Please be aware that as a result of the UK’s expected withdrawal from the European Union we have reluctantly concluded that we will need to discontinue the sale of new Depository Receipts to UK residents, which includes the issue of new Depository Receipts as part of the stock dividend scheme.
We charge 0.5% with a minimum charge of £5 to sell Depository Receipts. This charge is collected from your sales proceeds.Adjustment of the methodology for price calculation
The price of the depository receipts for Triodos Bank shares is based on the intrinsic value as stated in Triodos Bank’s financial accounts. These financial accounts are prepared on the basis of Dutch generally accepted accounting principles (Dutch GAAP).
Due to Triodos Bank’s increasing growth and internationalisation and in line with developments in the banking sector, Triodos Bank expects to adopt the International Financial Reporting Standards (IFRS) with effect from 1 January 2020.
As from the date on which Triodos Bank’s amended prospectus takes effect, the price of the depository receipts as calculated under Dutch GAAP will be adjusted in line with the estimated effect of the switch to IFRS.Resumption of trading
We will inform customers of Triodos Bank who are depository receipt holder as soon as the new price is available and the new prospectus has been approved by the regulator, via the website, in internet banking and through individual communication. Trading will resume at that moment. We expect that trading will resume within a few weeks.For UK customers only
Please be aware that as a result of the UK’s expected withdrawal from the European Union, Triodos Bank UK has reluctantly discontinued the sale of new Depository Receipts to UK residents, which includes the issue of new Depository Receipts as part of the stock dividend scheme.
If paid, cash dividends will be automatically paid by electronic bank transfer to your Depository Receipt Cash Account. Dividends will be converted from euros to sterling and will be subject to the euro-sterling exchange rate.
Depository Receipts are traded in euros and dividends, if paid, are in euros. Your total return is therefore subject to the euro-sterling exchange rate. This may adversely affect the sterling value of any investment in Triodos Bank or the amount of dividends you receive.