X

Toll-free ethics hotline

South Africa 0800 005 314

Zimbabwe 0772 161 630

Impala Canada 1-866-921-6714 (toll free) or email the operation at email address:
Impalacanada@integritycounts.ca to lodge complaints or grievances.

For more information on how we handle reports and protect whistleblowers, please review our Fraud, Corruption and Whistleblowing policy

American Depositary Receipts (ADRs)

American Depositary Receipts (ADRs)

Implats shares trade on OTCQX, the premier tier of the Over-the-Counter (OTC) market in the USA as ADRs. The ratio between Implats ordinary South African (ZAR denominated) shares and the ADR is 1:1, i.e. one Implats ordinary share represents one ADR. JPMorgan Chase Bank, N.A. acts as depositary bank for Implats ADR programme.

Implats.
Ticker: IMPUY
ISIN: US4525533083
CUSIP: 452553308
Structure: Sponsored Level I ADR
Exchange: OTCQX
Ratio (Ord : ADR): 1:1

ADR contact information
JPMorgan Chase Bank, N.A.
270 Park Avenue, Floor 8
New York, NY 10017

General Broker Enquiries
Tel: +1 212 552 8926 New York
Tel: +852 2800 1857 Hong Kong
drx_depo@jpmorgan.com

Computershare contacts for ADR registered holders of IHG:

  • Phone (US & Canada – toll free): +1-866-723-8257
  • Phone (International): +1-781-575-2833
  • Website: www.computershare.com/us/contact-us
  • Mailing Address:
    Computershare Shareowner Services
    PO Box 43304
    Providence, RI 02940-3304

The Company ADR programme is sponsored by JPMorgan Chase Bank, N.A. As the depositary bank, JPMorgan Chase Bank, N.A. performs the following roles for ADR holders as further detailed in the Deposit Agreement:

  • Records and maintains the register of ADR holders
  • Acts as the stock transfer agent
  • Distributes dividends in US dollars
  • Facilitates the voting process and the exercise of the voting rights of ADR holders at any Company General Meeting if permitted by the Company and the Depositary Agreement
  • Issues and cancels Implats American Depositary Receipts (ADRs)
  • Distributes Company circulars and General Meetings (including Annual General Meeting) documentation, if applicable.

For those holders who are not registered because their ADRs are held through a ‘Street name’ (nominee account), your nominee will receive Company documents from time to time from JPMorgan Chase Bank, N.A. to distribute to ADR holders. You need to make arrangements with your nominee if you wish to receive such documents and to be able to exercise your vote through the depositary bank at General Meetings (if applicable).

Implats ADR programme – Frequently asked questions

An ADR is a US dollar denominated negotiable certificate that represents ownership of shares in a non-US company.

Each ADR is issued by a US depositary bank (which is a bank in the US which oversees all the stock transfer and agency services in connection with a depository receipt programme) and represents one or more shares of a foreign stock or a fraction of a share. If investors own an ADR they have the right to obtain the foreign stock it represents, but US investors usually find it more convenient to own the ADR. The price of an ADR is often close to the price of the foreign stock in its home market, adjusted for the ratio of the foreign company’s shares to ADRs. ADRs were specifically designed to facilitate the purchase, holding and sale of non-US securities by US investors.

Implats ADRs represent Implats ordinary shares deposited with the depositary bank (JPMorgan Chase Bank, N.A.), to underlie such certificates and carry the rights attached to them as detailed in the Deposit Agreement. Holders of ADRs receive dividends in US dollars and have the right to vote on shareholder resolutions, where applicable.

The terms ADR and ADS are often used interchangeably. Individual shares of a foreign corporation represented by an ADR are called American Depository Shares (ADS). This is the instrument that is actually traded. Although the terms ADR and ADS are used interchangeably, the difference is that an ADR is the certificate while the ADSs are the shares.

Implats Holdings Ltd
Ticker: IMPUY
Cusip code: 452553308
ISIN code: US4525533083

Implats ADR programme is administered by JPMorgan Chase Bank, N.A. As the depositary bank, JPMorgan Chase Bank, N.A. performs the following roles for ADR holders as further detailed in the Deposit Agreement:

  • Records and maintains the register of ADR holders
  • Acts as the stock transfer agent
  • Distributes dividends in US dollars (when declared by the Board of Directors)
  • Facilitates the voting process and the exercise of the voting rights of ADR holders at any Company General Meeting if permitted by the Company and the Depositary Agreement
  • Issues and cancels Implats ADRs
  • Distributes Company circulars and General Meetings (including Annual General Meeting) documentation, if applicable.

