BNY Mellon has been appointed by TGS-NOPEC Geophysical Company as depositary bank for its sponsored American Depositary Receipt (ADR) program. Each TGS ADR represents one ordinary share and trades OTC under the symbol “TGSGY.”
Previously, TGS traded in the U.S. OTC market as an unsponsored DR program. TGS’ ordinary shares are also currently trading on the Oslo Bors under the symbol “TGS.”
TGS provides geo-science data to oil and gas exploration and production companies worldwide.
BNY Mellon Appointed Depositary By Norwegian Geoscience Company
BNY Mellon has been appointed by TGS-NOPEC Geophysical Company as depositary bank for its sponsored American Depositary Receipt (ADR) program.