I currently have $9988, which I bought because of the de-listing discussions that took place a few years ago. Who knows what will happen now with Mr. Orange. I used to have the ADR, it seems to me that there is more liquidity with the ADR, i.e. a lower spread.
If you've received the same information as me...the question doesn't even arise.
According to the information, the exchange will be made in any case. Either now by instruction (is done once a month) and if nothing is done then on 29.12.25
Fees for payout would then also be waived. I mean with the ADR it is 2%
@Ghoscht I don't have any information, otherwise I wouldn't have asked.....🤔 I have now added the ADR to my portfolio because it is traded in New York......
@Cato_Bamboo I happened to receive the corporate action from Trade Republic shortly before your post. I can now submit an instruction by the end of December. If I don't submit one, the ADRs will still be exchanged