Accepts Sponsored US Level 1 Depository Receipt Pr

  1. 4,330 Posts.
    Accepts Sponsored US Level 1 Depository Receipt Prog. 21/5/02 8:33:08 PM
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    VRI BIOMEDICAL LTD 2002-05-21 ASX-SIGNAL-G
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    HOMEX - Perth
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    +++++++++++++++++++++++++
    VRI BioMedical, a listed public company on the Australian Stock
    Exchange, has accepted the Bank of New York's offer for a sponsored
    Level 1 Depository Receipt listing in the USA.
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    Depository Receipts (ADR's) are US share certificates that represent
    underlying foreign shares which are held in custody outside the USA.
    They are traded and settled in the USA like any other US share.
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    VRI BioMedical intends to use the ADR programme to broaden the
    company's shareholder base, raise the company's profile among the US
    investors and allow the shares to be traded in the same arena as its
    global peers. To this end, the Bank of New York has offered to
    sponsor VRI BioMedical to the first Level of its ADR programme.
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    The Bank of New York, founded in 1784, is one of the USA's most sound
    and profitable money centre banks. It is the leading US depository
    bank and largest provider of securities in the world offering a full
    range of value-added services.
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    Queries to: Leon Ivory, Executive Chairman on 0419 428264.



    RE: Up 15pct since ADR announcement
    Up 15pct since ADR announcement kra 23/5/02 3:41:32 PM
    RE: 21/5/02 8:33:08 US Level 1 Depository VRI kra 22/5/02 10:30:56 AM
    21/5/02 8:33:08 US Level 1 Depository VRI ilrobbinrosso 21/5/02 9:58:00 PM
    Anything on the horizon? kra 21/1/02 9:22:45 AM
    Strange movement upward today. Check this out ausbull 12/12/01 8:09:49 PM
    Sudden move. Interesting big crosstrade ausbull 14/11/01 12:18:01 PM
    RE: Looming announcement? Why the steady rise? ausbull 7/11/01 6:18:19 PM
    RE: Looming announcement? Why the steady rise? ausbull 7/11/01 5:58:51 PM
    RE: Looming announcement? Why the steady rise? kra 7/11/01 3:38:05 PM
    Looming announcement? Why the steady rise? ausbull 7/11/01 2:40:35 PM
    A good day...... kra 23/10/01 4:17:15 PM
    VRI BIOMEDICAL LTD Announcement levi20 28/8/01 11:31:43 AM
    vri borise30 25/5/01 5:27:45 PM
 
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