Form F-6

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Form F-6 is used to register depository shares represented by American Depositary Receipts (ADRs) issued by a depositary against the deposit of the securities of a foreign issuer. These are essentially shares of a foreign company traded on U.S. exchanges; however, the price/liquidity is not directly tied to the ADRs foreign counterpart due to the fact that they are two separate entities trading on different exchanges.