Registration No. 333-266935
As filed with the Securities and Exchange Commission
October 2, 2024.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
POST-EFFECTIVE AMENDMENT NO. 1 TO
FORM F-6
REGISTRATION STATEMENT
Under
THE SECURITIES ACT OF 1933
For American Depositary Shares Evidenced by American
Depositary Receipts
SHIONOGI & CO., LTD.
(Exact name of Issuer of deposited securities as
specified in its charter)
Japan
(Jurisdiction of Incorporation or organization
of Issuer)
DEUTSCHE BANK TRUST COMPANY AMERICAS
(Exact name of depositary as specified in its charter)
1 Columbus Circle, New York, New York 10019
Tel. No.: (212) 250-9100
(Address, including zip code, and telephone number
of depositary's principal offices)
DEUTSCHE BANK TRUST COMPANY AMERICAS
1 Columbus Circle
New York, New York 10019
(212) 250-9100
(Address, including zip code, and telephone number
of agent for service)
Copy to:
DEUTSCHE BANK TRUST COMPANY AMERICAS
1 Columbus Circle
New York, New York 10019
It is proposed that this filing become effective
under Rule 466
x immediately
upon filing ¨ on
________ (Eastern Time)
If
a separate registration statement has been filed to register the deposited shares, check the following box. ¨
CALCULATION OF REGISTRATION FEE
| Title of Each Class of Securities to be Registered |
Amount
to be
Registered |
Proposed
Maximum
Offering
Price Per Unit (1) |
Proposed
Maximum
Aggregate
Offering
Price (2) |
Amount of
Registration
Fee |
| American
Depositary Shares evidenced by American Depositary Receipts, each American Depositary Share representing one-half (1/2) of one (1)
share of common stock of Shionogi & Co., Ltd. |
N/A |
N/A |
N/A |
N/A |
This Post-Effective Amendment No. 1 is being
filed to reflect a change in the ratio of shares of common stock of the issuer represented by American Depositary Shares. To effect this
change this Post-Effective Amendment No. 1 includes the filing of an amendment and restatement of the Agreement between Deutsche
Bank Trust Company Americas, as depositary (the "Depositary") and all holders from time to time of American Depositary Receipts
evidencing American Depositary Shares that is contained in the form of the American Depositary Receipt itself (constituting the Prospectus).
The existing Prospectus is being replaced in its entirety by the Prospectus filed with this Post-Effective Amendment No. 1 and the
amended and restated terms thereof are applicable to all currently outstanding and hereafter issued American Depositary Shares.
PART I
INFORMATION REQUIRED IN PROSPECTUS
Item 1. DESCRIPTION OF SECURITIES
TO BE REGISTERED
| Required Information |
|
Location in Form of Receipt Filed Herewith as Prospectus |
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| 1. |
Name of depositary and address of its principal executive office |
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Face of Receipt – introductory paragraph |
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| 2. |
Title of Receipts and identity of deposited securities |
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Face of Receipt – top center |
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| Terms of Deposit: |
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(i) |
The amount of deposited securities represented by one American Depositary Share (“ADS”) |
|
Face of Receipt – upper right corner |
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(ii) |
The procedure for voting the deposited securities |
|
Reverse of Receipt – Articles 11 and 13 |
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(iii) |
The procedure for collecting and distributing dividends |
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Reverse of Receipt – Articles 12 and 18 |
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(iv) |
The procedures for transmitting notices, reports and proxy soliciting material |
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Reverse of Receipt – Articles 11 and 15 |
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(v) |
The sale or exercise of rights |
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Reverse of Receipt – Articles 12 and 13 |
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(vi) |
The deposit or sale of securities resulting from dividends, splits or plans of reorganization |
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Reverse of Receipt – Articles 12 and 15 |
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(vii) |
Amendment, extension or termination of the deposit arrangements |
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Reverse of Receipt – Articles 17 and 18 (no provision for extension) |
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(viii) |
The rights of holders of Receipts to inspect the books of the depositary and the list of holders of Receipts |
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Face of Receipt – Article 3 |
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(ix) |
Restrictions upon the right to transfer or withdraw the underlying securities |
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Face of Receipt – Article 1, 2, 4 and 6;
Reverse of Receipt – Articles 14, 15 and 18 |
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(x) |
Limitation on the depositary’s liability |
