What happens if an IDR holding does not represent a whole number of Shares?
The rights of an IDR Holder will in general not be affected. So, for example, IDR Holders will have a proportionate entitlement to cash dividends, IDR Holders will receive all company communications which are sent to its Shareholders and the IDR Holders will be entitled to vote at a general meeting on a show of hands in respect of IDRs representing one Share and on a poll in respect of IDRs representing four Shares. Where IDRs represent less than a whole number of Shares, entitlements to participate in corporate actions, such as rights issues and share distributions will be affected. In these circumstances, the IDR Holders will receive their proportionate entitlement to any cash amount which may be received by the Depository in respect of the relevant corporate action.
