 2020, 10:06 pm
#48
Join Date: Nov 2014
Location: CPH, Swedish side of the bridge
Programs: SK*G (EBD)
Posts: 574
Depending how good your Swedish (or your willingness to Google translate) is, you can keep up with info on SAS at the link below. Everything you need is in the tabbed pink box beneath the graph.
https://www.avanza.se/aktier/om-aktien.html/5535/sas
https://www.avanza.se/aktier/om-aktien.html/5535/sas
Sep 6, 2020, 8:34 am
#49
Moderator: Lufthansa Miles & More, India based airlines, India, External Miles & Points Resources
Join Date: Dec 2002
Location: MUC
Programs: LH SEN
Posts: 48,161
https://www.reuters.com/companies/SA...y-developments
Reuters in English
I hold 500 shares of SAS ... need to investigate how I can access the shareholders website from Germany...
Reuters in English
I hold 500 shares of SAS ... need to investigate how I can access the shareholders website from Germany...
Sep 6, 2020, 4:13 pm
#50
Moderator: SAS
Join Date: Feb 2018
Location: BLL & CPH & ZRH
Programs: LX, SK EBD (*G)
Posts: 3,151
https://www.reuters.com/companies/SA...y-developments
Reuters in English
I hold 500 shares of SAS ... need to investigate how I can access the shareholders website from Germany...
Reuters in English
I hold 500 shares of SAS ... need to investigate how I can access the shareholders website from Germany...
Oct 14, 2020, 9:30 am
#52
Moderator: SAS
Join Date: Feb 2018
Location: BLL & CPH & ZRH
Programs: LX, SK EBD (*G)
Posts: 3,151
SAS shareholders will receive Eurobonus Status and Benefits
With the current increase in SK shares new benefits will be introduced:
After the capital increase a share will approx. be valued at 1.16 Swedish krona.
Friends and Family Benefits: 4000 Shares (~5100 krona)
EB Gold: 100'000 shares (~127'000 krona)
EB Diamond: 1'000'000 shares (~1'270'000 krona)
Residence in Sweden/Norway/Denmark is required.
More information here: https://www.sasgroup.net/investor-re...older-program/
Q&A: https://www.sasgroup.net/investor-re...s-and-answers/
Exact terms: https://www.sasgroup.net/investor-re...rivacy-policy/
After the capital increase a share will approx. be valued at 1.16 Swedish krona.
Friends and Family Benefits: 4000 Shares (~5100 krona)
EB Gold: 100'000 shares (~127'000 krona)
EB Diamond: 1'000'000 shares (~1'270'000 krona)
Residence in Sweden/Norway/Denmark is required.
More information here: https://www.sasgroup.net/investor-re...older-program/
Q&A: https://www.sasgroup.net/investor-re...s-and-answers/
Exact terms: https://www.sasgroup.net/investor-re...rivacy-policy/
Last edited by Nick Art; Oct 14, 2020 at 10:57 am
Oct 14, 2020, 10:29 am
#53
Suspended
Join Date: Jul 2001
Location: Watchlisted by the prejudiced, en route to purgatory
Programs: Just Say No to Fleecing and Blacklisting
Posts: 102,095
More here on this: https://news.cision.com/sas/r/sas-la...ogram,c3215497
What are the particulars for how long/when the shares have to be registered as held to trigger the EBG/EBD status benefit; and for how long does the status benefit last after selling the shares? Other than knowing that you to have the shares registered for the person by November 30th, I am curious how this works.
I guess it may be time to look into how the call and put options market for SAS shares can be played if needing to hold the shares for a longer period of time than desirable, given SAS's financial fragility.
More info being learned here: https://www.sasgroup.net/investor-re...holder-program
With the current increase in SK shares new benefits will be introduced:
After the capital increase a share will approx. be valued at 1.16 Swedish krona.
Friends and Family Benefits: 4000 Shares (~5100 krona)
EB Gold: 100'000 shares (~127'000 krona)
EB Diamond: 1'000'000 shares (~1'270'000 krona)
Residence in Sweden/Norway/Denmark is required.
After the capital increase a share will approx. be valued at 1.16 Swedish krona.
Friends and Family Benefits: 4000 Shares (~5100 krona)
EB Gold: 100'000 shares (~127'000 krona)
EB Diamond: 1'000'000 shares (~1'270'000 krona)
Residence in Sweden/Norway/Denmark is required.
I guess it may be time to look into how the call and put options market for SAS shares can be played if needing to hold the shares for a longer period of time than desirable, given SAS's financial fragility.
