ADR Programme
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ADR Programme

American Depositary Receipt Programme

ADR Programme

The American Depositary Receipt (ADR) programme offers a convenient way for residents of the United States to invest in Coloplast A/S. An ADR is a negotiable US certificate representing ownership of shares in a non-US corporation. ADRs are quoted and traded in US dollars in the US securities market. Also, dividends are paid to investors in US dollars.
Coloplast’s Level 1 ADR facilitates investment in Coloplast A/S by North American (and other USD) investors. The Coloplast ADRs trade over-the-counter.

Benefits of ADRs to US Investors

  • Clear and settle according to normal US standards
  • Offer the convenience of stock quotes and dividend payments in US dollars
  • Can be purchased/sold in the same way as other US stocks via a US broker
  • Provide a cost-effective means of international portfolio diversification
  • Ability to acquire the underlying securities directly upon cancellation

ADR Information

Symbol: CLPBY
Structure: Level 1 ADR
Exchange: OTC
CUSIP: 19624Y101
DR ISIN: US19624Y1010
Ratio: 10 ADRs: 1 ordinary share
Country: Denmark
Underlying SEDOL: B8FMRX8
Underlying ISIN: DK0060448595
Depositary Bank: BNY Mellon

 

The Coloplast ADR profile can be searched on www.adrbnymellon.com

Depositary Bank BNY Mellon

Corporate Headquarters:
BNY Mellon
240 Greenwich Street
New York, NY 10286
USA
Main tel.: +1 212 495 1784

 

Visit website

Broker Desk for Institutional Investors

New York (Rick Maehr):
Direct tel.: +1 212 815 2275
adrdesk@bnymellon.com

London (Mark Lewis):
Direct tel.: +44 (0)20 7964 6089
mark.lewis@bnymellon.com

Contact Details for all Depositary Receipt Holders and Owners

Regular mail:
BNY Mellon
P.O. Box 505000
Louisville, KY 40233-5000

 

Overnight mail:
BNY Mellon
462 South 4th Street – Suite 1600
Louisville, KY 40202

 

E-mail:
shrrelations@cpushareownerservices.com

 

Telephone inquiries:
Domestic tel.: 888 269 2377
Outside US tel.: +1 201 680 6825

 

Account Access for Depositary Receipts

FAQ - Frequently asked questions about ADR

What is an ADR?

An American Depositary Receipt (ADR) is a receipt representing ordinary or common shares of non-US company security that trades in the US. As ADRs are priced in US dollars, investors can buy ADRs in the same way as they purchase or sells shares of US securities. Get more information on ADRs.

 

How can I buy an ADR?

You can buy an ADR through a broker just as you would buy US securities.

 

Can I purchase ADRs directly from Coloplast?

No. 

 

How do I convert my ordinary shares into ADRs?

Converting ordinary shares into ADRs must be done through a broker or an investment advisor. 

 

How are ADR dividends paid and taxed?

Dividends are paid in US dollars and are generally taxable like dividends on US shares. In addition, taxes may be withheld by the ADR Company’s local government. Depending on individual circumstances, foreign taxes withheld might be applied as a credit against US taxes or tax reclaim opportunities may be offered. 

 

How can I find out dividend and corporate action information on Coloplast?

For dividend and corporate information, please visit the BNY Mellon website and double click on the "Dividends and Distributions" section.

You can also use the search function at the top of the screen, type in the company name or ticker, and find dividends and other key information under the company's profile.

 

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 as a registrar; the registered holder is considered the owner of the record. A beneficial holder is one whose holdings are held in a name other than their own, such as the name of a broker, bank, or nominee.