In September 2013, Sappi decided to delist from the New York Stock Exchange and instead list shares on the over-the-counter (OTC) exchange.
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Sappi has a Level 1 ADR (American Depositary Receipt) programme in the United States of America. The Bank of New York is the sponsoring bank, and the depositary receipts trade in the OTC (over-the-counter) market.
Symbol: SPPJY
CUSIP: 803069202
Exchange: OTC
Ratio: 1:1
Country: South Africa
Industry: Forestry and paper
Depositary: BNY (Sponsored)
Effective date: 01 October 2013
Underlying ISIN: ZAE000006284
US ISIN: US8030692029
ADR Programme FAQs
- What is an American Depositary Receipt (ADR)?
- What are the benefits of ADRs to US investors?
- What types of companies issue ADRs?
- Is it easy to get information and updates on an ADR company?
- Where are Sappi ADRs traded?
- What is the difference between a registered holder and a beneficial ADR holder?
- How are ADR dividends paid and taxed?
- How can I find out dividend and corporate action information?
- Who is the depositary for ADRs for Sappi?
- How can I convert ordinary shares in Sappi into Sappi ADRs?
- Quick ADR facts
- There are three levels of ADR programmes:
ADR conversions contact - New York
ADR conversions contact - Johannesburg
Representative
Get in touch
Tracy Wessels
Sappi Limited (Reg no 1936/008963/06)