More info being learned here: https://www.sasgroup.net/investor-re...holder-program
Last edited by GUWonder; Oct 14, 2020 at 10:36 am
Oct 14, 2020, 10:55 am
#54
Moderator: SAS
Join Date: Feb 2018
Location: BLL & CPH & ZRH
Programs: LX, SK EBD (*G)
Posts: 3,151
More information here: https://www.sasgroup.net/investor-re...older-program/
Q&A: https://www.sasgroup.net/investor-re...s-and-answers/
Exact terms: https://www.sasgroup.net/investor-re...rivacy-policy/
The "qualifying date" is Nov 30 each year. Benefits will be available for one year, to qualify this year you'll have to own the shares by Nov. 30th. To qualify next year you'll have to own the shares for a year before this date.
Afaik the status will be given to you on Apr. 1 and it will be valid for one year + 3 months (or longer if you "requalify" by owning shares the next year.). But you can't just quickly buy shares to get the benefits for a year as in the future it'll be required to have owned the shares a full year before the Nov 30 date.
Shareholder EBG is not qualifying for LTG.
Q&A: https://www.sasgroup.net/investor-re...s-and-answers/
Exact terms: https://www.sasgroup.net/investor-re...rivacy-policy/
The "qualifying date" is Nov 30 each year. Benefits will be available for one year, to qualify this year you'll have to own the shares by Nov. 30th. To qualify next year you'll have to own the shares for a year before this date.
Afaik the status will be given to you on Apr. 1 and it will be valid for one year + 3 months (or longer if you "requalify" by owning shares the next year.). But you can't just quickly buy shares to get the benefits for a year as in the future it'll be required to have owned the shares a full year before the Nov 30 date.
Shareholder EBG is not qualifying for LTG.
Oct 14, 2020, 11:05 am
#55
Suspended
Join Date: Jul 2001
Location: Watchlisted by the prejudiced, en route to purgatory
Programs: Just Say No to Fleecing and Blacklisting
Posts: 102,095
More information here: https://www.sasgroup.net/investor-re...older-program/
Q&A: https://www.sasgroup.net/investor-re...s-and-answers/
Exact terms: https://www.sasgroup.net/investor-re...rivacy-policy/
The "qualifying date" is Nov 30 each year. Benefits will be available for one year, to qualify this year you'll have to own the shares by Nov. 30th. To qualify next year you'll have to own the shares for a year before this date.
Afaik the status will be given to you on Apr. 1 and it will be valid for one year + 3 months (or longer if you "requalify" by owning shares the next year.). But you can't just quickly buy shares to get the benefits for a year as in the future it'll be required to have owned the shares a full year before the Nov 30 date.
Shareholder EBG is not qualifying for LTG.
Q&A: https://www.sasgroup.net/investor-re...s-and-answers/
Exact terms: https://www.sasgroup.net/investor-re...rivacy-policy/
The "qualifying date" is Nov 30 each year. Benefits will be available for one year, to qualify this year you'll have to own the shares by Nov. 30th. To qualify next year you'll have to own the shares for a year before this date.
Afaik the status will be given to you on Apr. 1 and it will be valid for one year + 3 months (or longer if you "requalify" by owning shares the next year.). But you can't just quickly buy shares to get the benefits for a year as in the future it'll be required to have owned the shares a full year before the Nov 30 date.
Shareholder EBG is not qualifying for LTG.
Oct 14, 2020, 12:16 pm
#56
Moderator: SAS
Join Date: Feb 2018
Location: BLL & CPH & ZRH
Programs: LX, SK EBD (*G)
Posts: 3,151
Oct 14, 2020, 1:01 pm
#57
Join Date: May 2017
Posts: 2,016
Note that there is a delay of two business days when buying and selling shares in the Nordics. If you buy on Monday, then shares and money change hands on Wednesday. Note that there are SAS forward contracts on the Swedish market, in case you prefer that instead of options.
It seems that you need to log in to provide your Eurobonus number in order to use the benefit.
It says that your contract partner is SAS AB (556606-8499), but the Eurobonus programme is owned by Scandinavian Airlines System Denmark-Norway-Sweden (902001-7720). They should not be mixed up with Scandinavian Airlines System AB (556045-9868). All three of them are registered at the same address.
It seems that you need to log in to provide your Eurobonus number in order to use the benefit.
It says that your contract partner is SAS AB (556606-8499), but the Eurobonus programme is owned by Scandinavian Airlines System Denmark-Norway-Sweden (902001-7720). They should not be mixed up with Scandinavian Airlines System AB (556045-9868). All three of them are registered at the same address.
Oct 16, 2020, 8:51 am
#59
FlyerTalk Evangelist
Join Date: Nov 2004
Location: Denmark
Programs: TK Elite
Posts: 11,836
Oct 16, 2020, 9:13 am
#60
Suspended
Join Date: Jul 2001
Location: Watchlisted by the prejudiced, en route to purgatory
Programs: Just Say No to Fleecing and Blacklisting
Posts: 102,095
It seems like doing the EBD shareholder thing doesn't come with being able to hand out EBG the way those who earn EBD by flying can do. If it came with being able to hand out EBG, it would be a better deal.