Bunzl has a sponsored Level 1 American Depositary Receipt (ADR) programme, for which J.P. Morgan Chase Bank, N.A. acts as depositary.
The Level 1 ADR programme trades on the US over-the-counter (OTC) market on the ‘OTCQX’ platform under the symbol BZLFY. Bunzl’s ADRs are not listed on a US stock exchange. Each Bunzl plc Ordinary Share represents two ADRs.
For ADR investor enquiries, please contact:
Shareowner Services
J.P. Morgan Chase Bank, N.A.
PO Box 64504
St Paul, MN
55164-0504
USA
US: +1 651 453 2128 (from the United States: 1 800 990 1135). Lines are open Monday to Friday, 7am to 7pm (Central Time US)
Email details: https://www.adr.com/contact/jpmorgan
Website: www.adr.com
What is an American Depositary Receipt?
An ADR is a negotiable US certificate representing ownership of shares in a non-US corporation. ADRs are quoted and traded in US dollars in the US securities market. Dividends are also paid in US dollars. ADRs were specifically designed to facilitate the purchase, holding and sale of non-US securities by US investors and to provide a corporate finance vehicle for non-US companies.
What are the benefits of ADRs to US Investors?
US investors generally 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 the main advantages is the facilitation of diversification into foreign securities. ADRs allow easy comparison to securities of similar companies, as well as access to price and trading information. ADR holders also appreciate dollar dividend payments and receiving corporate action notifications.
Where are Bunzl's ADRs quoted?
Bunzl’s ADRs are quoted in the US on the OTCQX platform:
Symbol: BZLFY
CUSIP: 120738406
Platform: OTCQX
Ratio (ORD:ADR): 1:2
Country: United Kingdom
Underlying ISIN: GB00B0744B38
US ISIN: US1207384066
What is the difference between a registered holder and a beneficial ADR holder?
A registered holder is one whose name appears on the books of the Depositary, as registrar; the registered holder is considered the owner of record. A beneficial holder is one whose holdings are held in another name, such as a broker, bank or nominee.
