| Invest in Millepede |
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For US Investors
The ADR program will make Millepede more accessible to US investors and is a vehicle with which to ensure liquidity in the stock for an US investor base. An ADR program also creates the possibility of investment by institutions that are only permitted to buy US based securities. An ADR is created when a broker purchases a company’s shares on the home stock market and delivers those to the depositary’s local custodian bank, which then instructs the depositary bank, The Bank of New York in the case of the Millepede program, to issue Depositary Receipts. Depositary receipts may trade freely, like any other security in the OTC market. Contact any US broker. If you have any questions please contact us. |
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