Severn Trent has a sponsored Level 1 American Depositary Receipt (ADR) program, for which The Bank of New York Mellon acts as Depositary.
The Level 1 ADR program trades on OTCQX which is the premier tier of the in the US over-the-counter (OTC) market under the symbol STRNY (it is not listed on a US stock exchange).
Each ADR represents 1 Severn Trent Ordinary Share.
If you have any enquiries regarding Severn Trent ADRs please contact BNY Mellon.
BNY Mellon Shareowners Services
P.O. Box 30170
If calling from within the US: (888) 269 2377 (toll-free)
If calling from outside the US: +1 201 680 6825
By email: firstname.lastname@example.org
What is an American Depositary Receipt?
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. Dividend payments are also paid in US dollars. ADRs were specifically designed to facilitate the purchase, holding and sale of non-US securities by US investors and to provide a corporate finance vehicle for non-US companies.
What are the benefits of ADRs to US investors?
US investors generally prefer to purchase ADRs rather than ordinary shares in the issuer’s home market because ADRs trade, clear and settle according to US 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 US dollar dividend payments (if declared) and receiving corporate action notifications.
Where are Severn Trent ADRs traded?
Severn Trent ADRs are traded on OTCQX – the premier tier of the US over-the-counter (OTC) market:
Country: United Kingdom
Industry: Gas, H20 & Multiutility
Depositary: BNY Mellon (Sponsored)
Effective Date: Mar 5, 2012
Underlying SEDOL: B1FH8J7
Underlying ISIN: GB00B1FH8J72
US ISIN: US81814P2092
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 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.