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European Metals Hldg (EMH)

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Tuesday 27 July, 2021

European Metals Hldg

LEVEL 1 AMERICAN DEPOSITORY SHARES PROGRAM

RNS Number : 5861G
European Metals Holdings Limited
27 July 2021
 

For immediate release

27 July 2021

EUROPEAN METALS HOLDINGS LIMITED

EUROPEAN METALS HOLDINGS LEVEL 1 AMERICAN DEPOSITORY SHARES PROGRAM (ADS:EMHXY)

European Metals Holdings Limited (EMH, Company) (ASX & AIM: EMH, OTC - Nasdaq Intl ADS: EMHXY) is pleased to announce that its American Depository Share (ADS) program will become available for trading in the US on Tuesday 27 July 2021.

EMH's ADS will trade in the US over-the-counter (OTC) market under the symbol EMHXY. One EMH ADS represents twenty existing EMH chess depositary instruments.

The ADS program does not involve the issuance of new shares or the raising of new capital by the Company.

ADSs allow US investors to buy shares in foreign companies through US registered securities without the need for cross-border or cross-currency transactions. They are priced in US dollars and can be traded like shares of US-based companies.

EMH's chess depositary instruments will also continue to trade on the OTC market in the US as foreign securities under the ticker code ERPNF.

EMH will remain a member company of the Nasdaq International Designation and is not listed or traded on the NASDAQ Stock Market, LLC.

Deutsche Bank Trust Company Americas is the depositary bank for the program. www.adr.db.com

Frequently asked questions and answers in relation to ADS's are annexed to this announcement.

 

CONTACT

For further information on this update or the Company generally, please visit our website at www.europeanmet.com   or see full contact details at the end of this release.

WEBSITE

A copy of this announcement is available from the Company's website at www.europeanmet.com.

The Board of Directors of European Metals Holdings authorised this announcement to be given to ASX.

ENQUIRIES:

European Metals Holdings Limited

Keith Coughlan, Executive Chairman

 

 

Kiran Morzaria, Non-Executive Director

 

Dennis Wilkins, Company Secretary

 

Tel: +61 (0) 419 996 333

Email: [email protected]

 

Tel: +44 (0) 20 7440 0647

 

Tel: +61 (0) 417 945 049

Email: [email protected]

 

 

 

WH Ireland Ltd (Nomad & Joint Broker)

James Joyce/James Sinclair-Ford

(Corporate Finance)

Harry Ansell/Jasper Berry (Broking)

 

 

Tel: +44 (0) 20 7220 1666

 

Shard Capital (Joint Broker)

Damon Heath

Erik Woolgar

 

Tel:  +44 (0) 20 7186 9950

Blytheweigh (Financial PR)

Tim Blythe

Megan Ray

 

Chapter 1 Advisors (Financial PR - Aus)

David Tasker

 

Tel: +44 (0) 20 7138 3222

 

 

 

 

Tel: +61 (0) 433 112 936

The information contained within this announcement is considered to be inside information, for the purposes of Article 7 of EU Regulation 596/2014, prior to its release.  The person who authorised for the release of this announcement on behalf of the Company was Keith Coughlan, Executive Chairman.

 

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