Depositary Interests - Computershare

The capability to reach new capital, overcomecross border barriers, and reduce unnecessarycost and riskComputershare’sDepositary Interest serviceEstablished in 2001, Computershare’sDepositary Interest (DI) serviceassists non-UK issuers listing on theLondon Stock Exchange, AIM or ISDXmarkets. It enables both institutionaland individual investors to diversifytheir portfolios by investing in theglobal economy as easily as investingin a UK listed company.> DI FEATURES - AT A GLANCECorporategovernanceIssuerinvolvementApplicablemarketsEntitlementsAvailability ofinformationAnnualmeetingservicesGlobalRegistersolutionFully compliant. Programmesponsored by the issuer.Key role in establishmentand design of facilityAll marketsHigh performancecontractual arrangementReal-time access viaComputershare’sproprietary systems anda full range of reports anddaily/regular notificationof key transactionsregisteredFull annual meetingservices - includingelectronic / postaldistribution and votingGlobal Register solutionoffered and viewed viaGlobal Issuer Online,where Computersharehas registrar/transferagent capabilitiesThe DI structure allows intermediariesand investors to trade in the issuer’ssecurities while settlement is effectedelectronically in the CREST system.This delivers process and speedefficiencies as well as corporategovernance best practice through theenfranchisement of investors.Through our DI service, issuers canalso take advantage of our proxy andIR support, sophisticated shareholdercommunications and annual meetingmanagement services, to name a few.Customised to meet specific needs,our global platform ensures equaltreatment of investors, wherever theyare in the world.Incorporated within our globallyunifiedportfolio of products andservices, our DI service deliversa significant leap in cross borderservicing capability. Complemented byadvanced technologies, such as GlobalIssuer Online and our xSettle solution,Computershare’s DIs represent anevolution in the way issuers andinvestors connect and how theserelationships are mutually leveraged.ISSUER BENEFITS> Supports the ability to raise capitalon the London Stock Exchange,AIM or ISDX markets> Offers the potential to increaseliquidity by promoting efficiencyand ease of electronic settlementfacilities> Meets corporate governance bestpractice through enfranchisementof investors and promotes equaltreatment between investors indifferent markets> Provides more visibility andknowledge of internationalinvestors> Enables exemption from StampDuty Reserve Tax (SDRT) wherecircumstances permit> Gives access to cross borderexperts within our Global CapitalMarkets Group, servicing issuersand their advisorsINVESTOR BENEFITS> Efficient settlement, through theability to settle and hold foreignsecurities electronically in the UK inDI form> Reduced settlement costs, byeliminating paper transfers andcertificates> Creates a communication channelbetween the issuer and theirinvestors facilitating investorenfranchisement and encouragingparticipationBROKER BENEFITS> Efficient delivery-versus-paymentsettlement in CREST> Faster, safer movement of securitiesbetween two or more markets,through integration with our xSettlesolution, including same daysettlement under certaincircumstances> Access to cross border specialistswithin our Global Transaction Unit,servicing the internationalbrokerage community