ADR holder FAQ’s
General FAQs:
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Who are your Depositary Bank and how/why should I contact them?
Our Depositary Bank for ADR holders is JPMorgan Chase Bank (JPM). They look after our register and are responsible for ensuring that shareholder details are recorded accurately. You should contact our Depositary for anything related to your shareholding, for example:
- to inform of a change of name, address, or bank details;
- to request a reissue of a dividend cheque;
- to change how your dividends are paid;
- to inform of a lost share certificate; in case of shareholder death.
JPM can be contacted by phone or post, and their contact details can be found below. Most of these changes can also be made online, by registering for an EQ Shareowner account if you hold ADRs.
Depositary Contact Details:
JPMorgan ADR shareholder services:
Transfer Agent: EQ Shareowner Services PO Box 64504 St. Paul MN 55164-0504
Overnight correspondence should be sent to:
EQ Shareowner Services 1110 Centre Point Curve Suite 101 Mendota Heights MN 55120-4100
Website: www.shareowneronline.com
Tel: +1 877 353 1135 (US toll free)
Tel: +1 651 453 2128 (outside the USA)
Tel: +1 800 428 4237 for Global Invest Direct
Email anytime at https://www.shareowneronline.com/informational/contact-us/
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Where can I find information about share prices?
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How can I buy or sell Haleon ADRs?
Haleon’s depositary bank, JPMorgan Chase Bank N.A. (“JPMorgan”), operates a Global Invest Direct programme which allows first time and existing investors to purchase and/or sell ADRs. For further details and to obtain an enrolment pack, please visit www.shareowneronline.com.
Alternatively, please contact your bank or stock broker who should be able to advise you on how to buy Haleon ADRs.
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What is the difference between ADRs and ADSs?
An American Depository Receipt (ADR) is issued by a depository bank (JPMorgan in Haleon’s case), and is used to represent a specific number of shares of a non-US company traded on a US stock exchange. This allows non-US companies to make their shares available outside their home markets and allows investors in the US and elsewhere to easily invest in companies.
American Depository Shares (ADS) are the actual shares which are traded and, in the case of Haleon, will be listed on the New York Stock Exchange. The terms ADR and ADS are often used interchangeably. -
How do Haleon’s ADRs trade?
Haleon ADRs will be issued by the depositary bank, JPMorgan. The underlying ordinary shares are deposited by a local custodian bank, usually by a broker who has purchased the ordinary shares in the open market. Once issued, Haleon ADRs may be traded in the US on the New York Stock Exchange.
When the ADR holder sells, the ADR can either be sold to another investor in the US market or cancelled. In the latter case, the ADR is surrendered to the depositary, and the ordinary shares held with the depositary’s custodian would be released back into the home market (i.e. the UK)
A Haleon ADR holder is able to request delivery of the underlying Haleon Ordinary Shares at any time. -
Who should I contact with queries regarding ADRs?
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Can I vote at the AGM if I hold ADRs?
Holders of Haleon ADRs are entitled to instruct JPMorgan as to how to vote in relation to their shareholding at the respective Annual General Meetings or General Meetings. The voting rights are in relation to the number of Haleon Ordinary Shares represented by the respective ADRs. If you choose not to instruct JPM, your shares will not be voted.
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How do I obtain a copy of shareholder documents?
Holders of Haleon ADRs are entitled to instruct JPMorgan as to how to vote in relation to their shareholding at the respective Annual General Meetings or General Meetings. The voting rights are in relation to the number of Haleon Ordinary Shares represented by the respective ADRs. If you choose not to instruct JPM, your shares will not be voted.
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How are the dividend payments on ADRs calculated, and what currency are they paid in?
ADR dividends are paid in US dollars. The dividend amount paid on ADRs is calculated by converting the dividend amount in pounds sterling to US dollars, using the exchange rate as at close of business two days prior to the payment date.
(The US dollar dividend amount received is likely to differ from the US dollar determining rate announced in the quarterly results due to the currency fluctuations between the date the dividend is declared and two days before the payment date).
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Why does Haleon not pay dividends on ADRs in the US dollar determining rate?
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Is there a dividend reinvestment plan for ADR holders?
JPMorgan provides a Global Invest Direct programme, a direct ADS dividend reinvestment plan for ADR holders. For details on how to enrol please visit www.shareowneronline.com or call the JP Morgan helpline number above to obtain an enrolment pack.
Cautionary statements regarding forward-looking statements
Haleon cautions investors that any forward-looking statements or projections made by Haleon, including those made in this announcement, are subject to risks and uncertainties that may cause actual results to differ materially from those projected.
For further questions please contact JP Morgan using the contact details above. You can also contact Haleon Investor Relations Team at - investor-relations@haleon.com