Lundin Energy
  • Home
  • About us
    • Vision & strategy
    • History
    • Corporate governance
      • Guiding principles
      • Articles of association
      • Remuneration
      • Long-term incentive plan
      • Nomination committee
      • Internal control
      • Risk management
      • Statutory auditor
      • Sudan legal case
    • Shareholders’ meetings
      • Previous shareholders’ meetings
    • Board of directors
      • Board duties & committees
    • Senior management
      • Management duties
    • Sponsorships
    • Lundin people
    • Employment
  • Operations
    • Producing assets
      • Johan Sverdrup
      • Edvard Grieg
      • Alvheim Area
    • Organic growth
      • New projects
      • Exploration & appraisal
      • Licence Map
    • Reserves & resources
      • Definitions
    • Renewable projects
  • Sustainability
    • Climate change
      • Decarbonisation strategy
    • Environmental protection
      • Biodiversity
      • Water & waste
      • Oil spill preparedness
      • Decommissioning
    • Safe operations
      • Health & safety
      • Emergency preparedness
    • People & society
      • Diversity & employment
      • Human rights
      • Stakeholder engagement
      • Lundin Foundation
    • Sustainability governance
    • Sustainability data
  • Investors
    • The share
      • Share price look-up
    • Financial reporting
    • Key financial data
    • Financial calendar
    • Shareholder statistics
    • Dividends
    • ADR programme
    • Analyst & consensus
      • Consensus
    • Historical tax pools
    • Credit rating
    • Investor pack
  • News & media
    • Press release
    • Presentations
    • Webcasts
    • Photos
    • Videos
  • Search
  • Menu Menu
  • Lundin Energy - Edvard Grieg Helipad

ADR programme

Level 1 sponsored ADR programme
In September 2016, Lundin Energy established a Sponsored Level 1 American Depositary Receipt (ADR) programme in the United States.

ADRs are depositary receipts traded in the United States over-the-counter market (OTC). Each ADR represents an ownership interest in one ordinary share in Lundin Energy.

Deutsche Bank is acting as the depositary bank for this ADR programme.

Ticker Symbol: LNEGY
Structure: Level 1 ADR
Exchange: Over-the-counter (OTC)
Ratio (ADR:Ordinary Lundin Energy share): 1:1
ADR CUSIP: 55037R 200
ADR ISIN: US55037R2004

Depositary Receipt contact:

Deutsche Bank Trust Company Americas
www.adr.db.com
adr@db.com

Markets Distribution
London: +44 (0) 20 7547 6500
New York: +1 212 250 9100
Hong Kong: +852 2203 7854

ADR FAQs

The following is for informational purposes only and should not be relied upon for the purpose of making investment decisions concerning any securities of Lundin Energy. This information does not contain all information that may be important to you. For more complete information, we highly recommend that you read the entire deposit agreement and the form of American Depositary Receipt, which contains the American Depositary Shares terms, and seek your own investment, legal and tax advice.

What is an American Depositary Receipt (ADR)?
ADRs are a negotiable US dollar denominated certificate representing ownership of shares in a non-US company. Lundin Energy’s ADRs represent Lundin Energy’s ordinary share deposited with the depositary bank, to underlie such certificates and carry the rights attached to them as detailed in the Depositary Agreement. Holders of ADRs receive dividends in US dollars if and when declared by the Company and have the right to vote at shareholder meetings, if duly registered to do so. The term ADR and ADS are often used interchangeably. ADRs were specifically designed to facilitate the purchase, holding and sale of non-U.S. securities by US investors.

What is an ADR ratio?
This is the relation between the number of ADRs and the number of ordinary shares. Each one Lundin Energy ADR represents one Lundin Energy ordinary share.

What are the benefits of ADRs to US investors?
U.S. investors may prefer to purchase ADRs rather than ordinary shares in the issuer’s home market because ADRs trade, clear and settle according to U.S. market conventions. ADRs also allow easy comparison to securities of similar companies as well as access to price and trading information.

Why did you establish an ADR programme?
Lundin Energy established the ADR programme to make it easier for US investors to buy the shares of Lundin Energy.

What effect do you expect the ADR programme to have on your shareholder base?
We hope that the ADR program encourages US investors to buy shares in Lundin Energy as it will now be easier for them to do so.

