BT CONFIRMS TERMINATION OF ADR PROGRAMMESource: RNS
23 September 2019
BT CONFIRMS TERMINATION OF ADR PROGRAMME
In line with its announcement on 14 August 2019, BT Group plc (BT) hereby confirms that its American Depositary Receipt (ADR) programme has been terminated.
BT will continue to positively engage with US equity and debt investors, and remains committed to its customers operating in the US.
Additional information for ADR holders
BT has not arranged for the listing or registration of the American Depositary Shares on another US national securities exchange or for their quotation in a quotation medium in the United States. On 14 August 2019, BT directed JPMorgan Chase Bank N.A. (JPMorgan) to terminate BT's ADR programme and consequently, and in accordance with the deposit agreement, JPMorgan has provided a notice of termination to all registered ADR holders containing relevant information for ADR holders regarding required actions.
For further information
Mark Lidiard Tel: +44 20 7356 4909
Tom Engel Tel: +44 20 7356 5369
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BT's purpose is to use the power of communications to make a better world. It is one of the world's leading providers of communications services and solutions, serving customers in 180 countries. Its principal activities include the provision of networked IT services globally; local, national and international telecommunications services to its customers for use at home, at work and on the move; broadband, TV and internet products and services; and converged fixed-mobile products and services. BT consists of four customer-facing units: Consumer, Enterprise, Global and Openreach.
For the year ended 31 March 2019, BT Group's reported revenue was £23,428m with reported profit before taxation of £2,666m.
For more information, visit www.btplc.com
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