New ADRs definition

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

Examples of New ADRs in a sentence

  • The Consolidation Letter of Transmittal will enable you to surrender your Existing ADRs and to designate a delivery address for a Direct Registration Transaction Advice indicating your ownership of New ADRs, dividend payments and proceeds from the sale of fractional entitlements, if any.

  • Your Existing ADRs will be automatically exchanged for New ADRs and you will receive a Direct Registration Transaction Advice indicating your ownership of New ADRs. Further, you should expect to receive during the week of August 22, 2005 (without the need to take any further action) a U.S. dollar check representing the net proceeds from the sale of fractional entitlements to New ADRs, if any.

  • SECTION 5.01 New ADRs. From and after the Effective Date, the Depositary shall arrange to have new ADRs printed or amended that reflect the changes to the form of ADR effected by this Amendment.

  • 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.

  • Distributions (including the Return of Cash and the net proceeds from the sale of fractional entitlements) and mailings (including mailings in respect of vote solicitation) with respect to New ADRs will be withheld until your Existing ADRs have been exchanged for New ADRs. Existing ADRs in certificated form that are not surrendered to the Tender Agent will escheat according to applicable U.S. law (together with all entitlements received by the Tender Agent in respect thereof).

  • The Share Capital Consolidation will apply in equal proportion to all U.S. Shareholders and ADR Holders with the result that, while you will own fewer New Ordinary Shares or New ADRs, as the case may be, than you did immediately prior to the Share Capital Consolidation, you will still own the same proportion of the Company as you did before, subject to any fractional entitlements.

  • The Existing ADRs you hold on July 29, 2005 will be exchanged for New ADRs without the need for further action by you.

  • Provided that you deliver the properly completed Consolidation Letter of Transmittal and Existing ADRs to the Tender Agent at the applicable address, New ADRs in the Direct Registration System and payments in U.S. dollars for the dividend and from the sale of fractional entitlements, if any, will be distributed to you promptly after receipt thereof.

  • 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.

  • ADR Holders will receive approximately 0.88 New ADRs for each Existing ADR owned as of 5:00 p.m. (New York City time) on July 29, 2005.

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;

  • Capacity Resource Clearing Price means the price calculated for a Capacity Resource that offered and cleared in a Base Residual Auction or Incremental Auction, in accordance with Tariff, Attachment DD, section 5.

  • 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 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;

  • Book-Entry Note 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 Share has the meaning set forth in Section 2.01(c).

  • Uncertificated Warrant means any Warrant which is not a Certificated Warrant;

  • certificated means, in relation to a share, a share which is not in uncertificated form;

  • Book-Entry Preferred Security means a Preferred Security, the ownership and transfers of which shall be made through book entries by a Depositary.

  • Non Book-Entry Preferred Securities shall have the meaning set forth in Section 2.4.

  • uncertificated proxy instruction means an instruction or notification sent by means of a relevant system and received by such participant in that system acting on behalf of the Company as the board may prescribe, in such form and subject to such terms and conditions as may from time to time be prescribed by the board (subject always to the facilities and requirements of the relevant system concerned);