ADR programme
Trading Code:
CUSIP:
US Exchange:
DR:
1: |
LBYGY
53055R103
OTC
Underlying Share Ratio
1 |
What is an American Depositary Receipt (ADR)?
An ADR is a negotiable US certificate representing ownership of shares in non-US corporations. ADR's are quoted and traded in US dollars in the US securities market and dividends are paid to investor in US dollars. ADR's were specifically designed to facilitate the purchase, holding and sale of non-US securities by US investors and to provide a corporate finance vehicle for non-US companies.
Full document on ADR Programme