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Face of Receipt – Article 1, 2, 4 and 7;
Reverse of Receipt – Articles 11, 12, 14, 15, 16, 18 and 21 |
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| 3. |
Fees and charges that a holder of Receipts may have to pay, either directly or indirectly |
|
Reverse of Receipt – Article 19 |
Item 2. AVAILABLE INFORMATION
| Required Information |
|
Location in Form of Receipt Filed Herewith as Prospectus |
| |
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|
| (a) |
Statement that as of the date of the establishment of the program for issuance of Receipts by the Depositary, the Depositary has a good faith belief (after limited investigation), that the issuer of the Deposited Securities publishes information in English required to maintain the exemption from registration under Rule 12g3-2(b) under the Securities Exchange Act of 1934 on its internet website or through an electronic information delivery system generally available to the public in its primary trading market. |
|
Face of Receipt – Article 8 |
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Prospectus
THIS PAGE AND THE FORM OF
AMERICAN DEPOSITARY RECEIPT ATTACHED HERETO AS EXHIBIT (A) CONSTITUTE THE PROSPECTUS RELATING TO SUCH AMERICAN DEPOSITARY RECEIPTS, IN
ACCORDANCE WITH GENERAL INSTRUCTION III.B OF FORM F-6 OF THE SECURITIES AND EXCHANGE COMMISSION
PART II
INFORMATION NOT REQUIRED
IN PROSPECTUS
Item 3. EXHIBITS
(a) Copy
of Agreement - The Agreement between the Depositary and all holders from time to time of American Depositary Receipts evidencing American
Depositary Shares registered hereunder is contained in the form of the American Depositary Receipt itself, constituting the Prospectus
filed as a part of this Registration Statement.
(b) Any
other agreement, to which the Depositary is a party, relating to the issuance of the Depositary Shares registered hereby or custody of
the deposited securities represented thereby. - None.
(c) Any
material contract relating to the deposited securities between the Depositary and the issuer of the deposited securities in effect at
any time within the last three years. - None.
(d) Opinion
of counsel to the Depositary as to the legality of the securities to be registered. Previously filed.
(e) Certification
under Rule 466.
Item 4. UNDERTAKINGS
(a)
The Depositary hereby undertakes to make available at the principal office of the Depositary in the United States, for inspection by holders
of the Receipts, any reports and communications received from the issuer of the deposited securities which are both (1) received
by the Depositary as the holder of the deposited securities; and (2) made generally available to the holders of the underlying securities
by the issuer.
(b)
If the amount of fees charged is not disclosed in the prospectus, the Depositary undertakes to prepare a separate document stating the
amount of any fee charged and describing the service for which it is charged and to deliver promptly a copy of such fee schedule without
charge to anyone upon request. The Depositary undertakes to notify each registered holder of a Receipt thirty days before any change in
the fee schedule.
SIGNATURE
Pursuant
to the requirements of the Securities Act of 1933, as amended, Deutsche Bank Trust Company Americas, on behalf of the legal entity created
by the agreement for the issuance of American Depositary Shares, certifies that it has reasonable grounds to believe that all of the requirements
for filing on Form F-6 are met and has duly caused this Post-Effective Amendment No. 1 to Registration Statement on Form F-6
to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York, State of New York, as of October 2,
2024.
| |
Legal entity created by the agreement for the issuance of American Depositary Receipts evidencing American Depositary Shares representing the right to receive shares of common stock of Shionogi & Co., Ltd. |
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By: |
DEUTSCHE BANK TRUST COMPANY AMERICAS, Depositary |
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By: |
/s/ Michael Curran |
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Name: Michael Curran |
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Title: Vice President |
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By: |
/s/ Michael Tompkins |
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Name: Michael Tompkins |
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Title: Director |
INDEX TO EXHIBITS
| Exhibit | |
|
| Number | |
|
| (a) | |
Form of ADR |
| (e) | |
Rule 466 Certification |
Exhibit (a)
SUBSCRIPTION RIGHTS: Under current Japanese practice
offerings of rights to subscribe to additional underlying securities are sometimes made, and in varying amounts, with a subscription price
sometimes below the current market price of the security. In the absence of registration under the United States Securities Act of 1933,
as amended, of such rights the Depositary intends to endeavor to dispose of the rights for the benefit of the Holders and Beneficial Owners
of Receipts as provided in paragraph 12 hereof. Any disposal of rights may substantially dilute the equity of Holders and Beneficial Owners
of Receipts. Details with respect thereto may be obtained from the Depositary.
