New ADRs definition

New ADRs means ADRs in existence following the Capital Reorganisation;
Sample 1

Examples of New ADRs in a sentence

  • Your Existing ADRs will automatically be exchanged for New ADRs and an appropriate notice will be provided to you and/or notation made on your account statement.

  • The Share Capital Consolidation will be carried out by subdividing and consolidating each Existing Ordinary Share and Existing ADR which will result in New Ordinary Shares and New ADRs being issued.

  • A U.S. Holder will be eligible for this reduced rate only if it has held the Existing Ordinary Shares or the Existing ADRs and/or (presumably, although there is no authority) the New Ordinary Shares or New ADRs for more than 60 days during the 121-day period beginning 60 days before the ex-dividend date.

  • Further, you should expect to receive during the week of August 22, 2005 (without the need to take any further action) book-entry credits representing the net proceeds from the sale of fractional entitlements to New ADRs, if any.

  • In addition, the New Ordinary Shares and New ADRs will carry the same voting rights, dividend rights and other rights as the Existing Ordinary Shares and Existing ADRs did immediately prior to the Share Capital Consolidation.

  • Holders of Existing ADRs: If you hold your Existing ADRs in certificated form, you must return a completed Share Consolidation Letter of Transmittal to the Depositary accompanied by any Existing ADR certificates held by you in order to be credited with New ADRs. Once a completed Share Consolidation Letter of Transmittal has been returned with your Existing ADR certificates, you will automatically become a Direct Registration System participant.

  • However, if you hold certificated Existing ADRs, you must return your ADRs and a completed Letter of Election and Transmittal to receive your £3.25 per ADR and to receive your New ADRs following the Share Capital Consolidation as described below.

  • New ADRs will be credited to the Agent Institution during the week of August 8, 2005.

  • As a result, if a holding of Existing ADRs does not divide exactly by 8, a fractional entitlement to New ADRs will arise.

  • This means that for every 8 Existing Shares that you own at 9.30 p.m. on 28 July 2006 you will receive 7 New Shares in place of your Existing Shares and 8 B Shares of 15 pence each, and for every 8 Existing ADRs that you own at 4.30p.m. (New York City time) on 28 July 2006 you will receive 7 New ADRs in place of your Existing ADRs and 80 B Shares of 15 pence each.

Related to New ADRs

  • Restricted ADR(s) “Restricted ADS(s)” and “Restricted Shares” shall have the respective meanings set forth in Section 2.14.

  • Certificated ADS(s) shall have the meaning set forth in Section 2.13.

  • Full Entitlement ADR(s) “Full Entitlement ADS(s)” and “Full Entitlement Share(s)” shall have the respective meanings set forth in Section 2.12.

  • Uncertificated ADS(s) shall have the meaning set forth in Section 2.13.

  • Direct Registration ADR means an ADR, the ownership of which is recorded on the Direct Registration System. References to "ADRs" shall include certificated ADRs and Direct Registration ADRs, unless the context otherwise requires. The form of ADR is hereby incorporated herein and made a part hereof; the provisions of the form of ADR shall be binding upon the parties hereto.

  • ADRs and “Receipt(s)” shall mean the certificate(s) issued by the Depositary to evidence the American Depositary Shares issued under the terms of the Deposit Agreement in the form of Certificated ADS(s) (as hereinafter defined), as such ADRs may be amended from time to time in accordance with the provisions of the Deposit Agreement. An ADR may evidence any number of ADSs and may, in the case of ADSs held through a central depository such as DTC, be in the form of a “Balance Certificate.”

  • GDRs means Global Depositary Receipts;

  • Restricted ADS(s) and “Restricted Shares” shall have the respective meanings set forth in Section 2.14.

  • Partial Entitlement ADR(s) “Partial Entitlement ADS(s)” and “Partial Entitlement Share(s)” shall have the respective meanings set forth in Section 2.12.

  • DRS shall have the meaning given to such term under the HIPAA Privacy Rule in 45 34 CFR § 164.501.

  • uncertificated share means a share of a class which is at the relevant time a participating class, title to which is recorded on the register as being held in uncertificated form and references in these articles to a share being held in uncertificated form shall be construed accordingly;

  • European Clearing Systems means, collectively, Clearstream, Luxembourg and Euroclear.

  • certificated share means a share which is not an uncertificated share and references in these articles to a share being held in certificated form shall be construed accordingly;

  • Order Book means the trading system or platform operated by BSEF in which all market participants in the trading system or platform have the ability to enter multiple bids and offers, observe or receive bids and offers entered by other market participants, and transact on such bids and offers. A Participant must indicate if a bid or offer posted on an Order Book is firm or indicative.

  • ADS means an American Depositary Share representing Class A Ordinary Shares;

  • Book-Entry Notes means a beneficial interest in the Notes, ownership and transfers of which shall be made through book entries by a Clearing Agency as described in Section 2.10 of the Indenture.

  • Book-Entry Rules The provisions from time to time in effect, currently contained in Title 24, Part 81, Subpart H of the Code of Federal Regulations, setting forth the terms and conditions under which Xxxxxxx Mac may issue securities on the book-entry system of the Federal Reserve Banks and authorizing a Federal Reserve Bank to act as its agent in connection with such securities. Business Day: A day other than (i) a Saturday or Sunday and (ii) a day when the Federal Reserve Bank of New York (or other agent acting as Xxxxxxx Mac’s fiscal agent) is closed or, as to any Holder, a day when the Federal Reserve Bank that maintains the Holder’s account is closed.

  • Book Entry Warrants means Warrants that are to be held only by or on behalf of the Depository;

  • CDS Global Warrants means Warrants representing all or a portion of the aggregate number of Warrants issued in the name of the Depository represented by an Uncertificated Warrant, or if requested by the Depository or the Corporation, by a Warrant Certificate;