The transition process is fully automated for current investors. Holders of ADSs in the Direct Registration System and those managed by The Depository Trust Company will see their existing shares exchanged automatically by Citibank, N.A. on the effective date. Because the company is consolidating eighteen old shares into one new unit, the trading price is expected to rise proportionally, though management provides no guarantees regarding the resulting market valuation.
Fractional shares will not be issued during this transition. Instead, the depositary bank will aggregate any remainders, sell them on the open market, and distribute the net cash proceeds to eligible shareholders. Investors should note that the company has assigned a new CUSIP number, 73181R207, to the ADSs following the change. Trading under the new ratio commences at the market opening on June 22, U.S. Eastern Time.





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