THE RELEASE OF THE SHARES OF COMMON STOCK OF THE ISSUER (AS HEREINAFTER DEFINED) UNDERLYING THE ADSs REPRESENTED BY THIS AMERICAN DEPOSITARY
RECEIPT MAY BE LIMITED TO A UNIT OF SUCH NUMBER OF SHARES OF COMMON STOCK AS THE ARTICLES OF INCORPORATION MAY FROM TIME TO
TIME DESIGNATE AS A "UNIT OF SHARES" OR INTEGRAL MULTIPLES THEREOF. ONLY WHOLE SHARES MAY BE WITHDRAWN.
[This revised form of American Depositary Receipt
is filed to reflect that the Issuer changed the ratio of ADSs to shares, effective October 1, 2024]
Number |
|
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__________________ |
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Each American Depositary Share |
| |
represents one-half (1/2) of one
(1) share |
| |
of common stock of Shionogi & Co.,
Ltd. |
Deutsche Bank Trust Company Americas
American Depositary Receipt
Evidencing
American Depositary Shares
Representing Shares of Common Stock of
Shionogi & Co., Ltd.
(Incorporated under the laws of Japan)
Deutsche Bank Trust Company
Americas, as Depositary (hereinafter referred to as the Depositary), hereby certifies that (i) at the date hereof there have been
deposited with the Depositary or its agent, nominee, custodian or correspondent the Shares described above or evidence of the right to
receive such Shares; (ii) at the date hereof each American Depositary Share evidenced by this Receipt represents the amount of such
securities shown above and deposited or deemed to be deposited hereunder as provided in clause (i) above (iii) from time to
time hereafter, each American Depositary Share evidenced by this Receipt shall represent such number of Shares and any and all other shares,
stock, securities, cash and/or other property held by the Depositary in place thereof or in addition thereto (collectively, the “Deposited
Securities”) as provided herein and (iv)
or registered assigns IS THE HOLDER OF
AMERICAN DEPOSITARY SHARES evidenced by this Receipt and, except as otherwise herein expressly provided, is entitled, upon surrender
at the office of the Depositary (the “Depositary’s Office”), of this Receipt duly endorsed for transfer, upon payment
of the fees and charges as provided on the reverse of this Receipt and in compliance with applicable laws and governmental regulations,
at the Holder’s option, (1) to delivery at the office of the agent, nominee, custodian or correspondent of the Depositary,
to a person specified by the Holder, of the amount of Deposited Securities represented hereby or evidence of the right to receive the
same or (2) to have such Deposited Securities forwarded at such Holder’s cost and risk to him at the Depositary’s Office.
The term “Beneficial
Owner” shall mean any person who has a beneficial interest in any American Depositary Share evidenced by this Receipt. The
term “Holder” shall mean the person or persons in whose name this Receipt is registered upon the books of the Depositary from
time to time. The term “Securities Act of 1933” shall mean the United States Securities Act of 1933, as amended
from time to time. The term “Shares” shall mean the shares of common stock of Shionogi & Co., Ltd. (the
“Issuer”) heretofore validly issued and outstanding and fully paid, nonassessable and free of any pre-emptive rights of the
holders of outstanding Shares or hereafter validly issued and outstanding and fully paid, nonassessable and free of any pre-emptive rights
of the holders of outstanding Shares or interim certificates representing such Shares.
1. Receipts. This
Receipt is one of a continuing issue of Receipts, all evidencing rights of like tenor with respect to the Deposited Securities, and all
issued or to be issued upon the terms and conditions provided herein, which shall govern the continuing arrangement by the Depositary
with respect to initial deposits as well as the rights of Holders and Beneficial Owners of Receipts subsequent to such deposits. The
Depositary will not knowingly accept for deposit any Shares required to be registered under the provisions of the Securities Act of 1933
unless a registration statement is in effect as to such Shares.
