Depositary receipt

TENCENT ALERT: Bragar Eagel & Squire, P.C. is Investigating Tencent Music Entertainment Group on Behalf of Tencent Stockholders and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, March 17, 2021

Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Tencent Music Entertainment Group (NYSE: TME) on behalf of Tencent stockholders.

Key Points: 
  • Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Tencent Music Entertainment Group (NYSE: TME) on behalf of Tencent stockholders.
  • Our investigation concerns whether Tencent has violated the federal securities laws and/or engaged in other unlawful business practices.
  • On this news, the Companys American Depositary Receipts (ADRs) price fell as much as $7, or nearly 8%, on March 12, 2021.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

U.S. Bancorp announces redemption of all outstanding depositary shares representing interests in its Series I non-cumulative perpetual preferred stock

Retrieved on: 
Thursday, March 4, 2021

U.S. Bancorp announced today that it will redeem on April 15, 2021 all of its outstanding Series I Non-Cumulative Perpetual Preferred Stock, par value $1.00 per share (the Series I Preferred Stock), and the corresponding depositary shares, each representing a 1/25th interest in a share of the Series I Preferred Stock (the Series I Depositary Shares).

Key Points: 
  • U.S. Bancorp announced today that it will redeem on April 15, 2021 all of its outstanding Series I Non-Cumulative Perpetual Preferred Stock, par value $1.00 per share (the Series I Preferred Stock), and the corresponding depositary shares, each representing a 1/25th interest in a share of the Series I Preferred Stock (the Series I Depositary Shares).
  • The Series I Preferred Stock will be redeemed at a redemption price per share equal to $25,000 (equivalent to $1,000 per Series I Depositary Share).
  • Upon redemption, the Series I Preferred Stock and the Series I Depositary Shares will no longer be outstanding and all rights with respect to such stock and depositary shares will cease and terminate, except the right to payment of the redemption price.
  • Payment to DTC will be made by U.S. Bank National Association, U.S. Bancorps redemption agent for the Series I Depositary Shares.

Citi Appointed as Depositary Bank for Tatneft’s ADR Program

Retrieved on: 
Friday, February 19, 2021

Citi, acting through Citibank N.A., has been appointed by PJSC Tatneft (Tatneft) one of the largest Russian oil companies to act as depositary bank for its American Depositary Receipt (ADR) program.

Key Points: 

Equinor ASA: Announcement of dividend per share in NOK for the third quarter 2020

Retrieved on: 
Thursday, February 18, 2021

Equinor (OSE: EQNR, NYSE: EQNR) announced on 29 October 2020 dividend per share of USD 0.11 for third quarter 2020.

Key Points: 
  • Equinor (OSE: EQNR, NYSE: EQNR) announced on 29 October 2020 dividend per share of USD 0.11 for third quarter 2020.
  • The NOK dividend per share is based on average USDNOK fixing rate from Norges Bank in the period plus/minus three business days from record date 12 February 2021, in total seven business days.
  • Third quarter 2020 dividend per share is consequently NOK 0.9290.
  • On 26 February 2021, dividend will be paid to shareholders on Oslo Brs (Oslo Stock Exchange) and to holders of American Depositary Receipts ("ADRs") on New York Stock Exchange.

Sistema PJSFC: Director/PDMR Transaction

Retrieved on: 
Wednesday, February 17, 2021

: +7 (495) 730 6600, [email protected]

Key Points: 
  • : +7 (495) 730 6600, [email protected]
    Sistema PJSFC is a Russian publicly-traded diversified holding company serving over 150 million customers in the sectors of telecommunications, high technology, banking, retail, timber processing, agriculture, real estate, tourism and healthcare services.
  • Its revenue in 2019 reached RUB 656.9bn; its total assets equalled RUB 1.3tn as of 31 December 2019.
  • Sistema's global depositary receipts are listed under the "SSA" ticker on the London Stock Exchange.
  • Sistema's ordinary shares are listed under the "AFKS" ticker on Moscow Exchange.

Brighthouse Financial Announces Preferred Stock Dividends and Related Depositary Share Distributions

Retrieved on: 
Tuesday, February 16, 2021

Brighthouse Financial, Inc. (Brighthouse Financial or the company) (Nasdaq: BHF) announced today that on March 25, 2021, holders of record as of March 10, 2021 (the Record Date) of (i) its depositary shares (the Series A Depositary Shares (Nasdaq: BHFAP)), each representing a 1/1,000th interest in a share of its 6.600% Non-Cumulative Preferred Stock, Series A (the Series A Preferred Stock), (ii) its depositary shares (the Series B Depositary Shares (Nasdaq: BHFAO)), each representing a 1/1,000th interest in a share of its 6.750% Non-Cumulative Preferred Stock, Series B (the Series B Preferred Stock) and (iii) its depositary shares (the Series C Depositary Shares (Nasdaq: BHFAN)), each representing a 1/1,000th interest in a share of its 5.375% Non-Cumulative Preferred Stock, Series C (the Series C Preferred Stock), will receive the following quarterly distributions, as applicable:

