JPMorgan Announces America Movil ADR Programs.Business Editors NEW YORK--(BUSINESS WIRE)--Feb. 7, 2001 JPMorgan, serving as depositary bank and financial advisor, announced the launch of the America Movil S.A. de C.V. American Depositary Receipt American Depositary Receipt (ADR) Certificates issued by a US depository bank, representing foreign shares held by the bank, usually by a branch or correspondent in the country of issue. (ADR ADR - Astra Digital Radio ) programs. America Movil, a spin-off from Telefonos de Mexico, S.A. de C.V. ("Telmex"), is Latin America's largest cellular communications provider. Trading in America Movil Series L (NYSE NYSE See: New York Stock Exchange : AMX AMX American Motors Experimental AMX Aeromexico Aerovias de Mexico (ICAO code) AMX Air Mobility Express AMX Amberjacks (FAO fish species code) AMX Alabama Motor eXpress ) and Series A (Nasdaq: AMOV AMOV Active Movie ) ADRs began today. America Movil has more than 10.5 million cellular subscribers and telecommunication investments in several countries throughout the region. Telmex is the leading telecommunications company in Mexico. Spin-off details For each share of Telmex Series L ADRs owned (NYSE: TMX TMX Translation Memory eXchange TMX Trimix (mixture of oxygen, helium and nitrogen used by divers) TMX Tandem Mirror Experiment TMx Time Management System TMX Transparent Matrix (switch; Hekimian) ), and for each share of Telmex Series A ADRs owned (Nasdaq: TFONY), Telmex ADR holders received an equal number of America Movil Series L (NYSE: AMX) or Series A (Nasdaq: AMOV) ADRs. The following are the details for the America Movil spin-off:
ADR record date: February 6, 2001
ADR distribution/effective date: February 7, 2001
Exchanges/Symbols: NYSE, Series L ADRs, AMX
Nasdaq, Series A ADRs, AMOV
Ratios: 1 ADR: 20 Series L shares
1 ADR: 20 Series A shares
CUSIP for Series L ADRs: 02364W 10 5
CUSIP for Series A ADRs: 02364W 20 4
Share classes: Series L and Series A shares
Country of incorporation: Mexico
Industry: Telecommunications
Depositary: Morgan Guaranty Trust
Company of New York
Custodian: Banco Inbursa, S.A.
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