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.
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
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4 ADRs = 1 registered share
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U.S. Security Code
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(Cusip) 83403H 10 1
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Stock symbol
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STWRY
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Depositary bank
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Bank of New York Mellon
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Local custodian bank
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Bank of New York Mellon
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