Depositary receipts

Fix Price confirms intention to float on Main Market of London Stock Exchange

Retrieved on: 
Monday, February 22, 2021
Finance, Depositary receipts, Financial services, Money, Banking, Global depository receipt, London Stock Exchange, Financial market, Fix Price

Fix Price confirms its intention to apply for admission of global depositary receipts representing its ordinary shares (the "GDRs") to the standard listing segment of the Official List of the FCA and to trading on the London Stock Exchange's main market for listed securities ("LSE Admission") and on Moscow Exchange (together, "Admission").

Key Points: 
  • Fix Price confirms its intention to apply for admission of global depositary receipts representing its ordinary shares (the "GDRs") to the standard listing segment of the Official List of the FCA and to trading on the London Stock Exchange's main market for listed securities ("LSE Admission") and on Moscow Exchange (together, "Admission").
  • "We are pleased to confirm our previously announced intention to proceed with the IPO of Fix Price.
  • In the Russian variety value retail market, Fix Price is the leader both by number of stores and revenue.
  • Fix Price believes that the standardisation of its stores drives value, convenience and a great experience for Fix Price customers.

HMS Group: Rub 2.3 BN contract to deliver mobile compressor units

Retrieved on: 
Saturday, February 20, 2021
Depositary receipts, Financial services, HMS Group, Finance, London Stock Exchange, Global depository receipt, Money

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • (the "Company", and together with its subsidiaries, the "HMS Group")
    HMS Group announces today that it has signed a Rub 2.3 billion contract within a long-term framework agreement to manufacture mobile compressor units.
  • HMS Group's products are mission-critical elements of projects across a diverse range of industries.
  • HMS has a listing on the London Stock Exchange in the form of global depositary receipts (LSE: HMSG).

HMS Group: Results of BoD Meeting

Retrieved on: 
Wednesday, February 17, 2021
Financial markets, Finance, Money, Depositary receipts, Equity securities, Economy of London, Stock market, London Stock Exchange, HMS Group, Global depository receipt, Stock

HMS Group (LSE: HMSG) announces the results of the Company's Board of Directors meeting held through a videoconference call on February 17, 2021.

Key Points: 
  • HMS Group (LSE: HMSG) announces the results of the Company's Board of Directors meeting held through a videoconference call on February 17, 2021.
  • All of the Company's Directors were present at the Meeting.
  • HMS Group's products are mission-critical elements of projects across a diverse range of industries.
  • HMS has a listing on the London Stock Exchange in the form of global depositary receipts (LSE: HMSG).

Norsk Hydro: Close Associate of Primary insider purchases ADRs

Retrieved on: 
Wednesday, February 17, 2021
Financial markets, Depositary receipts, American depositary receipt, Finance, OTC Markets Group, Norsk Hydro, Hydro, Financial economics

Cynthia Kukielski Spousal Trust, a Close Associate of Director of the Board of Directors in Norsk Hydro, Peter Kukielski, has on February 16, 2021 at 19:49 CET purchased 1,000 American Depositary Receipts (ADRs) in Hydro at USD 5.01 per ADR and 2,000 ADRs in Hydro at USD 5.02 per ADR.

Key Points: 
  • Cynthia Kukielski Spousal Trust, a Close Associate of Director of the Board of Directors in Norsk Hydro, Peter Kukielski, has on February 16, 2021 at 19:49 CET purchased 1,000 American Depositary Receipts (ADRs) in Hydro at USD 5.01 per ADR and 2,000 ADRs in Hydro at USD 5.02 per ADR.
  • New holding is 3,000 ADRs.
  • The ADRs were purchased on OTCQX.

Wells Fargo & Company Announces Full Redemptions of its Series P and Series W Preferred Stock and Related Depositary Shares

Retrieved on: 
Wednesday, February 10, 2021
Banking, Professional services, Finance, Financial markets, Finance, Financial economics, Equity securities, Stock market, Corporate finance, Preferred stock, Depositary receipts, Stock, Dividend, American depositary receipt

The redemption of the Redeemed Series P Preferred Shares will trigger the redemption of the 25,000,000 shares of the related depositary shares (the Redeemed Series P Depositary Shares), each representing a 1/1,000 interest in a share of Series P Preferred Stock (the Series P Depositary Shares) (NYSE: WFC.PRP).

Key Points: 
  • The redemption of the Redeemed Series P Preferred Shares will trigger the redemption of the 25,000,000 shares of the related depositary shares (the Redeemed Series P Depositary Shares), each representing a 1/1,000 interest in a share of Series P Preferred Stock (the Series P Depositary Shares) (NYSE: WFC.PRP).
  • The redemption of the Redeemed Series W Preferred Shares will trigger the redemption of the 40,000,000 shares of the related depositary shares (the Redeemed Series W Depositary Shares), each representing a 1/1,000 interest in a share of Series W Preferred Stock (the Series W Depositary Shares) (NYSE: WFC.PRW).
  • Because the redemption date is also a dividend payment date for the Series P Preferred Stock, the Series P Depositary Shares, the Series W Preferred Stock, and the Series W Depositary Shares, the redemption prices noted herein do not include declared and unpaid dividends.
  • All regulatory requirements relating to the redemption of the Redeemed Series P Preferred Shares, Redeemed Series P Depositary Shares, Redeemed Series W Preferred Shares, and Redeemed Series W Depositary Shares have been satisfied by Wells Fargo & Company.

First Republic Bank Issues Notice of Redemption of Series G Preferred Shares

Retrieved on: 
Monday, February 8, 2021
Banking, Professional services, Finance, Financial markets, Finance, Equity securities, Financial economics, Stock market, Corporate finance, Depositary receipts, Preferred stock, Stock, Dividend, American depositary receipt, Global depository receipt

First Republic Bank (First Republic) (NYSE: FRC), a leading private bank and wealth management company, today announced it is calling for redemption of all of the outstanding depositary shares (the Series G Depositary Shares) relating to its 5.50% Noncumulative Perpetual Series G Preferred Stock (the Series G Preferred Stock).

