FUTU HK Help Center-BMWYY.US ADR Termination
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BMWYY.US ADR Termination

As of the termination time, it is expected that trading of the ADR will cease and the Depository will halt issuance of the BAYERISCHE MOTOREN WERKE A G SPONSORED ADR. ADR is eligible for conversion into Unsponsored ADSs (BMWKY.US). For an inquiries please contact the Depositary on telephone number 1-888-269-2377 or email drinstructions@bnymellon.com.

Holders are therefore provided with the following choices with respect to their position in the ADR:

Option(1): Take no action. ADR will be converted into cash distribution after termination. [Default Option]

Option(2): Surrender Sponsored ADSs (BMWYY.US) for delivery of  Unsponsored ADSs (BMWKY.US), (The conversion may result in conversion charges, holders should pay attention to the latest announcements from listed companies. )

Please note: The Unsponsored ADSs may have significantly different terms than the Sponsored ADSs and such differences may be considered materially adverse to investors.

In the absence of an election, no action will be taken on the position.

The deadline to make an election will be 22/10/2024@ 16:00 (Hong Kong Time GMT+8)

Please fill in the following information and use the registered email address of Futu to send an email to cs@futuhk.com.

1. Account Number:
2. Name: (In Chinese or English)
3. Stock code: BMWYY.US
4. Options: (1) or (2)
5. Number of shares participating in corporate actions:

Note to applicants:
1. For shareholders holding less than 1 share of BMWYY.US, they cannot participate in related corporate actions.
2. Option (1) is the default option. We will help clients to choose option (1) if have not received clients’ emails.
3. Once the relevant application is submitted, the stocks participating in the company's actions cannot be traded and the application cannot be withdrawn.
4. This corporate action does not accept additional applications, the maximum number of applications that a client can apply for does not exceed the number of eligible shares it holds.
5. The pending orders and unsettled shares will not be accepted for the time being.
6. Please confirm that the account funds are sufficient to pay the relevant fees of this corporate action. Otherwise, we will not bear any responsibility for the failure of your application.
7. If there is any update, all the information released by the listed company shall prevail.