Inchcape ADR programme admitted for trading

Car dealer Inchcape says its American Depositary Receiptshave been formally admitted to trading on the Over-The-Counter platform in the United States via a sponsored Level I ADR programme.

Deutsche Bank has been appointed as the Depositary Bank for Inchcape's ADR programme. Each Inchcape ADR currently represents two LSE-listed Inchcape Ordinary Shares and this ratio will be adjusted to 1:1 on 27 January. Inchcape's ADRs will trade under the symbol 'INCPY'.