Depositary receipt

Sistema PJSFC: Expert RA upgrades Sistema's credit rating to ruAA-

Retrieved on: 
Wednesday, September 23, 2020
Sistema, Financial services, Finance, London Stock Exchange, Depositary receipt, Global depository receipt, Expert RA, SA, MOEX, Static single assignment form, City of London

Moscow, 23 September 2020- Sistema PJSFC (hereinafter "Sistema" or "the Corporation") (LSE: SSA, MOEX: AFKS), a Russian public diversified holding company, announces that its credit rating has been upgraded by Expert RA rom ruA to ruAA-, outlook stable.

Key Points: 
  • Moscow, 23 September 2020- Sistema PJSFC (hereinafter "Sistema" or "the Corporation") (LSE: SSA, MOEX: AFKS), a Russian public diversified holding company, announces that its credit rating has been upgraded by Expert RA rom ruA to ruAA-, outlook stable.
  • Vladimir Travkov, Sistema's Vice President for Finance, said:
    Expert RA has also acknowledged the high quality of Sistema's corporate governance and impressive transparency regarding the disclosure of financial information.
  • 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.

Stone Announces That It Will Pursue the Issuance of Brazilian Depositary Receipts ("BDR")

Retrieved on: 
Tuesday, September 22, 2020
Linx S.A., Linx, Depositary receipt, Computer companies, Software industry, Computer industry

SO PAULO, Brazil, Sept. 22, 2020 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE) (Stone), a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels, today announces that it will pursue the issuance of Brazilian Depositary Receipts (BDR).

Key Points: 
  • SO PAULO, Brazil, Sept. 22, 2020 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE) (Stone), a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels, today announces that it will pursue the issuance of Brazilian Depositary Receipts (BDR).
  • Following the announcements on August 11, 2020 and September 1, 2020 regarding Stone's business combination with Linx (the Transaction), on September 22, 2020, Stone announced that it will pursue the issuance of BDRs.
  • In connection with the Transaction, Stone and Linx have filed relevant materials with the SEC including a registration statement of Stone on Form F-4.
  • Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof.

Ipsen to Present New Insights at ASBMR for Potential Treatment of Ultra-rare Disease Fibrodysplasia Ossificans Progressiva (FOP), Including Global Phase III MOVE Trial Results

Retrieved on: 
Thursday, September 10, 2020
Biotechnology, Pharmaceutical, Health, Clinical trials, Chemical compounds, Rare diseases, Palovarotene, Pyrazoles, Retinoids, FOP, Fibrodysplasia, Organic compounds, Depositary receipt, American depositary receipt, Ipsen, FOP Friends, palovarotene, fibrodysplasia ossificans progressiva (FOP), Ipsen

Ipsen is listed in Paris (Euronext: IPN) and in the United States through a Sponsored Level I American Depositary Receipt program (ADR: IPSEY).

Key Points: 
  • Ipsen is listed in Paris (Euronext: IPN) and in the United States through a Sponsored Level I American Depositary Receipt program (ADR: IPSEY).
  • For more information on Ipsen, visit www.ipsen.com
    The forward-looking statements, objectives and targets contained herein are based on the Groups management strategy, current views and assumptions.
  • Palovarotene (PVO) for fibrodysplasia ossificans progressiva (FOP): Data from the phase III MOVE trial.
  • Prevalence of fibrodysplasia ossificans progressiva (FOP) in France: an estimate based on a record linkage of two national databases.

HDFC BANK ALERT: Bragar Eagel & Squire, P.C. is Investigating HDFC Bank Limited on Behalf of HDFC Bank Limited Stockholders and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, August 19, 2020
Legal, Professional services, Financial markets, Finance, Stock market, Financial economics, Equity securities, NIFTY 50, BSE SENSEX, HDFC Bank, Depositary receipt, HDFC, American depositary receipt, Stock

Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against HDFC Bank Limited (NYSE: HDB) on behalf of HDFC Bank stockholders.

Key Points: 
  • Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against HDFC Bank Limited (NYSE: HDB) on behalf of HDFC Bank stockholders.
  • Our investigation concerns whether HDFC Bank has violated the federal securities laws and/or engaged in other unlawful business practices.
  • On this news, HDFC Banks American depositary receipt price fell $1.37 per share, or 2.83%, to close at $47.02 per share on July 13, 2020.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Citi Appointed as Depositary Bank for Freeline’s ADR Programme

Retrieved on: 
Friday, August 14, 2020
Biotechnology, Finance, Banking, Health, Professional services, Companies, Finance, Financial markets, Depositary receipt, Citigroup, American depositary receipt, Citibank, Freeline, Citi

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

Key Points: 

MXIM, DCOM, and GRUB SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of Mergers

Retrieved on: 
Friday, August 14, 2020
Online food ordering, Corporate finance, Grubhub, Financial markets, Companies, Just Eat Takeaway, American depositary receipt, Fiduciary, Just Eat, Depositary receipt

To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-maxim-integrated-products-inc .

