DGAP-News
CANCOM SE launches ADR program in the USA
DGAP-News: CANCOM SE / Key word(s): Miscellaneous
CANCOM SE launches ADR program in the USA
11.04.2014 / 16:29
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CANCOM SE launches ADR program in the USA
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Munich, Germany, 11 April 2014 - CANCOM SE launches a sponsored Level 1
American Depositary Receipt (ADR) program in the United States ("US"). ADRs
are US dollar denominated securities representing CANCOM SE ordinary shares
listed on the Frankfurt stock exchange and allow US investors to
indirectly purchase shares of CANCOM SE in the US market. Deutsche Bank
Trust Company Americas ("Deutsche Bank") are the depositary bank for the
CANCOM SE ADR program.
'Our goal is to expand our investor base in the USA, which is undoubtedly
the largest capital market in the world, in order to build an even broader
and more international investor base. With ADRs, US investors have the
opportunity to easily invest in CANCOM on a dollar basis who cannot hold
our shares directly or for whom the ADR is a more cost-effective and
convenient way to invest. With Deutsche Bank we have found the right
partner for this important step', says Klaus Weinmann, CANCOM CEO, on the
establishment of the ADR program.
The CANCOM SE Level 1 ADRs will trade in the US over-the-counter (OTC)
market. 4 ADRs represent one ordinary CANCOM share (ratio 4 ADR: 1ORD). The
ADR program does not involve the issuance of new shares or the raising of
new capital by the Company.
Level 1 ADR Program CANCOM SE: Facts
Custodian bank: Deutsche Bank Trust Company Americas
CUSIP: 13740C101
ISIN: US13740C1018
Symbol: CNCXY
Exchange: OTC
Ratio: 4 ADR : 1 Ordinary Share
Eligibility: DTC
Diclaimer:
Neither this announcement nor the information contained herein constitutes
an offer or solicitation by CANCOM SE for the purchase or sale of any
securities.
Contact:
Beate Rosenfeld
Manager Corporate Communication & IR
CANCOM SE
Erika-Mann-Straße 69
80636 München
Germany
Phone: +49 (0) 89 / 54054 5193
mail to: beate.rosenfeld@cancom.de
www.cancom.de
End of Corporate News
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11.04.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: CANCOM SE
Erika-Mann-Straße 69
80636 München
Germany
Phone: +49-(0)89/54054-0
Fax: +49-(0)89/54054-5119
E-mail: info@cancom.de
Internet: http://www.cancom.de
ISIN: DE0005419105
WKN: 541910
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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262927 11.04.2014
American Depositary Receipt (ADR) program in the United States ("US"). ADRs
are US dollar denominated securities representing CANCOM SE ordinary shares
listed on the Frankfurt stock exchange and allow US investors to
indirectly purchase shares of CANCOM SE in the US market. Deutsche Bank
Trust Company Americas ("Deutsche Bank") are the depositary bank for the
CANCOM SE ADR program.
'Our goal is to expand our investor base in the USA, which is undoubtedly
the largest capital market in the world, in order to build an even broader
and more international investor base. With ADRs, US investors have the
opportunity to easily invest in CANCOM on a dollar basis who cannot hold
our shares directly or for whom the ADR is a more cost-effective and
convenient way to invest. With Deutsche Bank we have found the right
partner for this important step', says Klaus Weinmann, CANCOM CEO, on the
establishment of the ADR program.
The CANCOM SE Level 1 ADRs will trade in the US over-the-counter (OTC)
market. 4 ADRs represent one ordinary CANCOM share (ratio 4 ADR: 1ORD). The
ADR program does not involve the issuance of new shares or the raising of
new capital by the Company.
Level 1 ADR Program CANCOM SE: Facts
Custodian bank: Deutsche Bank Trust Company Americas
CUSIP: 13740C101
ISIN: US13740C1018
Symbol: CNCXY
Exchange: OTC
Ratio: 4 ADR : 1 Ordinary Share
Eligibility: DTC
Diclaimer:
Neither this announcement nor the information contained herein constitutes
an offer or solicitation by CANCOM SE for the purchase or sale of any
securities.
Contact:
Beate Rosenfeld
Manager Corporate Communication & IR
CANCOM SE
Erika-Mann-Straße 69
80636 München
Germany
Phone: +49 (0) 89 / 54054 5193
mail to: beate.rosenfeld@cancom.de
www.cancom.de
End of Corporate News
---------------------------------------------------------------------
11.04.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: CANCOM SE
Erika-Mann-Straße 69
80636 München
Germany
Phone: +49-(0)89/54054-0
Fax: +49-(0)89/54054-5119
E-mail: info@cancom.de
Internet: http://www.cancom.de
ISIN: DE0005419105
WKN: 541910
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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262927 11.04.2014
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