Drinks Company Appoints BNY Mellon for ADR Program

Ambev has appointed BNY Mellon as depositary bank for its American Depositary Receipt (ADR) program.

Each Ambev ADR represents one ordinary share and trades on the New York Stock Exchange under the symbol ABEV. Ambev’s ordinary shares trade on the BM&F Bovespa under the symbol “ABEV3.”

Ambev and its subsidiaries produce, distribute and sell beer, carbonated soft drinks, and other non-alcoholic and non-carbonated products in 16 countries across the Americas.

“Our broad experience with complex corporate reorganizations involving DRs will be brought to bear in supporting this important milestone in Ambev’s history,” said Christopher Kearns, CEO of BNY Mellon’s Depositary Receipts business. “We look forward to further helping the company tap into the U.S. and global investment communities.”