​Find answers to frequently asked questions around American Depository Receipts for MTN.​​

An ADR is a negotiable US certificate representing ownership of shares in a non-US corporation. ADRs are quoted and traded in US dollars in the US securities market. Dividends are paid to investors in US dollars. ADRs were specifically designed to facilitate the purchase, holding and sale of non-US securities by US investors, and to provide a corporate finance vehicle for non-US companies.
US investors generally prefer to buy ADRs rather than ordinary shares in the issuer's home market because ADRs trade, clear and settle according to US market conventions. ADRs facilitate diversification into foreign securities. They also allow for easy comparison with securities of similar companies and, if listed, access to price and trading information.
ADR issuers are typically large multinational corporations. Non-US companies looking to raise capital in the US or increase their base of US investors will issue ADRs.
Investors receive annual reports and proxy materials in English. ADR issuers are generally accessible through websites in English, and through the main depositary bank websites. US-listed ADRs provide holders with the same level of information as any other US security. As MTN's ADRs are not listed on a US exchange, MTN does not provide US GAAP financial statements.
ADRs are traded over-the-counter. The trading code is MTNOY. The CUSIP number is 62474M108. The ratio between the ordinary share and the ADR is 1:1.
The Bank of New York Mellon. The depositary bank plays a key role in the process of issuance and cancellations of ADRs. It also maintains the ADR holder register and distributes dividends in US dollars. Please go to the Bank of New York Mellon website for more information.
A registered holder, whose name appears on the books of the depositary, is considered the owner of record. A beneficial holder's holdings are registered in the name of a broker, bank or nominee.
Go to the Corporate Actions or DR Dividends & Distribution pages on the Bank of New York Mellon website.
You can buy depositary receipts through brokers at the Bank of New York Mellon. For more information please see their Broker-Dealer Services pages on their website.
Ask your broker to contact the ADR Broker Desk at The Bank of New York.

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​​​​​If you’​re thinking about investing in MTN shares, you can contact financial analysts who cover our stock at these organisations.

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