ADR Programs: Corporate Actions Update Year-to-date

The following is a list of notable corporate actions on some of the ADR programs as of Feb 20, 2015:

  1. Shandong Luoxin Pharmacy Stock Co. Ltd (SLUXY) changed its name to Shandong Luoxin Pharmaceutical Group Stock Co., Ltd.
  2. Ricoh Company Ltd (RICOY) changed its ratio to 1 Depository Share : 1 Ordinary share from 1 Depository Share : 5 Ordinary share.
  3. Paranapanema S/A (PNPPY) was terminated and ADR holders were paidout a cash of  $ 1.53 per share.
  4. Incitec Pivot Limited(ICPVY) upgraded its ADR from Unsponsored to Sponsored.
  5. Erytech Pharma (EYRYY), a drug company from France started its sponsored ADR program.
  6. Genetic Technologies Limited (GENE) changed its ratio to 1 ADR : 150 Ordinary shares from 1:30 effecting a reverse split.
  7. Consorcio Hogar terminated its Level 1 Sponsored ADR program effective January 22, 2015.
  8. Prime Minerals Limited changed its name to  Covata Ltd.
  9. Incitec Pivot Limited of Australia started a new sponsored level 1 ADR program under the ticker INCZY.
  10. Reed Resources Limited changed its name to Neometals Ltd.
  11. Intelligent Energy Holdings plc started a new sponsored level 1 ADR program under the ticker INGYY.
  12. Sopheon plc ADR program was terminated effective  January 26, 2015.
  13. K. Wah International Holdings Limited ADR program will be terminated  on April 30, 2015.
  14. Thai Union Frozen Products PCL (TUFBY) changed the ratio to 1 ADR : 20 Ordinary Shares
  15. BHG S.A. – Brazil Hospitality Group terminated its ADR program.
  16. TUI TRAVEL PLC terminated its ADR program.
  17. Utair Aviation JSC terminated its ADR program.
  18. Symbio Pharmaceuticals started a new sponsored level 1 ADR program under the ticker SYMQY.
  19. Dainippon Screen Mfg. Co., Ltd changed its name to  SCREEN Holdings Co., Ltd.
  20. The Bank of Ireland terminated its ADR program effective April 22, 2015.
  21. China Jiuhao Health Industry Corporation Limited  terminated its ADR program.
  22. Hanwha SolarOne Co., Ltd. changed its name to Hanwha SolarOne Co., Ltd with new ticker HQCL.
  23. Alto Palermo S.A has changed its name to IRSA PROPIEDADES COMERCIALES S.A and the new ticker is IRCP.
  24. Burberry Group started a new sponsored level 1 ADR program under the ticker BURBY.
  25. Bionomics Limited ADR will be terminated May 21, 2015.
  26. Papillon Resources Ltd (PAPQY) ADR was terminated and holders were paid out a cash of $12.15 per DR.
  27. New Zealand Oil & Gas Limited (NZEOY) implemented a reverse stock split with a new ratio of 4 new DRs for every 5 old DR.
  28. Nippon Meat Packers Inc changed its name to NH Foods Ltd.
  29. eHi Car Services Limited was listed on the NYSE with the ticker EHIC.
  30. HDFC Bank Limited (HDB) of India completed a secondary offering of 22 million ADRs at $57.76 per share.

Source: BNY Mellon and JP Morgan

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