Investor Relations > Financial Information > ADR Program

ADR Program

ADR Overview

Minerva established a sponsored Level I American Depositary Receipt (ADR) program in 2011 with Deutsche Bank Trust Company Americas (Deutsche Bank).

Ticker: MRVSY
Structure: Level I ADR
Exchange: Over-the-counter (OTC) market
Ratio (ADR:ORD) : 1 ADSs : 4 ORD
DR ISIN: US60342R1014
CUSIP: 60342R101

Contact details for ADR investors and brokers:

Deutsche Bank ADR broker services desks
New York: Tel +1 212 250 9100
London: +44 207 547 6500

Contact details for registered ADR Holders:

Deutsche Bank Shareholder Services
American Stock Transfer
Operations Center
6201 15th Avenue
Brooklyn, NY 11219

Email: DB@astfinancial.com

Toll-free number: (866) 706-0509
Direct Dial: (718) 921-8137

The Company‘s ADR program is sponsored by Deutsche Bank. As the Depositary bank Deutsche Bank performs the following roles for ADR holders:

- Records and maintains the register of ADR holders
- Is the stock transfer agent
- Distributes dividends in U.S. dollars (if applicable)
- Facilitates the proxy voting process and exercises the voting rights on behalf of ADR holders (if applicable)
- Issues and cancels Minerva ADRs
- Can distribute company circulars and Annual General Meeting documentation (if applicable)

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).

ADR FAQs

The following information does not contain all information that may be important to you. For more complete information, we highly recommend that you read the entire deposit agreement and the form of American Depositary Receipt, which contains the American Depositary Shares terms.

What is an American Depositary Receipt (ADR)?

ADRs are a negotiable US dollar denominated certificate representing ownership of shares in a non-US company. Minerva‘s ADRs represent Minerva‘s ordinary shares deposited with the depositary bank, to underlie such certificates and carry the rights attached to them as detailed in the Depositary Agreement. Holders of ADRs receive dividends in US dollars (if applicable) and have the right to vote on shareholders resolutions. The term ADR and ADS are often used interchangeably. ADRs were specifically designed to facilitate the purchase, holding and sale of non-U.S. securities by US investors.

What is an ADR ratio?

This is the relation between the number of ADRs and the number of ordinary shares. Every Minerva ADR represents 4 ordinary Minerva shares.

What are the benefits of ADRs to US investors?

U.S. investors may 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 ADRs‘ top advantages is the facilitated diversification into foreign securities. ADRs also allow easy comparison to securities of similar companies as well as access to price and trading information.

What types of companies issue ADRs?

ADR issuers are typically large multinational corporations. Any non-U.S. company seeking to raise capital in the U.S. or increase their base of U.S. investor can issue ADRs.

Is it easy to get information and updates on Minerva?

Information is widely available on Minerva‘s website http://www.minervafoods.com/ri Investors can sign up to receive press releases in English on the Company‘s website (if applicable). Trading information is readily available on the OTC Markets Group website and our Depositary bank‘s website www.adr.db.com

Where are Minerva ADRs traded?

Minerva ADRs are traded in the OTC (over the counter) market. You can refer to http://www.otcmarkets.com and www.adr.db.com

Who is Minerva‘s depositary for ADRs?

Deutsche Bank Trust Company Americas. The depositary bank plays a key role in issuance as well as cancellation of ADRs. It also maintains the ADR holder register, distributes the dividends in US dollars (if applicable) and facilitates the exercise by the ADRs holders of their voting rights (if applicable).

What is the difference between a Registered ADR holder and a Beneficial ADR holder?

A registered holder is one whose name appears on the books of the depositary bank. The registered holder is considered the owner of record. A beneficial holder is one whose holdings are registered in a name other than their own, such as in the name of a broker, bank or nominee.

How do I convert my ordinary shares into ADRs?

Converting ordinary shares into ADRs must be done through a broker investment advisor or through Deutsche Bank Trust Company Americas. You can contact Deutsche Bank broker services desk on +1 212 250 9100 or +44 207 547 6500

How may I check how many ADRs I hold?

If you do not hold via a broker, bank or nominee, please contact our transfer agent: Deutsche Bank Shareholder Services American Stock Transfer & Trust Company Peck Slip Station P.O. Box 2050 New York, NY 10272-2050 Email: DB@amstock.com Toll-free number: +1 866 706 0509 Direct Dial: +1 718 921 8137 To receive your Minerva Annual Report, or other shareholder or company information please contact Investors Relations via Minerva‘s website http://www.minervafoods.com/ri

How may I find out corporate action information on Minerva?

For corporate action information, please visit: http://www.minervafoods.com/ri or http://www.adr.db.com. Search for Minerva and then select Corporate Actions tab. Alternatively you may contact Deutsche Bank Trust Company Americas Shareholder Services on toll-free number +1 866 706 0509 or Direct Dial: +1 718 921 8137.

How do I obtain historical share prices of Minerva‘s ADRs, for the purpose of completing my tax return?

Historical share prices for Minerva‘s ADRs can be found on Deutsche Bank website (http://www.adr.db.com) or on the OTC Markets website (http://www.otcmarkets.com).