METAFINA GMBH EQS-News: Metafina GmbH: Delisting, Tata Motors Ltd.- ADRs
Transparency directive : regulatory news
08/06/2023 19:16
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Issuer: Metafina GmbH
/ Key word(s): Delisting/Acquisition
Metafina GmbH specializes in the acquisition of illiquid securities and has published an offer to buy ADRs issued for shares of Tata Motors Ltd.
In January 2023, the ADR program of Tata Motors Ltd. was discontinued, which is accompanied by a suspension of the trading in these securities. Trading on German stock exchanges has not been possible since then. According to the FAQ posted on Tata Motors Ltd.'s Investor Relations page, the ADRs are no longer traded on the NYSE or any other stock exchange. https://www.metafina.de/en/kaufangebote/ Nevertheless, a small number of ADRs were traded on the London Stock Exchange on June 6, 2023 as part of a periodic auction call. Holders of ADRs should therefore check whether a sale via an exchange is possible for them before accepting the offer. This offer is intended for holders of ADRs who wish to sell their securities at this time, but are otherwise unable to do so. The offer is voluntary and holders who do not accept the offer will remain holders of their ADRs. Taj Mahal
Information about Metafina GmbH and the purchase offer can be viewed on the Metafina GmbH website: http://www.metafina.de Metafina GmbH is a securities institute within the meaning of the WpIG. It specializes in the purchase of illiquid and unlisted securities and enables investors to sell their securities to Metafina GmbH to generate liquidity. The Metafina GmbH is based in the traditional trading city of Hamburg. Metafina Ltd Blumenau 44 22089 Hamburg Phone: +49 (0)40 22 63 02 05-01 Fax: +49 (0)40 22 63 02 05-02 info@metafina.de www.metafina.de
Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
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