What is a Depositary Interest?
A Depositary Interest is a facility provided by our Registrar, Computershare Investor Services PLC. The facility allows an interest in the Company’s unrestricted PPT shares, held electronically, rather than the actual shares represented by physical certificates, to be settled through the UK CREST electronic settlement system, This facility will make settlement of trades easier and faster. The underlying shares continue to be listed and traded, while the Depositary Interests are transferred in the UK CREST system to settle those trades. Holders of Depositary Interests have the same rights as holders of Common Shares (for example, to receive all shareholder notices, to vote at meetings, to receive dividends etc).
A Depositary Interest is a facility provided by our Registrar, Computershare Investor Services PLC. The facility allows an interest in the Company’s unrestricted PTXU shares, held electronically, rather than the actual shares represented by physical certificates, to be settled through the UK CREST electronic settlement system. This facility makes settlement of trades easier and faster. The underlying shares continue to be listed and traded, while the Depositary Interests are transferred in the UK CREST system to settle those trades. Holders of Depositary Interests have the same rights as holders of Common Shares (for example, to receive all shareholder notices, to vote at meetings, to receive dividends etc).
