ADR Program

Cadence Minerals has a sponsored Level I American Depositary Receipt (ADR) program in place which is administered by Deutsche Bank Trust Company Americas (Deutsche Bank). The Level 1 ADR program trades on the US over-the-counter (OTC) markets under the symbol KDNCY (it is not listed on a U.S. stock exchange). Each ADR represents 500 Cadence Minerals Ordinary Shares.

Ticker: KDNCY
Structure: Level I ADR
Exchange: OTC
Ratio: 1 ADR : 500 Ordinary Shares
DR ISIN: US12738Y1091
CUSIP: 12738Y109

Contact details for institutional ADR investors and brokers:
Deutsche Bank ADR broker services desks
New York: +1 212 250 9100
London: +44 207 547 6500

Contact details for registered ADR holders:
Deutsche Bank Shareholder Services
American Stock Transfer & Trust Company
Operations Center
6201 15th Avenue
Brooklyn, NY 11219

Email: DB@amstock.com
Toll free number: (866) 249 2593 (if calling from within the U.S.)
Direct Dial: +1 718 921 8124 (if calling from outside the U.S.)

Deutsche Bank, as the depositary bank for Cadence Minerals’ sponsored Level I ADR program, performs the following roles for ADR holders:

  • Records and maintains the register of ADR holders
  • Is the stock transfer agent
  • Distributes in U.S. dollars any dividends declared by the Board of Directors
  • Facilitates the proxy voting process and exercises the voting rights on behalf of ADR holders (if instructed to)
  • Issues and cancels Cadence Minerals ADRs

For those holders which are not registered because their shares are held through a ‘street name’ (nominee account), your nominee will receive company documents from time to time from Deutsche Bank to distribute to ADR holders. You need to make arrangements with your nominee if you wish to receive such documents and to be able to exercise your vote through the depositary bank at general meetings (if applicable).

Frequently Asked Questions

What is an American Depositary Receipt?

An ADR is a negotiable U.S. certificate representing ownership of shares in a non-U.S. corporation. ADRs are quoted and traded in U.S. dollars in the U.S. securities market. Dividend payments (if declared by the Board of Directors) are also paid in U.S. dollars. ADRs were specifically designed to facilitate the purchase, holding and sale of non-U.S. securities by U.S. investors and to provide a corporate finance vehicle for non-U.S. companies.

What are the benefits of ADRs to U.S. investors?

U.S. investors generally prefer to purchase ADRs rather than ordinary shares in the issuer’s home market because ADRs trade, clear and settle according to U.S. market conventions. One of the main advantages is the facilitation of diversification into foreign securities. ADRs allow easy comparison to securities of similar companies, as well as access to price and trading information. ADR holders also appreciate U.S. dollar dividend payments (if declared) and receiving corporate action notifications.

How can I find corporate action information for Cadence Minerals ADRs?

For corporate action information, please visit: http://www.adr.db.com

Please search the name ‘Cadence Minerals’ and then select the ‘Corporate Actions’ tab. Alternatively, you may contact Deutsche Bank Trust Company Americas Shareholder Services at the following toll-free number: +1 (866) 249 2593 or, for callers outside the U.S. dial +1 (718) 921 8124

Where are Cadence Minerals ADRs traded?

Cadence Minerals ADRs are traded on the U.S. over-the-counter (OTC) markets:

Ticker: KDNCY
Structure: Level I ADR
Exchange: OTC
Ratio: 1 ADR : 500 Ordinary Shares
DR ISIN: US12738Y1091
CUSIP: 12738Y109

What is the difference between a registered holder and a beneficial ADR holder?

A registered holder is one whose name appears on the books of the depositary bank, as registrar; the registered holder is considered the owner of record. A beneficial holder is one whose holdings are held in another name, such as a broker, bank or nominee.