For those holders who are not registered because their ADRs are held through a ‘Street name’ (nominee account), your nominee will receive Company documents from time to time from Deutsche Bank to distribute to ADR holders. You need to make arrangements with your nominee if you wish to receive such documents and to be able to exercise your vote through the depositary bank at General Meetings (if applicable).

This is the relation between the number of ADRs and the number of ordinary shares. One Implats ordinary shares represent one Implats ADR, i.e. the ratio is 1:1.

US investors may prefer to purchase ADRs rather than ordinary shares in the issuer’s home market because ADRs trade, clear and settle in US Dollars and according to US market conventions. ADRs allow easy comparison to securities of similar companies as well as access to price and trading information. Holders of ADRs also receive dividends in US dollars.

Financial and stock Information is widely available on Implats website Investor center. Trading information is readily available on our depository bank’s website https://adr.com/about/glossary.

ADR issuers are typically large multinational corporations. Any non-US company seeking to raise capital in the US or increase their base of US investors can issue ADRs.

Financial and stock Information is widely available on Implats website investors. Trading information is readily available on our depository bank’s website https://adr.com/drprofile/452553308.

To obtain the Implats Annual Report, or other shareholder or company information please refer to the Investor Relations section of Implats website corporate reporting.

Implats ADRs are traded on OTCQX, the premier tier of the US Over-the-Counter (OTC) market under the ticker symbol IMPUY. The CUSIP Number is 452553308. To learn more about Implats ADRs, please visit: adr holders or https://adr.com/drprofile/452553308

You may buy/sell your ADRs through most US stockbrokers.

JPMorgan Chase Bank, N.A. offers a Direct Investment Plan which provides investors services to facilitate investment in American Depositary Shares (ADSs).

You can view further details of the plan by visiting the following link: https://www-us.computershare.com/Investor/#DirectStock

Individual Shareholders:
Converting ordinary shares into ADRs or ADRs into ordinary shares must be done through your broker or investment advisor.

Institutional brokers and custodians:
Brokers wishing to convert Johannesburg Stock Exchange Listed ordinary shares in Implats Holdings Limited (Implats) into American Depositary Receipts (ADRs) or vice versa should contact the JPMorgan Chase Bank, N.A. broker desk:

Tel: +1 212 552 8926 New York
Tel: +852 2800 1857 Hong Kong
drx_depo@jpmorgan.com
adr.com

In a Level 1 ADR programme, the ADRs are not listed on a US stock exchange, but are traded on the US Over-the-Counter (OTC) market. Implats ADRs trade on the premier tier of the OTC market, called OTCQX.

The US OTC trading in Level 1 ADRs is carried out by market makers using inter-dealer quotation services of the OTC Markets Group electronic market platform (Operated by OTC Market Group) https://www.otcmarkets.com. The OTC Markets Group operates a centralized electronic quotation system that collects and publishes market maker quotes for OTC securities in real-time. The OTC Markets Group is neither a Registered Stock Exchange nor a Broker-Dealer

A registered holder is one whose name appears on the books of the depositary. 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.

If you hold your ADRs through a broker, investment advisor or custodian in a “streetname”, please contact your broker, investment advisor or custodian.

If you do not hold your ADRs via a broker, bank or nominee and/or you hold a share certificate of Implats ADRs, please contact our transfer agent:

Computershare

  • Phone (US & Canada – toll free): +1-866-723-8257
  • Phone (International): +1-781-575-2833
  • Website: www.computershare.com/us/contact-us
  • Mailing Address:
    Computershare Shareowner Services
    PO Box 43304
    Providence, RI 02940-3304

If you do not hold via a broker, bank or nominee, please contact our transfer agent:

Computershare

  • Phone (US & Canada – toll free): +1-866-723-8257
  • Phone (International): +1-781-575-2833
  • Website: www.computershare.com/us/contact-us
  • Mailing Address:
    Computershare Shareowner Services
    PO Box 43304
    Providence, RI 02940-3304

Yes. Certificates can be combined by contacting our transfer agent:

Computershare

  • Phone (US & Canada – toll free): +1-866-723-8257
  • Phone (International): +1-781-575-2833
  • Website: www.computershare.com/us/contact-us
  • Mailing Address:
    Computershare Shareowner Services
    PO Box 43304
    Providence, RI 02940-3304