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Fletcher Building Limited — Capital/Financing Update 2017
Dec 21, 2017
66193_rns_2017-12-22_9ddecbd0-20ca-40c6-bd51-3fc46e715179.pdf
Capital/Financing Update
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Fletcher Building makes changes to ADR programme
Auckland, December 22 2017: Fletcher Building has today appointed Deutsche Bank as its new depositary bank for its sponsored Level I American Depositary Receipt (ADR) programme. Deutsche Bank replaces Citibank which had acted as the Depositary Bank for the programme over the last seven years.
Fletcher Building’s ADRs trade over the counter in the United States of America (US) under the ticker FCREY, with each ADR representing two ordinary Fletcher Building shares.
US investors may prefer to purchase ADRs rather than ordinary shares in Fletcher Building Limited’s home market because ADRs trade, clear and settle according to US market conventions.
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For further information please contact:
Leela Gantman Rodney Deacon Head of Communications Head of Investor Relations +64 27 541 6338 +64 21 631 074 [email protected] [email protected]