Informa has a sponsored Level 1 American Depository Receipt (“ADR”) programme, for which The Bank of New York Mellon acts as Depository. The Level 1 ADR programme trades on the US over-the-counter (OTC) market, under the symbol IFJPY (it is not listed on a US stock exchange). Each ADR represents 2 Informa Ordinary Shares.
For any enquiries on Informa PLC ADRs, contact BNY Mellon:
General Line: +1 212 815 2293
Broker Line: +1 212 815 2213
BNY Mellon, Depositary Receipts
101 Barclay Street, 22nd Floor
New York, New York 10286
Frequently Asked Questions
What is an American Depository Receipt (ADR)?
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 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 receiving U.S. dollar dividend payments (if declared) and receiving corporate action notifications.
How can I buy or sell ADRs?
As ADRs are U.S. securities, most U.S. stockbrokers can assist with the purchase or sale of ADRs.
Where are Informa PLC ADRs traded?
Informa PLC ADRs are traded on the over-the-counter market.
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 Depository, 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.