Key Points: 
  • Brighthouse Financial, Inc. (Brighthouse Financial or the company) (Nasdaq: BHF) announced today that on March 25, 2021, holders of record as of March 10, 2021 (the Record Date) of (i) its depositary shares (the Series A Depositary Shares (Nasdaq: BHFAP)), each representing a 1/1,000th interest in a share of its 6.600% Non-Cumulative Preferred Stock, Series A (the Series A Preferred Stock), (ii) its depositary shares (the Series B Depositary Shares (Nasdaq: BHFAO)), each representing a 1/1,000th interest in a share of its 6.750% Non-Cumulative Preferred Stock, Series B (the Series B Preferred Stock) and (iii) its depositary shares (the Series C Depositary Shares (Nasdaq: BHFAN)), each representing a 1/1,000th interest in a share of its 5.375% Non-Cumulative Preferred Stock, Series C (the Series C Preferred Stock), will receive the following quarterly distributions, as applicable:
    a quarterly distribution in an amount of $0.4125 per Series A Depositary Share, resulting from the companys declaration of a quarterly dividend on the Series A Preferred Stock, which underlies the Series A Depositary Shares;
    a quarterly distribution in an amount of $0.421875 per Series B Depositary Share, resulting from the companys declaration of a quarterly dividend on the Series B Preferred Stock, which underlies the Series B Depositary Shares; and
    a quarterly distribution in an amount of $0.46657986 per Series C Depositary Share, resulting from the companys declaration of a quarterly dividend on the Series C Preferred Stock, which underlies the Series C Depositary Shares.
  • On March 25, 2021, (i) the Series A Preferred Stock dividend will be paid, in an amount of $412.50 per share, to the depositary for the Series A Preferred Stock, (ii) the Series B Preferred Stock dividend will be paid, in an amount of $421.875 per share, to the depositary for the Series B Preferred Stock and (iii) the Series C Preferred Stock dividend will be paid, in an amount of $466.57986 per share, to the depositary for the Series C Preferred Stock.
  • The depositary will, in turn, distribute such dividends to the holders of record of the Series A Depositary Shares, the Series B Depositary Shares and the Series C Depositary Shares, as applicable, as of the Record Date.
  • Brighthouse Financial, Inc. (Brighthouse Financial) (Nasdaq: BHF) is on a mission to help people achieve financial security.

Citi Appointed as Depositary Bank for Immunocore Holdings plc’s ADR Programme

Retrieved on: 
Wednesday, February 10, 2021

Citi, acting through Citibank N.A., has been appointed by Immunocore Holdings plc (Immunocore), a late-stage biotechnology company, to act as depositary bank for its American Depositary Receipt (ADR) programme.

Key Points: 

Chlodwig Enterprises Limited Informs PhosAgro of Transactions with PhosAgro Shares and GDRs

Retrieved on: 
Wednesday, January 20, 2021

PhosAgro ( www.phosagro.ru ) is one of the world's leading vertically integrated phosphate-based fertilizer producers in terms of production volumes of phosphate-based fertilizers and high-grade phosphate rock with a P2O5 content of 39% and higher.

Key Points: 
  • PhosAgro ( www.phosagro.ru ) is one of the world's leading vertically integrated phosphate-based fertilizer producers in terms of production volumes of phosphate-based fertilizers and high-grade phosphate rock with a P2O5 content of 39% and higher.
  • PhosAgro's environmentally friendly fertilizers stand out for their high efficiency, and they do not lead to the contamination of soils with heavy metals.
  • PhosAgro's shares are traded on the Moscow Exchange, and global depositary receipts (GDRs) for shares trade on the London Stock Exchange (under the ticker PHOR).
  • Since 1 June 2016, the Company's GDRs have been included in the MSCI Russia and MSCI Emerging Markets indexes.

Sistema PJSFC: Ad-Hoc Notice

Retrieved on: 
Monday, January 18, 2021

Sistema PJSFC is a publicly-traded diversified Russian holding company serving over 150 million customers in the sectors of telecommunications, high technology, banking, retail, forestry, real estate, tourism and healthcare services.

Key Points: 
  • Sistema PJSFC is a publicly-traded diversified Russian holding company serving over 150 million customers in the sectors of telecommunications, high technology, banking, retail, forestry, real estate, tourism and healthcare services.
  • Its revenue in 2019 reached RUB 656.9bn; its total assets equalled RUB 1.3tn as of 31 December 2019.
  • Sistema's global depositary receipts are listed under the symbol "SSA" on the London Stock Exchange.
  • Sistema does not intend to register any portion of any offering of securities in the United States or to conduct a public offering of any securities in the United States.

Emera Approves Quarterly Dividends

Retrieved on: 
Wednesday, January 13, 2021

Emera Inc. hereby notifies the shareholders of its common shares and its First Preferred Shares that such dividends declared qualify as eligible dividends pursuant to the Income Tax Act (Canada) and corresponding provincial legislation.

Key Points: 
  • Emera Inc. hereby notifies the shareholders of its common shares and its First Preferred Shares that such dividends declared qualify as eligible dividends pursuant to the Income Tax Act (Canada) and corresponding provincial legislation.
  • Emera Inc. is a geographically diverse energy and services company headquartered in Halifax, Nova Scotia, with approximately $32 billion in assets and 2019 revenues of more than $6.1 billion.
  • Emera has investments throughout North America, and in four Caribbean countries.
  • Depositary receipts representing common shares of Emera are listed on the Barbados Stock Exchange under the symbol EMABDR and on The Bahamas International Securities Exchange under the symbol EMAB.