American Depositary Receipt (ADR) information
On 20 July 2017, Air New Zealand launched a sponsored Level 1 American Depositary Receipt (ADR) programme with Deutsche Bank Trust Company Americas.
The depositary bank plays a key role in issuance as well as cancellation of ADRs. It also maintains the ADR holder register and distributes the dividends to ADR holders in U.S. dollars.
Air New Zealand Limited's programme is sponsored by Deutsche Bank. As a depositary bank, Deutsche Bank performs the following roles:
- Issues and cancels Air New Zealand Limited ADRs
- Records and maintains the register of ADR holders
- Is the stock transfer agent
- Distributes dividends in US dollars (if applicable)
- Facilitates the proxy voting process and exercises the voting rights on behalf of ADR holders (if applicable)
- Distributes company circulars and Annual General Meeting documentation (if applicable)
For those holders which are not registered because their shares are held through a 'street name' (or nominee account), your nominee will receive company documents from time to time from Deutsche Bank to distribute to you. You need to make arrangements with your nominee if you wish to receive such documents and to be able to exercise your vote through the depository bank at general meetings (if applicable).
Structure: Level 1 ADR
Exchange: Over-the-market (OTC)
Ratio of ADRs to ordinary shares: The ratio change from 1:20 to 1:5 will occur on August 14 (the record date for the ratio change will be August 11)
DR ISIN: US0091362014
CUSIP: 009136 201
Contact details for ADR investors and brokers
Contact details for registered ADR holders
Frequently asked questions regarding ADRs
The following information does not contain all information that may be important to you. For more complete information, we highly recommend that you read the entire deposit agreement and the form of American Depositary Receipt, which contains the American Depositary Shares terms. You can access this information by going to the United States Securities and Exchange Commission website and typing in "Air New Zealand" under the company name field.