DBV’s ordinary shares are listed on the Euronext Paris Stock Exchange under the symbol “DBV.” DBV’s ordinary shares, in the form of American Depositary Shares, or ADSs, are listed on the Nasdaq Global Select Market under the symbol “DBVT” and held by a depository bank, Citibank N.A. Each ADS represents the right to receive one-half of one ordinary share.
Citibank, N.A. has agreed to act as the depositary for the American Depositary Shares. Citibank’s depositary offices are located at 388 Greenwich Street, New York, New York 10013. The depositary typically appoints a custodian to safekeep the securities on deposit. In this case, the custodian is Citibank Europe Plc Dublin (CEP), located at EGSP 186, 1 North Wall Quay, Dublin 1 Ireland.
A depositary is a bank that facilitates cross-border trading of an issuer’s shares. Among other things, depositary banks provide ADS issuance and cancellation services, and associated stock transfer services such as maintaining the register of holders, and providing annual meeting services.
Yes, it is permissible for Euronext Paris shareholders to purchase ADSs directly or to convert their Euronext Paris ordinary shares into ADSs. We would advise that Paris shareholders seek advice from a broker and/or tax adviser.
Holders of ADSs may authorize Citibank, N.A., DBV’s Depositary, to act as a proxy in exercising voting rights according to the number of ordinary shares represented by their respective ADSs.
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Deloitte & Associées
6 Place de la Pyramide
92908 Paris la Défense Cedex
2 Avenue Gambetta
92066 Paris la Défense Cedex
DBV’s annual reports, interim report and press releases can be downloaded from DBV’s website. To receive a hard copy of DBV’s latest annual report, please contact us by emailing firstname.lastname@example.org.
DBV’s financial year ends on 31 December.