The administrative or management body of the company being divided shall draw up the draft terms of a cross-border division. The draft terms of a cross-border division shall include at least the following particulars:
(a) the legal form and name of the company being divided and the location of its registered office, and the legal form and name proposed for the new company or companies resulting from the cross-border division and the proposed location of their registered offices;
(b) the ratio applicable to the exchange of securities or shares representing the companies' capital and the amount of any cash payment, where appropriate;
(c) the terms for the allotment of securities or shares representing the capital of the recipient companies or of the company being divided;
(d) the proposed indicative timetable for the cross-border division;
(e) the likely repercussions of the cross-border division on employment;
(f) the date from which the holding of securities or shares representing the
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