ADR Trading in Benitec Biopharma
Following Benitec’s entry to the NASDAQ, any American Depositary Receipts (ADR) shares have been automatically converted to an American Depositary Share (ADS) which is traded on the NASDAQ capital market under the symbol “BNTC”.
Each ADS represents 20 ordinary shares of Benitec. For more information about the NASDAQ listing and IPO please visit our NASDAQ page.
How do I know if my ADR shares have been converted to ADS?
The conversion will happen automatically. You will not receive a new holding statement / share certificate. If there are any problems with your shares, we recommend you contact the broker who sold you the original shareholding
What if I hold BNIKF shares?
BNIKF are the foreign ordinary shares of Benitec traded on the U.S. Over-the-Counter market. The status of these shares does not change as a result of the NASDAQ listing, but it is probable that the liquidity of these shares could decrease, as fewer buyers and sellers of that security may exist, given it is possible to trade on the NASDAQ.
We recommend you speak to your broker if you wish to sell these shares and purchase a BNTC ADS.
How do I transfer holding from BNIKF to BNTC?
You can sell your BNIKF shares and purchase BNTC or you can contact the broker who arranged your original BKINF investment and have them contact BNY Mellon’s issuance desk on
+1 212 815 5951 / 4245 / 2213 during US EST business hours.
Will it cost me any money to switch over from BNIKF to BNTC?
It is expected you would pay the normal brokerage fees charged by your broker.
Who do I ask with other questions about my F shares, ADR or ADS shares?
- For any holdings in BNIKF, investors should contact the broker who originally arranged this investment.
- For investors holding BNTC shares (or who previously held ADR shares), you can contact BNY Mellon’s issuance desk on +1 212 815 5951 / 4245 / 2213 during US EST business hours