J.P. Morgan Announces ForeningsSparbanken AB's Swedbank FGSKY One-For-Two Bonus Issue For Its ADRs.NEW YORK--(BUSINESS WIRE)--May 24, 1999-- J.P. Morgan (JPM JPM J. P. Morgan Chase & Co. (stock symbol) JPM Juan Pablo Montoya (formula 1 driver) JPM Jabatan Perdana Menteri (Malaysia) JPM Journal of Property Management ) is pleased to announce a one-for-two bonus issue for ForeningsSparbanken AB's (Swedbank) (FGSKY) over-the-counter (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). ) American depositary receipts (ADRs).
ADR effective date: June 2, 1999
ADR record date: June 4, 1999
ADR mailing/payment date: June 11, 1999
Symbol: FGSKY
Ratio: 1 ADS : 1 ordinary share
CUSIP: 34551P 10 6
Share class: Ordinary shares
Par value: SEK 20
Country of incorporation: Sweden
Industry: Banking
Traded on: OTC
Depositary: Morgan Guaranty Trust Company
Custodian: Swedbank, Stockholm
ForeningsSparbanken AB (Swedbank) announced a one-for-two bonus of its ordinary shares of par value SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 20. To effect this change, one additional ADS will be distributed for every two ADSs held. ADR ADR - Astra Digital Radio holders will receive cash in lieu Cash In Lieu (CIL) In a typical exchange offer, "old" shares of the target company are exchanged for "new shares". of any resulting fractional ADSs. Existing ADRs will remain valid and will not need to be exchanged for new ones. For comprehensive security details on more than 1,800 ADRs, visit: www.adr.com, J.P. Morgan's central source for timely worldwide ADR market intelligence and investor information. Bookmark A stored location for quick retrieval at a later date. Web browsers provide bookmarks that contain the addresses (URLs) of favorite sites. Most electronic references, large text databases and help systems provide bookmarks that mark a location users want to revisit in the future. adr.com's Company directory at: www.adr.com/excom?adrdirectory For more information about J.P. Morgan, please visit: www.jpmorgan.com An ADS, or American depositary share American Depositary Share (ADS) Foreign stock issued in the US and registered in the ADR system. , is a U.S. dollar denominated form of equity ownership in a non-U.S. company. It represents a specified number of foreign shares on deposit at a custodian bank Custodian bank Applies mainly to international equities. Bank or other financial institution that keeps custody of stock certificates and other assets of a mutual fund, individual, or corporate client. See: Depository Trust Company (DTC) in the issuer's home country and carries the corporate and economic rights of the underlying foreign shares. An ADR, or American depositary receipt is a certificate evidencing ownership of a certain number of ADS shares. The term ADR is sometimes used to refer to ADS. Neither this announcement nor the information contained herein constitutes an offer or solicitation by J.P. Morgan for the purchase or sale of any securities nor does it constitute a solicitation to any person in any jurisdiction where solicitation would be unlawful. Information herein is believed to be reliable but J.P. Morgan does not warrant its completeness or accuracy. |
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