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SUNCORP GROUP LIMITED — Capital/Financing Update 2013
Nov 18, 2013
65879_rns_2013-11-18_68492079-d65b-4cf5-b261-0877d8ea7cd1.pdf
Capital/Financing Update
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ASX announcement
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19 November 2013
Suncorp Sponsored Level 1 American Depositary Receipt Program
Suncorp Group Limited (Suncorp) today announced it will sponsor an American Depository Receipt (ADR) program to improve access for investors in the United States.
Citi has been appointed depositary bank for the program which started trading Monday 18 November 2013 and replaces the current unsponsored ADR programs. Suncorp’s ADRs trade in the US, over-the-counter (OTC), under the symbol SNMCY.
One Suncorp ADR represents one existing Suncorp share. The ADR program does not involve the issuance of new shares or the raising of new capital by the Group.
ADRs allow US investors to buy shares in foreign companies without the need for cross-border or cross-currency transactions. They are priced and pay any dividends in US dollars and can be traded like shares of US-based companies.
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For more information contact:
Analysts/Investors: Andrew Dempster +44 (0) 7500 045 746 Media: Michelle Barry +61 (0) 402 892 789
Suncorp Group Limited (ASX: SUN) is one of the top 20 companies listed on the Australian Securities Exchange (ASX). Suncorp Group includes leading general insurance, banking and life insurance brands in Australia and New Zealand. The Group has A$96 billion in assets, 15,000 employees and relationships with nine million customers.
The Group trades under the codes: SUN (fully paid ordinary shares); SUNPC (convertible preference shares); and SUNPD (subordinated notes); SNMCY (US ADR).
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Suncorp Group Ltd- ABN 66 145 290 124 - GPO Box 1453, Brisbane QLD 4001 www.suncorpgroup.com.au | @SuncorpGroup