An American Depositary Receipt (ADR) is a US dollar denominated negotiable certificate that represents ownership of shares in a non-US company.
Each ADR is issued by a U.S. depositary bank (which is a bank in the US which oversees all the stock transfer and agency services in connection with a depository receipt program) and represents one or more shares of a foreign stock or a fraction of a share. Investors that own ADRs may instruct the depositary to exchange the ADRs forth foreign stock they represent, but U.S. investors usually find it more convenient to own the ADRs. ADRs were specifically designed to facilitate the purchase, holding and sale of non-U.S. securities by US investors.
Heineken N.V. and Heineken Holding N.V. ADRs represent Heineken N.V. or Heineken Holding ordinary shares, respectively, deposited with the depositary bank (Deutsche Bank Trust Company Americas), and carry the rights attached to them as detailed in the Deposit Agreement. Holders of ADRs receive dividends in US dollars and have the right to instruct the depositary regarding the exercise of any voting rights associated with the shares that are represented by the ADRs they hold.
The terms ADR and ADS are often used interchangeably. Individual shares of a foreign corporation represented by an ADR are called American Depository Shares (ADS). This is the instrument that is actually traded. Although the terms ADR and ADS are used interchangeably, the difference is that an ADR is the certificate while the ADSs are the shares.
There are two distinct HEINEKEN ADR programs:
Heineken N.V.
Ticker: HEINY
CUSIP code: 4230123014
ISIN code: US423012301
Heineken Holding N.V.
Ticker: HKHHY
CUSIP code: 423008101
ISIN code: US4230081014
This is the relation between the number of ADRs and the number of ordinary shares represented by the ADR. The ADR ratio for both the Heineken N.V. and Heineken Holding N.V. ADR programs is 2:1, i.e. two HEINEKEN ADRs represent one HEINEKEN ordinary share.
Neither the Heineken N.V. nor the Heineken Holding N.V. ADRs are listed on any US stock exchange. They can be traded over-the-counter (OTC) in the US, including on the OTC Markets Group electronic market platform. The ADRs trade on the “Pink” tier of the OTC Markets Group’s electronic platform. The CUSIP Number is 4230123014 for HEINEKEN and 423008101 for Heineken Holding.
You may buy/sell ADRs through your broker.
Not at the present time. Heineken N.V. and Heineken Holding N.V. shares must be bought and sold through a licensed stockbroker.
If you do not hold via a broker, bank or nominee, please contact our transfer agent:
Deutsche Bank Shareholder Services
c/o American Stock Transfer & Trust Company
Peck Slip Station
P.O. Box 2050
New York, NY 10272-2050
Email: [email protected]
Toll-free number: +866 706 0509
Direct Dial: +1 718 921 8124
If you do not hold via a broker, bank or nominee, please contact our transfer agent:
Deutsche Bank Shareholder Services
c/o American Stock Transfer & Trust Company
Peck Slip Station
P.O. Box 2050
New York, NY 10272-2050
Email: [email protected]
Toll-free number: +866 706 0509
Direct Dial: +1 718 921 8124
Yes. Certificates can be combined by contacting our transfer agent:
Deutsche Bank Shareholder Services
c/o American Stock Transfer & Trust Company
Peck Slip Station
P.O. Box 2050
New York, NY 10272-2050
Email: [email protected]
Toll-free number: +866 706 0509
Direct Dial: +1 718 921 8124