Vienna Insurance Group Launches new ADR Programme in the US

Businessn.a. ♦ Published: April 28, 2011; 06:28 ♦ (Vindobona)

The Vienna Insurance Group AG Wiener Versicherung Gruppe is grouping the independent American Depositary Receipt (ADR) programmes.

Vienna Insurance Group Launches new ADR Programme in the US / Picture: © Vindobona.org

These ADR programmes have existed until now into a single, sponsored Level I ADR programme, with the BNY Mellon. ADRs are securities that make it easier for US investors to invest in the Vienna Insurance Group.

“For several years now, the Vienna Insurance Group has had a significant investor base in the US. Now, with the sponsored, compact ADR programme, we are developing our…