Epiroc's Level 1 ADR Programs: Deutsche Bank Appointed As Depositary Bank

Luna Greco

3 min read

Post on May 30, 2025

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Understanding Epiroc's Level 1 ADR Program

A Level 1 ADR represents ownership in a foreign company's shares, facilitating trading on US over-the-counter (OTC) markets. Unlike higher-level ADRs (Level 2 and Level 3), which are listed on major US exchanges, Level 1 ADRs trade on the OTCQX, offering a less stringent listing process. This makes them an attractive option for companies like Epiroc seeking to broaden their investor base without the extensive requirements of a full US exchange listing.

Investing in Epiroc through Level 1 ADRs offers several key advantages:

• Increased Accessibility for US Investors: US investors can easily access Epiroc's stock without navigating the complexities of the Swedish Stock Exchange.
• Trading in US Dollars: Transactions are conducted in US dollars, eliminating currency conversion complications for American investors.
• Simplified Investment Process: The process of buying and selling Epiroc shares is streamlined through the use of ADRs, making it more convenient for US-based brokerage accounts.

Epiroc's Level 1 ADRs are traded on the OTCQX, providing a regulated and transparent trading venue for US investors. The underlying shares of Epiroc are traded on Nasdaq Stockholm, offering a robust and established market for the company's stock.

Deutsche Bank's Role as Depositary Bank

Deutsche Bank, a globally recognized financial institution, acts as the depositary bank for Epiroc's ADR program. This crucial role involves several key responsibilities:

• Issuing and Cancelling ADRs: Deutsche Bank manages the issuance and cancellation of ADRs, ensuring a smooth flow of securities.
• Maintaining Records of ADR Holders: They meticulously maintain accurate records of all ADR holders, crucial for dividend distribution and other shareholder communications.
• Facilitating Dividend Payments: Deutsche Bank facilitates the timely and accurate payment of dividends to ADR holders, converting payments from Swedish Krona to US Dollars.
• Acting as a Liaison between Epiroc and US Investors: They serve as a vital link between Epiroc and its US investor base, ensuring effective communication and addressing investor inquiries.

Deutsche Bank's extensive experience and reputation in managing ADR programs bring significant value and reassurance to investors. Their involvement enhances the credibility and trustworthiness of Epiroc's ADR offering, potentially attracting a wider range of investors.

Implications for Investors

Epiroc's Level 1 ADR program significantly improves liquidity and accessibility for US investors interested in this global leader in mining and infrastructure equipment. Increased trading volume resulting from this expanded accessibility can contribute to more efficient price discovery, reflecting the true market value of Epiroc's shares.

While ADRs offer convenience, investors should be aware of potential risks:

• Currency Fluctuations: Changes in exchange rates between the US dollar and the Swedish krona can impact the value of ADR investments.
• Foreign Market Risks: Investing in a foreign company always carries inherent risks associated with the political and economic stability of the country of origin.

For detailed information on Epiroc, please visit their . To learn more about Deutsche Bank's ADR services, visit their website: [Insert Deutsche Bank ADR Services Link Here].

Conclusion: Investing in Epiroc Through Level 1 ADRs

Epiroc's Level 1 ADR program, facilitated by Deutsche Bank, offers US investors a straightforward and convenient way to participate in the growth of a global leader in the mining and infrastructure sectors. The increased accessibility and the advantages of trading in US dollars make this a compelling investment opportunity. Learn more about investing in Epiroc's Level 1 ADRs today and explore the opportunities available through Deutsche Bank's depositary services. [Insert Epiroc Investor Relations Link Here] [Insert Deutsche Bank ADR Services Link Here]