US investors generally prefer to purchase ADRs rather than ordinary shares in the issuer’s home market because ADRs trade, clear and settle according to US market conventions. One of ADRs’ main advantages is the facilitation of diversification into foreign securities. ADRs also allow easy comparison to securities of similar companies as well as access to price and trading information, if listed. ADR holders also appreciate dollar dividend payments and receiving corporate action notifications.
The ADRs are traded on the U.S. over-the-counter market. The trading symbol is CGGYY. The CUSIP number is 12531Q204. The ratio between the ordinary share and the ADR is 1:1.
BNY Mellon. The depositary bank plays a key role in the process of issuance and as cancellation of ADRs. It also maintains the ADR holder register and distributes the dividends in US dollars. For additional information, please visit BNY Mellon’s website at www.adrbnymellon.com or contact the shareholder services department firstname.lastname@example.org.
Investor Services Department
PO Box 505000
Louisville, KY 40233-5000
United States of America
Call Shareholder Relations at 1-888-BNY-ADRS
International Holders call at +1-201-680-6825
A registered holder is one whose name appears on the books of the depositary. The registered holder is considered the owner of record. A beneficial holder is one whose holdings are registered in a name other than their own, such as in the name of a broker, bank or nominee.
Dividends are paid in U.S. dollars and are generally taxable, just like dividends on U.S. shares. In addition, taxes may be withheld by the ADR company's local government. Depending on individual circumstances, foreign taxes withheld might be applied as a credit against U.S. taxes, or tax reclaim opportunities may be offered. Please contact BNY Mellon to learn more.
For dividend and corporate action information, please visit BNY Mellon’s website at www.adrbnymellon.com. You can enter the company name, CUSIP or symbol in the “Quick Search” field at the top left of the screen to access the CGG DR Profile, which contains recent dividend and corporate action information.
You can buy an ADR through any U.S. broker, just as you would U.S. securities.
Global BuyDIRECT, a Direct Sale/Dividend Reinvestment Plan sponsored by BNY Mellon, offers investors the opportunity to purchase Depositary Receipts at commissions that are typically less than a retail broker. The Global BuyDIRECT Plan is a dividend reinvestment and direct purchase plan open to existing shareholders and new investors. Through the plan, participants can buy initial and additional ADRs, sell ADRs and reinvest dividends.
A shareholder wishing to convert Paris Stock Exchange-listed ordinary shares in to ADRs should, in the first instance, request that their broker contact the ADR Broker Desk at The Bank of New York Mellon. Contact details can be found below:
Alternatively, the shareholder may contact the ADR Broker Desk at BNY Mellon directly.
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CGG ordinary shares are listed on the Euronext (Compartment B) Paris stock market (ISIN Code: FR0013181864) and on the New York Stock Exchange (in the form of American Depositary Shares, NYSE: CGG).