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BTR Siebe plc: ADR Program.


WINDSOR, England--(BUSINESS WIRE)--Feb. 16, 1999--United Kingdom-based BTR BTR Rupee (currency of Bhutan)
BTR Board of Technical Registration
BTR Born to Run (Bruce Springsteen song)
BTR Bureau of Tourism Research (Australia)
BTR Back To Reality
 Siebe plc today announced that it is merging the BTR plc ("BTR") and BTR Siebe plc (formerly Siebe plc) ADR ADR - Astra Digital Radio  facilities into one facility.

The Bank of New York The Bank of New York, abbrieviated to BNY, was a global financial services company that existed until its merger with the Mellon Financial Corporation on July 2, 2007.[1] The bank now continues under the new name of The Bank of New York Mellon Corporation.  has been appointed as the new depositary. On February 4, 1999, pursuant to a scheme of arrangement all BTR ordinary shareholders received 0.533 ordinary shares of BTR Siebe.

Siebe American Depositary Shares American Depositary Share (ADS)

Foreign stock issued in the US and registered in the ADR system.
 ("ADSs") currently represent two ordinary shares of BTR Siebe and BTR ADSs currently represent four ordinary shares of BTR (now 2.132 BTR Siebe ordinary shares following the scheme of arrangement).

The new deposit arrangements provide that each BTR Siebe ADS will represent two ordinary shares of BTR Siebe plc. The Bank of New York will provide ADR holders of BTR Siebe and BTR with a letter explaining the change in depositaries and any actions which must be taken.

If you have any questions, please contact the following individuals at The Bank of New York:

In New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 

Julio Lugo

Tel No.: 815-2175

Steve Farber

Tel No.: 815-3874
COPYRIGHT 1999 Business Wire
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Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1U2NY
Date:Feb 16, 1999
Words:179
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