Key Points: 
  • First Republic Bank (First Republic) (NYSE: FRC), a leading private bank and wealth management company, today announced it is calling for redemption of all of the outstanding depositary shares (the Series G Depositary Shares) relating to its 5.50% Noncumulative Perpetual Series G Preferred Stock (the Series G Preferred Stock).
  • There are currently 6,000,000 issued and outstanding Series G Depositary Shares, each representing a 1/40th interest in a share of Series G Preferred Stock (NYSE: FRC-PRG, CUSIP No.
  • The Series G Depositary Shares will be redeemed on March 30, 2021 (the Redemption Date) at a redemption price of $25.00 per Series G Depositary Share, representing an aggregate amount of $150,000,000, plus all accrued and unpaid dividends to, but excluding, the Redemption Date (the Redemption Price).
  • On and after the Redemption Date, the Series G Depositary Shares will no longer be deemed outstanding and no further dividends will be declared on the Series G Depositary Shares.

Press Release regarding acquisition of Common Shares of Newcrest Mining Limited

Retrieved on: 
Tuesday, February 2, 2021
Financial markets, Equity securities, Depositary receipts, American depositary receipt, Newcrest Mining, Corporate finance, Finance

Prior to the transactions, the Foundation beneficially owned, or had control or direction over, 81,524,333 Common Shares and 129,339 American Depositary Receipts, representing 9.99% of the outstanding Common Shares of Newcrest.

Key Points: 
  • Prior to the transactions, the Foundation beneficially owned, or had control or direction over, 81,524,333 Common Shares and 129,339 American Depositary Receipts, representing 9.99% of the outstanding Common Shares of Newcrest.
  • Of these Common Shares and American Depositary Receipts:
    Allan Gray Australia Pty Limited controls but does not beneficially own 21,037,847 of the Common Shares, representing 2.58% of the outstanding Common Shares of Newcrest, on behalf of client accounts over which it has discretionary trading authority.
  • Orbis Investment Management Limited controls but does not beneficially own 51,979,117 of the Common Shares and 129,339 of the American Depositary Receipts, representing 6.38% of the outstanding Common Shares of Newcrest, on behalf of client accounts over which it has discretionary trading authority.
  • EmCap Limited, a subsidiary of the Foundation, has ownership and control over 9,700,000 Common Shares, representing 1.19% of the outstanding Common Shares of Newcrest.

9F INC. ACTION ALERT: Wolf Haldenstein Adler Freeman & Herz LLP announces that a class action lawsuit has been filed in the United States District Court for the District of New Jersey against 9F Inc.

Retrieved on: 
Monday, February 1, 2021
Depositary receipts, Equity securities, American depositary receipt, Initial public offering

Please contact Wolf Haldenstein to learn more about your rights as an investor in the shares of ADRs of 9F Inc.

Key Points: 
  • Please contact Wolf Haldenstein to learn more about your rights as an investor in the shares of ADRs of 9F Inc.
  • In August 2019, 9F completed its initial public offering (IPO), selling 8.9 million American Depositary Receipts at $9.50 per ADR.
  • On September 27, 2019, 9F reported its second quarter 2019 financial results for the period that ended prior to the IPO.
  • On this news, 9F shares fell $0.59, or 5%, to close at $10.35 per ADR on September 27, 2019.

First Republic Bank Announces Pricing of $650 Million Series L Preferred Stock Offering

Retrieved on: 
Thursday, January 28, 2021
Banking, Professional services, Finance, Stock market, Financial economics, Finance, Equity securities, Money, Corporate finance, Stock, Security, Depositary receipts

First Republic Bank (First Republic) (NYSE: FRC), a leading private bank and wealth management company, today announced the pricing of a public offering of 26,000,000 depositary shares, each representing a 1/40th interest in a share of its 4.250% Noncumulative Perpetual Series L Preferred Stock, at a public offering price of $25.00 per depositary share.

Key Points: 
  • First Republic Bank (First Republic) (NYSE: FRC), a leading private bank and wealth management company, today announced the pricing of a public offering of 26,000,000 depositary shares, each representing a 1/40th interest in a share of its 4.250% Noncumulative Perpetual Series L Preferred Stock, at a public offering price of $25.00 per depositary share.
  • First Republic has also granted the underwriters a 30-day option to purchase up to an additional 3,900,000 depositary shares from First Republic.
  • The offering is expected to close on or about February 9, 2021, subject to the satisfaction of customary closing conditions.
  • First Republic intends to use the net proceeds from the offering for general corporate purposes, which may include, among other things, funding loans or purchasing investment securities for its portfolio.

HMS Group management increases its share in the charter capital

Retrieved on: 
Tuesday, January 26, 2021
Financial services, Depositary receipts, Finance, Money, Banking, Economy of London, London Stock Exchange, Global depository receipt, HMS Group, Receipt

HMS Group (LSE: HMSG) announces today that one of its managers has acquired 29,790 (twenty nine thousand seven hundred ninety) HMS' Global depositary receipts using his own funds.

Key Points: 
  • HMS Group (LSE: HMSG) announces today that one of its managers has acquired 29,790 (twenty nine thousand seven hundred ninety) HMS' Global depositary receipts using his own funds.
  • HMS Group's products are mission-critical elements of projects across a diverse range of industries.
  • HMS has a listing on the London Stock Exchange in the form of global depositary receipts (LSE: HMSG).
  • Information published in press releases was accurate at the time of publication but may be superseded by subsequent releases or other information.