Orphazyme ADS holders given July deadline

After July 11, the Bank of New York Mellon can choose to sell the underlying shares.
Photo: Nikolaj Skydsgaard/REUTERS / X07081
Photo: Nikolaj Skydsgaard/REUTERS / X07081
by mikkel aabenhus hemmingsen, translated by catherine brett

The owners of Orphazyme’s American Depository Shares (ADSs), which are evidenced by American Depository Receipts (ADRs), must contact the Bank of New York Mellon, which owns the underlying shares, before July 11, the firm writes in a press release.

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