Temenos has established a Level I American Depositary Receipt (ADR) Program. ADRs are negotiable US certificates evidencing ownership of shares for a non-US company. They enable US investors to acquire and trade non-US securities denominated in US dollars.
The Level I ADR Program will enable over-the-counter (OTC) trading of unlisted ADRs representing the Temenos stock. Temenos will use the OTCQX platform, a premier market place for over-the-counter business in the US.
Description of the Program:
|1.||Type of ADR program:||Sponsored Level I ADR Program|
|2.||Ratio:||1 ADR = 1 ordinary share|
|5.||Depositary bank:||BNY Mellon|
|6.||Local custodian bank:||UBS|
For further information about our program or ADRs in general please call BNY Mellon on +1 212 815 2293 or visit the ADR website of BNY Mellon at www.bnymellon.com/dr.