American Depositary Receipt
American Depositary Receipts (ADR) are negotiable U.S. certificates denominated in U.S. dollars and issued by an U.S. depositary bank that represent a certain number of deposited shares of a non-U.S. company and are traded on the U.S. securities market.
Vienna Insurance Group, in cooperation with BNY Mellon as depositary bank, has set up a Sponsored Level I ADR-Programme. For several years now, the Group has had a significant investor base in the U.S. With the sponsored ADR programme Vienna Insurance Group is making a clear commitment to investors in the United States, who are looking to benefit from an investment in a leading CEE insurance company.
The ADRs of the Vienna Insurance Group are traded over the counter (OTC) under the symbol VNRFY in U.S. dollars. Five ADRs represent one VIG share.
|Depositary Bank||BNY Mellon|
|ADR Ratio||5 ADRs = 1 VIG share|
|Effective Date||27 April 2011|