Core Viewpoint - The company, Esprit Holdings Limited (00330), announced the termination of its Level 1 American Depositary Receipt (ADR) program due to low participation and the resignation of Deutsche Bank Trust Company Americas as the depositary bank [1] Group 1: Termination of ADR Program - Deutsche Bank Trust Company Americas submitted a resignation letter effective November 12, 2025, leading to the termination of the ADR program on March 19, 2026, at 5 PM Eastern Time [1] - The ADR program had provided opportunities for trading the company's shares in the U.S. over-the-counter market, but participation was relatively low, with outstanding ADRs accounting for less than 0.5% of the company's total issued share capital as of January 30, 2026 [1] - The company's board has no intention to appoint a successor depositary bank, believing that the termination will not adversely affect the share price or trading volume on the Hong Kong Stock Exchange [1] Group 2: Notification and Procedures - Deutsche Bank will send a termination notice to the holders of outstanding ADRs at least 30 days prior to the termination date, detailing the arrangements for the return and cancellation of the ADRs [1]
思捷环球(00330)终止美国预托证券计划