American Depository Receipts Program

By launching a sponsored Level 1 American Depository Receipt (ADR) program, Covestro is giving global investors easier access to its shares. Covestro’s ADRs are traded on the U.S. OTC (over-the-counter) market beginning December 1, 2016, under the symbol COVTY. The program enables the company to make direct contact with registered depositary receipt investors and to broaden its shareholder base. Furthermore, employees in the U.S. will have the opportunity to take part in Covestro´s share participation program "Covestment".

American depositary receipts are issued by U.S. depositary banks as tradable securities that certify the right to shares of a non-U.S. company. Investors are thus able to invest indirectly in German companies that are not listed on a U.S. stock exchange. At the same time, securitization ensures increased transparency for investors compared to unsponsored ADRs.

The financial services provider Bank of New York Mellon operates as the depositary bank for the sponsored  ADR program.

Please find further details about the ADR trading here

Covestro ADR program 
TypeSponsored Level 1 ADR program
ExchangeOver-the-counter (OTC)
Ticker SymbolCOVTY
CurrencyUS Dollar
Ratio2 ADRs : 1 ordinary share
CUSIP22304D207
ISINUS22304D2071
Depositary bankThe Bank of New York Mellon

 

 

Contact details for ADR holders:
Phone (U.S.A.):                        1-888 BNY- ADRS
Phone (outside U.S.A.):            1-201-680- 6825
E-mail: shrrelations(at)cpushareownerservices.com
Website: www.mybnymdr.com

Address for regular correspondence:
BNY Mellon Shareowner Services
P.O. Box 30170
College Station, Texas 77842-3170, U.S.A.                                                                                               

Address for express mail:
BNY Mellon Shareowner Services
211 Quality Circle, Suite 210
College Station, Texas 77845, U.S.A. 

Contact details for ADR brokers and institutional investors:
Website: www.adrbnymellon.com
E-mail New York: adrdesk(at)bnymellon.com 
E-mail global: DRBrokerSolutions(at)bnymellon.com


This information does not constitute an offer to sell or a solicitation of an offer to buy any securities of                 Covestro AG.

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