2. Withdrawal
of Deposited Securities and cancellation of Receipts. Receipts may be surrendered for withdrawal of the Deposited Securities
and cancellation only in multiples of whole Shares of the Issuer. The surrender of outstanding Receipts and the withdrawal of Deposited
Securities may only be suspended for (i) temporary delays caused by closing the transfer books of the Depositary or the Issuer or
the deposit of Shares in connection with voting at a shareholders’ meeting or the payment of dividends, (ii) the payment of
fees, taxes and similar charges, (iii) compliance with any U.S. or foreign laws or governmental regulations relating to the Receipts
or to the withdrawal of the Deposited Securities or (iv) any other reason that may at any time be specified in paragraph I(A)(1) of
the General Instructions to Form F-6, as from time to time in effect, or any successor provision thereto. If the American Depositary
Shares evidenced by the Receipts are fungible with American Depositary Shares representing Shares of the Issuer and issued by another
depositary bank in respect thereof and/or other property held by such depositary bank, the Depositary shall be entitled to cancel any
Receipt and cause the replacement of it, without the consent of the Holder, with a receipt representing an equivalent number of such American
Depositary Shares issued by another depositary bank, which may thereafter be surrendered as provided in that other receipt, for which
purposes American Depositary Shares issued by different depositary banks shall be deemed to be fungible if they have the same Committee
on Uniform Security Identification Procedures number and/or trading symbol. The Depositary shall notify Holders of the change in
depositary not less than 30 days prior to the Depositary (or any of its affiliates) cancelling and replacing any Receipt(s), as described
above. Any such cancellation and replacement shall be at the Depositary’s expense and at no cost to the Holder.
3. Transfer
of Receipts; Combination and Split-up of Receipts. Until the surrender of this Receipt in accordance with the
terms hereof, the Depositary will keep at a designated transfer office in the Borough of Manhattan, The City of New York, a register for
the registration and registration of transfers of Receipts and where the Holders of Receipts may, during regular business hours, inspect
the transfer books or the list of Holders of Receipts as maintained by the Depositary. The transfer of this Receipt is registrable
on the transfer books of the Depositary at the Depositary’s Office in the City of New York by the Holder hereof in person or by
duly authorized attorney, upon surrender of this Receipt properly endorsed for transfer or accompanied by proper instruments of transfer
and payment of funds sufficient to pay the fees and expenses of the Depositary and any applicable taxes and other governmental charges
and upon compliance with such regulations, if any, as the Depositary may establish for such purpose. This Receipt may be split
into other such Receipts, or may be combined with other such Receipts into one Receipt, representing the same aggregate number of Deposited
Securities as were represented by the American Depositary Shares evidenced by the Receipt or Receipts surrendered. Upon any
such split or combination not involving a transfer, a charge may be made as provided herein. The Depositary may close the transfer
books at any time or from time to time when deemed expedient by it in connection with the performance of its duties hereunder, subject
to the provisions of Article 2 hereof.
4. Proof
of Citizenship, Residence, etc. The Depositary may require any Holder or Beneficial Owner of Receipts, or any
person presenting securities for deposit against the issuance of Receipts, from time to time, to file such proof of citizenship or residence
and to furnish such other information, by affidavit or otherwise, and to execute such certificates and other instruments as may be necessary
or proper to comply with the constitutional documents of the Issuer or any laws or regulations relating to the ownership of Shares, the
issuance or transfer of Receipts, the receipt or distribution of dividends or other property or the taxation thereof or of Receipts or
Deposited Securities. Each Holder and Beneficial Owner of Receipts agrees to comply with the foregoing and the Depositary may withhold
the issuance or registration of transfer of any Receipt or payment of such dividends or delivery of such property from any Holder, Beneficial
Owner or other person, as the case may be, who shall fail to file such proofs, certificates or other instruments.
Each Holder and Beneficial
Owner consents to the disclosure by the Depositary of all information furnished by it pursuant to this Article.
5. Transferability
and Record Ownership. It is a condition of this Receipt, and every successive Holder and Beneficial Owner of this Receipt
by accepting or holding the same consents and agrees, that title to this Receipt, when properly endorsed or accompanied by proper instrument
of transfer, is transferable by delivery with the same effect as in the case of a negotiable instrument; provided, however,
that prior to the due presentation of this Receipt for registration of transfer as provided in Article 3 hereof, and subject to the
provisions of Article 13 hereof, the Depositary, notwithstanding any notice to the contrary, may treat the person in whose name this
Receipt is registered on the books of the Depositary as the absolute owner hereof for the purpose of determining the persons entitled
to dividends or other distributions or to any notice pursuant to the terms hereof and for all other purposes.
6. Limitations
on Execution and Delivery, Transfer and Surrender of Receipts. Subject to the provisions of Article 2 hereof, the delivery
of Receipts against deposits of Shares generally or against deposits of particular Shares may be suspended, or the registration of transfer
of Receipts in particular instances may be refused, or registration of transfer of outstanding Receipts or the combination or split-up
of Receipts generally may be suspended, during any period when the transfer books of the Depositary are closed, or if any such action
is deemed necessary, expedient or advisable by the Depositary at any time or from time to time because of any requirement of law or of
any government or governmental body or commission, or under any provision of this Receipt, or for any other reason.
