Oatly Announces Plan to Implement ADR Ratio Change

MALMÖ, Sweden, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Oatly Group AB (NASDAQ:OTLY) ("Oatly" or the "Company"), the world's original and largest oat drink company, today announced that it plans to change the ratio of its American Depositary Receipts ("ADRs") to ordinary shares from one ADR representing one ordinary share to one ADR representing twenty ordinary shares. This ratio change will have the same effect as a one-for-twenty reverse ADR split for Oatly's ADR holders. There will be no change to Oatly's under ...