American Depositary Receipt (ADR)

In May 2012, H. Lundbeck A/S established a sponsored Level One American Depositary Receipt (ADR) programme with Deutsche Bank Trust Company Americas. Please find details on the programme below.

ADR trading code HLUYY
Structure Sponsored level I programme
ADR ISIN US40422M2061
CUSIP 40422M206
Underlying ISIN DK0010287234
Ratio 1 ADR:1 ordinary share
Exchange OTC
Depositary bank Deutsche Bank
Effective date 18 May 2012

Lundbeck's ADR details on Deutsche Bank's website

The Company’s ADR program is sponsored by Deutsche Bank. As the Depositary bank, Deutsche Bank performs the following roles for H. Lundbeck A/S ADR holders:


  • Records and maintains the register of ADR holders
  • Is the stock transfer agent
  • Distributes dividends in U.S. dollars
  • Issues and cancels H. Lundbeck ADRs

 

For those holders which are not registered because their shares are held through a ‘Street name’ (nominee account), your nominee will receive company documents from time to time from Deutsche Bank to distribute to ADR holders.  You need to make arrangements with your nominee if you wish to receive such documents and to be able to exercise your vote through the depositary bank at general meetings (if applicable).


Contact details for ADR investors and brokers:
Deutsche Bank ADR broker services desks
New York: Tel +1 212 250 9100
London: +44 207 547 6500

Contact details for registered ADR Holders:
Deutsche Bank Shareholder Services
American Stock Transfer & Trust Company
Peck Slip Station
P.O. Box 2050
New York, NY 10272-2050
Email: DB@amstock.com
Toll-free number: +1 866 706 0509
Direct Dial: +1 718 921 8137


ADR FAQs

ADRs are a negotiable US dollar denominated certificate representing ownership of shares in a non-US company.  H. Lundbeck's ADRs represent H. Lundbeck's ordinary shares deposited with the depositary bank, to underlie such certificates and carry the rights attached to them as detailed in the Depositary Agreement. Holders of ADRs receive dividends in US dollars (if applicable) and have the right to vote on shareholders resolutions. The term ADR and ADS are often used interchangeably. ADRs were specifically designed to facilitate the purchase, holding and sale of non-U.S. securities by US investors.
For more information, please click here.

This is the relation between the number of ADRs and the number of ordinary shares. Every 1 ordinary H. Lundbeck share represents 1 H. Lundbeck ADRs.

US investors may prefer to purchase ADRs rather than ordinary shares in the issuer's home market because ADRs trade, clear and settle according to US market conventions. One of ADRs' top advantages is the facilitated diversification into foreign securities. ADRs also allow easy comparison to securities of similar companies as well as access to price and trading information.

Deutsche Bank Trust Company Americas. The depositary bank plays a key role in issuance as well as cancellation of ADRs. It also maintains the ADR holder register, distributes the dividends in US dollars (if applicable) and facilitates the exercise by the ADRs holders of their voting rights (if applicable).

Deutsche Bank Trust Company Americas. The depositary bank plays a key role in issuance as well as cancellation of ADRs. It also maintains the ADR holder register, distributes the dividends in US dollars (if applicable) and facilitates the exercise by the ADRs holders of their voting rights (if applicable).

A registered holder is one whose name appears on the books of the depositary bank. The registered holder is considered the owner of record. A beneficial holder is one whose holdings are registered in a name other than their own, such as in the name of a broker, bank or nominee.

Converting ordinary shares into ADRs must be done through a broker investment advisor or through Deutsche Bank Trust Company Americas. You can contact Deutsche Bank broker services desk on +1 212 250 9100 or +44 207 547 6500.

If you do not hold via a broker, bank or nominee, please contact our transfer agent:
Deutsche Bank Shareholder Services
American Stock Transfer & Trust Company
Peck Slip Station
P.O. Box 2050
New York, NY 10272-2050
Email: DB@amstock.com
Toll-free number: +1 866 706 0509
Direct Dial: +1 718 921 8137

You can find details on ADR pricing and volume on Deutsche Bank's website

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