Form F-6

Form F-6 is used in the United States to register financial depository shares represented by American depositary receipts (ADRs) issued by a depositary against the deposit of the securities of a foreign issuer. These are essentially shares of a foreign company traded on U.S. exchanges; however, the price/liquidity is not directly tied to the ADRs foreign counterpart because they are two separate entities trading on different exchanges.

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