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Who can own depositary receipts?

The company decides who can be granted depositary receipts. There are for instance companies on our platform which have chosen to provide depositary receipts to contractors or suppliers as well! 

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How many depositary receipts will be given out?

There are different options regadering the proportion in which you give out depositary receipts: 1:1, 1:2, 1:5, 1:10, 1:20, 1:25, 1:50, 1:100, 1:1000. When making a choice it is important to take into account how many people will participate and what the value of a share is. For instance, if a share is valued at €100 and you want to keep the threshold for people to participate low, you could choose to give out 100 depositary receipts per share. Then a depositary receipt will be valued at €1. This does mean that the distribution that comes in on that share will be divided over 100 depositary receipts.

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