American Depository Receipt (ADR) information

Air New Zealand’s American Depository Receipt (ADR) programme provides US investors with a way to invest in Air New Zealand through securities traded in the United States. They represent ordinary Air New Zealand shares and are traded in the United States through the over-the-counter (OTC) market.

An American Depositary Receipt (ADR) allows US investors to invest in companies based outside the United States. Each Air New Zealand ADR represents five ordinary shares, is issued by Deutsche Bank Trust Company Americas and trades in US dollars. ADRs are also sometimes called American Depositary Shares (ADS).

Converting ordinary shares into ADRs

Converting ordinary shares into ADRs must be done through a broker investment advisor or for registered holders through Deutsche Bank Trust Company Americas. Contact the relevant ADR service provider for information.

Registered and beneficial ADR holders

• Registered ADR holders are recorded directly on the ADR register and can contact the ADR depositary or transfer agent for help with their holding.
• Beneficial ADR holders hold their ADRs through a broker, bank or other financial institution. If your ADRs are held this way, contact the organisation that manages your investment.

Checking your ADR holding

If you need to check the number of ADRs you hold or update details associated with a registered ADR holding, contact the ADR shareholder services team.