Guilder shares (New York Shares) - Dutch regulations do not permit their companies to issue ADRs linked to active home-country shares, even if those shares are held by a depository bank, which is the normal procedure. Instead, the appropriate quantity of underlying home-country shares are cancelled and the equivalent amount of New York Shares (guilder shares) are issued.
Guilder shares (New York Shares) : dutch regulations do not permit their companies to issue adrs linked to active home-country shares, even if those shares are held by a depository bank, which is the normal procedure. instead, the appropriate quantity of underlying home-country shares are cancelled and the equivalent amount of new york shares (guilder shares) are issued.