Examples of ADS Depositary in a sentence
HTIL ADS Holders will be required to pay the HTIL ADS Depositary a cancellation fee of US$5.00 per 100 HTIL ADSs cancelled in connection with the cancellation of their HTIL ADSs and distribution of the proceeds received by the HTIL ADS Depositary, which amount will be deducted from any distribution of proceeds.
However, the issuance of the ADSs by the ADS Depositary may be delayed until the depositary bank or the custodian receives confirmation that all required approvals have been given and that the Common Shares have been duly transferred to the custodian and that all applicable depositary fees and payments have been paid to the ADS Depositary.
In order to cancel your HTIL ADSs and withdraw the underlying HTIL Shares, you should contact the HTIL ADS Depositary at Citibank Shareholder Services, 111 Wall Street, New York, NY 10043, United States, or by phone at 1-877-CITI-ADR (toll free) or outside the US at 1-781-575-4555.
In order to exchange your ADSs and withdraw the underlying Scheme Shares, you should contact the ADS Depositary at The Bank of New York, 101 Barclay Street, 22nd Floor West, New York, NY 10286, United States.
Upon receipt, the ADS Depositary will convert such funds into US dollars at the then prevailing spot market rate.