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Wise plc American Depositary Receipt Program
Wise plc American Depositary Receipt Program.
About this update from Wise Plc Class A
[{"type":"text","content":"\n \n \n \n RNS Number : 0696J\n Wise PLC\n 18 August 2021\n \n \n \n \n Wise plc\n \n \n 18 August 2021\n \n \n \n \n \n Wise plc American Depositary Receipt Program\n \n \n \n \n \n Wise plc (LON: WISE) is pleased to announce it has taken steps today to establish a level 1 American Depositary Receipt (ADR) program in the US by filing a registration statement on Form F-6 with the US Securities and Exchange Commission. It is expected that Wise's ADRs will begin trading on the over-the-counter (OTC) market on 8 September 2021, under a ticker symbol that will be announced closer to the program's effective date.\n \n \n The ADR program will complement Wise's existing primary listing on the London Stock Exchange. One Wise ADR will represent one underlying Wise class A ordinary share.\n \n \n The ADR program does not involve the issuance of new shares or the raising of new capital by Wise.\n \n \n ADRs allow US investors to buy shares in foreign companies without the need for cross-border or cross-currency transactions. They are priced in US dollars and can be traded like shares of US-based companies listed on the OTC market.\n \n \n J.P. Morgan has been appointed as the depositary bank for the Level 1 ADR program. \n \n \n \n \n \n Further information\n \n \n \n \n \n For further information on this update or the Company generally, please visit our website at \n \n \n www.wise.com/owners\n \n \n or see full contact details at the end of this release.\n \n \n A copy of this announcement is available from the Company's website at \n \n \n www.wise.com/owners\n \n \n .\n \n \n The Board of Directors of Wise authorised this announcement to be given to the London Stock Exchange.\n \n \n \n \n \n Enquiries\n \n \n \n \n \n Martin Adams - Head of Owner Relations \n \n \n \n \n [email protected]\n \n \n \n \n \n \n \n Abigail Daniels - Head of Public Relations\n \n \n \n \n [email protected]\n \n \n \n \n \n \n \n Brunswick Group \n \n \n Charles Pretzlik / Sarah West / Samantha Chiene \n \n \n \n \n [email protected]\n \n \n \n \n \n +44 (0) 20 7404 5959\n \n \n \n \n \n About Wise\n \n \n \n \n \n Wise is a global technology company, building the best way to move money around the world. With the Wise account people and businesses can ...