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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What is a nominal value?

Nominal value is the value of the share that is laid down in the articles of association of the company. Nominal Value comes into play when a limited liability company (in the Netherlands a B.V.) is incorporated and when its shares are issued. The articles of association determine the initial value of these shares. This initial value stated is called the nominal value. In principle, this nominal value must be paid to the company in order for the shares to even exist and be held by someone. With a Dutch B.V. there is no minimum amount for the nominal value (it can even be less than a cent). For a Dutch NV (often used for stock traded companies) a minimum of €45.000 applies, that must be paid on all of the shares in total at the moment of incorporation.

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