ADR
            
        If you own ADRs: They are not being traded any longer, please have a look here on how to proceed.
Until recently Software AG Corporation had established a Level-1 American Depositary Receipt (ADR) Program. ADRs are negotiable U.S. certificates evidencing ownership of shares for a non-U.S. company. They enable U.S. investors to acquire and trade non-U.S. securities denominated in U.S. dollars.
The Level-1 ADR Program enables over-the-counter (OTC) trading of unlisted ADRs representing the Software AG stock. Software AG used the OTCQX platform, a premier market place for over-the-counter business in the U.S.
The purpose of the Level-1 ADR Program was to encourage foreign investments into our stock through the U.S. over-the-counter market, especially in the U.S.
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         Type of ADR program
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        Sponsored Level-1 ADR Program
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        Effective date
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         October 27, 2005
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        Ratio
     | 
         4 ADRs = 1 registered share
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        U.S. Security Code
     | 
         (Cusip) 83403H 10 1
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        Stock symbol
     | 
        STWRY
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        Depositary bank
     | 
        Bank of New York Mellon
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         Local custodian bank
     | 
        Bank of New York Mellon
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