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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Inchcape Plc | LSE:INCH | London | Ordinary Share | GB00B61TVQ02 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.50 | 0.07% | 763.00 | 761.50 | 762.50 | 768.00 | 745.00 | 745.00 | 230,595 | 16:35:03 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Motor Veh Dealers (new,used) | 11.45B | 283M | 0.6852 | 11.11 | 3.15B |
TIDMINCH
RNS Number : 8330T
Inchcape PLC
11 January 2017
Inchcape plc
Sponsored Level 1 ADR program admitted for Trading
Inchcape plc ("Inchcape" or the "Group"), the leading independent multi-brand Automotive Distributor and Retailer with global scale, trading on the London Stock Exchange ('LSE') Main Market under the symbol 'INCH', announces that its American Depositary Receipts ('ADRs') have been formally admitted to trading on the Over-The-Counter ('OTC') platform in the United States via a sponsored Level I ADR program. Deutsche Bank has been appointed as the Depositary Bank for Inchcape's ADR program. Each Inchcape ADR currently represents two LSE-listed Inchcape Ordinary Shares and this ratio will be adjusted to 1:1 on 27 January 2017. Inchcape's ADRs will trade under the symbol 'INCPY'.
ADRs enable qualifying non-US companies to have direct and broader exposure to the US investment community, allowing US investors to trade conveniently and efficiently in their normal exchange trading hours and with settlement in US dollars, and will complement Inchcape's existing primary listing on the LSE. Further information about Inchcape's ADR program can be found at www.inchcape.com/en/investors-and-media/adr.html
Enquiries
Group Communications, Inchcape plc +44 (0) 20 7546 0022
Investor Relations, Inchcape plc +44 (0) 20 7546 8359
FTI Consulting (Jonathon Brill/Edward Westropp) +44 (0) 20 3727 1000
About Inchcape
Inchcape is a leading global premium automotive group, operating in 29 markets with a portfolio of the world's leading car brands in the fast-growing luxury and premium segments. Inchcape has diversified multi-channel revenue streams including sale of new and used vehicles, parts, service, finance and insurance. The Company has been listed on the London Stock Exchange since 1958, is headquartered in London and employs around 16,000 people. www.inchcape.com
This information is provided by RNS
The company news service from the London Stock Exchange
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January 11, 2017 02:00 ET (07:00 GMT)
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