ADRs are securities issued for the purpose of trading in the U.S. in place of the underlying stock of foreign companies. As ADRs are registered with the SEC as U.S. securities, they are traded, settled and held in custody in substantively the same manner as the stocks of U.S. companies. ADR is an acronym for American Depositary Receipts.
- 1. Type of ADR Program: Sponsored Level 1 Program (*)
- 2. Conversion ratio: 100 ADR=1 common shares
- 3. U.S. Security Code (CUSIP): 00436B109
- 4. Ticker Symbol: ACGFY
- 5. Depositary bank: Deutsche Bank Trust Company Americas
- 6. Local custodian bank: Sumitomo Mitsui Banking Corp.
*For sponsored ADRs, the company issuing the underlying stock enters into a deposit agreement with a specific depositary bank, and ADRs are issued by the depositary bank once the issuer, depositary bank and investor rights and obligations have been clarified. Sponsored ADR Programs are divided into Levels 1, 2 or 3 depending on whether the issuance or sale of new stock is involved and the level of disclosure the company is obligated to provide. Under a Level 1 program, ADRs may be issued and over-the-counter without being accompanied by the issuance or sale of new stock, and the issuer of the underlying stock is required to disclose information in a similar manner as U.S. listed companies.
Details of Accordia Golf`s ADR price.
Refer to ADR price information operated by external ADR price information websites.
The Company is not responsible for the information contained on these websites.