Key Points: 
  • To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-maxim-integrated-products-inc .
  • Grubhub, Inc. (NYSE: GRUB ) regarding possible breaches of fiduciary duties and other violations of law related to Grubhubs agreement to be acquired by Just Eat Takeaway.com N.V. (Just Eat).
  • Shareholders of Grubhub will receive American depository receipts (ADRs), representing 0.6710 Just Eat ordinary shares for each share of Grubhub owned.
  • If you would like to discuss any of these investigations and your rights cost and obligation free, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242 or by e-mail at [email protected] .

Aura Provides Update Regarding Share and BDR Division

Retrieved on: 
Tuesday, August 11, 2020
B3, Depositary receipt, Aura, Finance

ROAD TOWN, British Virgin Islands, Aug. 11, 2020 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (Aura or the Company) (TSX: ORA) (B3: AURA32), today announced an update regarding the timing of its previously announced share division whereby (i) each currently issued share of the Company will be divided into fifteen (15) issued shares (the Share Division) and (ii) each currently issued Brazilian depositary receipt (BDR) representing a share of the Company (which BDRs were issued in connection with Auras initial primary and secondary public offering in Brazil) will be divided into fifteen (15) issued BDRs (the BDR Division).

Key Points: 
  • ROAD TOWN, British Virgin Islands, Aug. 11, 2020 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (Aura or the Company) (TSX: ORA) (B3: AURA32), today announced an update regarding the timing of its previously announced share division whereby (i) each currently issued share of the Company will be divided into fifteen (15) issued shares (the Share Division) and (ii) each currently issued Brazilian depositary receipt (BDR) representing a share of the Company (which BDRs were issued in connection with Auras initial primary and secondary public offering in Brazil) will be divided into fifteen (15) issued BDRs (the BDR Division).
  • A due bill is an entitlement attached to listed securities undergoing a material corporate action, such as the Share Division.
  • As a result of the BDR Division, the BDR registry book with the depositary institution will be closed between the BDR Record Date until the BDR Payment Date.
  • Neither holders of Auras shares or the BDRs need to take any action with respect to the Share Division or the BDR Division, respectively.

Citi Appointed as Depositary Bank for Amryt Pharma’s ADR Programme

Retrieved on: 
Thursday, July 9, 2020
Professional services, Health, Finance, Banking, Pharmaceutical, Biotechnology, Companies, Economy of New York City, Finance, Depositary receipt, American depositary receipt, Citigroup, Citibank

Citi, acting through Citibank N.A., has been appointed by Amryt Pharma Plc (Amryt) a global, commercial-stage biopharmaceutical company dedicated to commercializing and developing novel therapeutics to treat patients suffering from serious and life-threatening rare diseases to act as depositary bank for its American Depositary Receipt (ADR) programme.

Key Points: 
  • Citi, acting through Citibank N.A., has been appointed by Amryt Pharma Plc (Amryt) a global, commercial-stage biopharmaceutical company dedicated to commercializing and developing novel therapeutics to treat patients suffering from serious and life-threatening rare diseases to act as depositary bank for its American Depositary Receipt (ADR) programme.
  • Amryts American Depositary Shares (ADS) trade on the Nasdaq Global Select market under the symbol AMYT.
  • Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions.
  • Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi
    View source version on businesswire.com: https://www.businesswire.com/news/home/20200709005352/en/

Fitch Ratings Affirms PhosAgro's Investment Grade Credit Rating of BBB-/Stable

Retrieved on: 
Wednesday, July 1, 2020
Economy, Finance, Money, Banking, Global depository receipt, Depositary receipt, MSCI, Stock market, International development, Investment, London Stock Exchange, Moscow Exchange

PhosAgro's main products include phosphate rock, 50 grades of fertilizers, feed phosphates, ammonia, and sodium tripolyphosphate, which are used by customers in 102 countries spanning all of the world's inhabited continents.

Key Points: 
  • PhosAgro's main products include phosphate rock, 50 grades of fertilizers, feed phosphates, ammonia, and sodium tripolyphosphate, which are used by customers in 102 countries spanning all of the world's inhabited continents.
  • The Company's priority markets outside of Russia and the CIS are Latin America, Europe and Asia.
  • 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: Report on Payments to Governments for 2019

Retrieved on: 
Tuesday, June 30, 2020
Sistema, Financial services, Banking, Finance, London Stock Exchange, Depositary receipt, Global depository receipt, Economy

Moscow, Russia - 30 June 2020 - Sistema PJSFC ("Sistema" or the "Corporation") (LSE: SSA, MOEX: AFKS), a publicly traded diversified Russian holding company, announces that it has released its Report on Payments to Governments for the year 2019.

Key Points: 
  • Moscow, Russia - 30 June 2020 - Sistema PJSFC ("Sistema" or the "Corporation") (LSE: SSA, MOEX: AFKS), a publicly traded diversified Russian holding company, announces that it has released its Report on Payments to Governments for the year 2019.
  • The Report provides an overview of the payments to governments made by subsidiary undertakings of Sistema, represented by legal entities of Segezha Group involved in logging activities, for the year 2019 as required under the Disclosure and Transparency Rules issued by the Financial Conduct Authority of the United Kingdom.
  • 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.