D. Global depository receipts

Art. 90
Definitions

¹ In the context of the Listing Rules, global depository receipts (GDRs) are tradable certificates which are issued to represent deposited equity securities, and which permit the (indirect) exercise of the membership and property rights attached to the deposited equity securities.

² The deposited equity securities are referred to as "underlying shares".

³ Unless stated otherwise, "issuer" refers to the issuer of the underlying shares.

⁴ The issuer of the global depository receipts is referred to as the "depository".