Is it easy to get information and updates on the Lundin Energy ADR?
Trading information is readily available on the Depositary bank’s website:
https://www.adr.db.com/drweb/dr_details.html?identifier=8017&identifierType=DRID

Where are Lundin Energy ADRs traded?
Lundin Energy ADRs are traded Over-the-counter (OTC)

What is the OTC market?
The OTC market is a decentralized market of securities that are not listed on a stock exchange. Trading on the OTC market occurs via a network of dealers who carry inventories of securities to facilitate the buy and sell orders of investors.

Who is Lundin Energy’s depositary for ADRs?
Deutsche Bank Trust Company Americas. The depositary bank plays a key role in issuance as well as cancellation of ADRs. It also maintains the ADR holder register, distributes the dividends in US dollars (if applicable) and facilitates the exercise by the ADRs holders of their voting rights (if applicable).

What currency are Lundin Energy ADRs denominated in?
Lundin Energy ADRs are denominated in US dollars.

Are you issuing extra shares of Lundin Energy AB? Does the ADR programme increase Lundin Energy’s share capital?
No, this is not a share issue and the ADR program does not increase Lundin Energy’s share capital. The share capital will remain the same as prior to the launch of the ADR programme.

What is the difference between a Registered ADR holder and a Beneficial ADR holder?
A registered holder is one whose name appears on the books of the depositary bank. The registered holder is considered the owner of record. A beneficial holder is one whose holdings are registered in a name other than their own, such as in the name of a broker, bank or nominee.

How do I convert my ordinary shares into ADRs?
Converting ordinary shares into ADRs must be done through a broker, investment advisor, or for registered holders through Deutsche Bank Trust Company Americas. You can contact Deutsche Bank broker services desk on +1 212 250 9100 or +44 207 547 6500

How may I check how many ADRs I hold?
If you do not hold via a broker, bank or nominee, please contact our transfer agent:

Deutsche Bank Shareholder Services
American Stock Transfer & Trust Company
Peck Slip Station
P.O. Box 2050
New York, NY 10272-2050

Email: DB@amstock.com
Toll-free: +1 866 249 2593
Direct Dial: +1 718 921 8137

INVESTORS


The share
Share price look-up
Financial reporting
Key financial data
Financial calendar
Shareholder statistics
Dividends
ADR programme
Analyst & consensus
Consensus
Historical tax pools
Credit rating
Investor pack

 

  • Facebook
  • Linkedin
  • Instagram
  • Youtube
Lundin Energy App

QUICK LINKS
• Information på svenska
• Global Privacy Notice
• Cookie Policy
• Legal Notice
• Lundin Energy Norway Website
Contact us
Scroll to top

This site uses cookies. You can give or withdraw your consent globally or
manage your cookies preferences at any time by clicking on the following buttons.

I accept all cookiesI refuse all cookiesManage cookies

Cookie and Privacy Settings



How we use cookies

We may request cookies to be set on your device. We use cookies to let us know when you visit our websites, how you interact with us, to enrich your user experience, and to customize your relationship with our website.

Click on the different category headings to find out more. You can also change some of your preferences. Note that blocking some types of cookies may impact your experience on our websites and the services we are able to offer.

Essential Website Cookies

These cookies are strictly necessary to provide you with services available through our website and to use some of its features.

Because these cookies are strictly necessary to deliver the website, you cannot refuse them without impacting how our site functions. You can block or delete them by changing your browser settings and force blocking all cookies on this website.

Google Analytics Cookies

These cookies collect information that is used either in aggregate form to help us understand how our website is being used or how effective our marketing campaigns are, or to help us customize our website and application for you in order to enhance your experience.

If you do not want that we track your visist to our site you can disable tracking in your browser here:

Other external services

We also use different external services like Google Webfonts, Google Maps and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Changes will take effect once you reload the page.

Google Webfont Settings:

Google Map Settings:

Vimeo and Youtube video embeds:

Privacy Policy

You can read about our cookies and privacy settings in detail on our Global Privacy Notice and Cookie Policy pages.

Global Privacy Notice & Cookie Policy

Accept settingsHide notification only

[ Placeholder content for popup link ] WordPress Download Manager - Best Download Management Plugin