Royal Wessanen nv announces that it will commence the termination of its
American Depository Receipts (‘ADR’) programme. Since 1988, Wessanen sponsors a
programme of ADRs managed by JP Morgan Chase Bank. For Wessanen, the benefits
of the programme have decreased over time, especially since the divestment,
earlier in 2010, of Tree of Life, Inc. and Wessanen’s focus on the European
organic food markets.
In recent years, the average daily trading volume of shares represented by ADRs
has been relatively small and the majority of shares held by U.S. domiciled
investors are acquired through NYSE Euronext Amsterdam.
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