- Pressemitteilung BoxID 136011
Deutsche Post DHL establishes sponsored American Depositary Receipt program
"We are seeing significant interest in our stock from US investors with a considerable percentage of our shares already being held in the US market," commented Larry Rosen, CFO of Deutsche Post DHL. "The establishment of the ADR facility will support us in our efforts to further strengthen our relationship with US based shareholders and enable a broader range of investors to participate in the Group and its future development."
The ADR program gives US investors the opportunity to acquire a holding in Deutsche Post DHL and at the same time to buy OTC share certificates representing negotiable US securities. Trading and settlement of the ADRs takes place OTC in the US clearing system. ADRs are traded in US$. Dividend payments to the ADR holders will also be made in US$ .The Bank of New York Mellon has been appointed as the depositary bank to administer the ADR program.
ADRs are offered by The Bank of New York Mellon and not Deutsche Post DHL. In particular, ADRs are not publicly offered in Germany.
Deutsche Post AG
Deutsche Post DHL is the world's leading postal and logistics services group.
The Deutsche Post and DHL corporate brands offer a one-of-a-kind portfolio of logistics (DHL) and communication (Deutsche Post) services. The Group offers its customers easy to use standardized products as well as innovative and tailored solutions - from dialog marketing to industrial supply chains. About 500,000 employees in more than 220 countries and territories form a global network focused on service, quality and sustainability. The Group accepts its social responsibility by supporting climate protection, disaster management and education. The Group generated revenue of more than 54 billion euros in 2008.
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