7. Liability
of Holder for Taxes; Etc. The Depositary shall not be liable for any governmental taxes, assessments or charges or
corporate assessments or charges which may become payable in respect of the Deposited Securities or Receipts, but a ratable part of any
and all of the same, whether such tax, assessment or charge becomes payable by reason of any present or future tax, statute, charter provision,
by-law, regulation or otherwise, shall be payable by the Holder of this Receipt to the Depositary at any time upon request and by holding
or having held an American Depositary Share or Receipt, the Holder and all prior Holders hereof, jointly and severally, agree to indemnify,
defend and save harmless each of the Depositary and its agents in respect thereof. Upon the failure of the Holder of this Receipt
to pay any such amount, the Depositary may withhold dividends or other distributions, or may sell for the account of such Holder all or
any part of the Deposited Securities represented by the American Depositary Shares evidenced by this Receipt, and may apply such dividends
or other distributions or the proceeds of any such sale in payment of such tax, assessment or charge, and the Holder hereof shall remain
liable for any deficiency. If the Depositary determines that any distribution other than cash (including, without limitation, Shares and
rights) is subject to any tax that the Depositary or the Custodian is obligated to withhold, the Depositary may dispose of all or a portion
of such property in such amounts and in such manner as the Depositary deems necessary and practicable to pay such taxes, by public or
private sale, and the Depositary shall distribute the net proceeds of any such sale or the balance of any such property after deduction
of such taxes to the Holders entitled thereto. Neither the Depositary nor the Custodian shall be liable for the failure by any Holder
or Beneficial Owner to obtain the benefits of credits on the basis of non-U.S. tax paid against such Holder’s or Beneficial
Owner’s income tax liability. The Depositary is under no obligation to provide the Holders and Beneficial Owners with
any information about the tax status of the Issuer. The Depositary shall not incur any liability for any tax consequences that may be
incurred by Holders and Beneficial Owners on account of their ownership of the American Depositary Shares, including without limitation,
tax consequences resulting if the Issuer (or any of its subsidiaries) is treated as a “Passive Foreign Investment Company”
(as defined in the U.S. Internal Revenue Code and the regulations issued thereunder) or otherwise. Every Holder and Beneficial Owner
agrees to, and shall, indemnify the Depositary, the Custodian and each and every of their respective officers, directors, employees, agents
and affiliates against, and hold each of them harmless from, any claims with respect to taxes, additions to tax (including applicable
interest and penalties thereon) arising out of any refund of taxes, reduced rate of withholding at source or other tax benefit obtained.
8. Available
Information. As of the date of the establishment of the program for issuance of Receipts by the Depositary, the Depositary
had a good faith belief (after limited investigation), that the Issuer publishes information in English required to maintain the exemption
from registration under Rule 12g3-2(b) under the Securities Exchange Act of 1934, as amended (the “Securities Exchange
Act of 1934”) on its Internet Web site (www.shionogi.com/us/en) or through an electronic information delivery system generally
available to the public in its primary trading market. Should such Issuer become subject to the periodic reporting or other informational
requirements under the Securities Exchange Act of 1934, it will be required in accordance therewith to file reports and other information
with the U.S. Securities and Exchange Commission. The Depositary does not assume any duty to determine if the Issuer is complying
with the current requirements of Rule 12g3-2(b) under the Securities Exchange Act of 1934 or to take any action if the Issuer
is not complying with those requirements.
Deutsche Bank Trust Company Americas,
as Depositary
By:
Attest:
The Depositary’s Office is currently located
at 1 Columbus Circle, New York, New York 10019.
(REVERSE OF RECEIPT)
9. Representations,
Warranties and Agreements. Every person presenting Shares for deposit shall be deemed thereby to represent and warrant
that (i) such Shares and, if applicable, each certificate therefor, are duly authorized, validly issued, fully paid, nonassessable
and were legally obtained by such person, (ii) all pre-emptive (and similar) rights, if any, with respect to such Shares have been
validly waived or exercised, (iii) the person making such deposit is duly authorized so to do, (iv) the Shares presented for
deposit are free and clear of any lien, encumbrance, security interest, charge, mortgage or adverse claim, and have not been stripped
of any rights or entitlements, and (v) such person or the Holder or the Beneficial Owner is not the Issuer or an officer, director
(or person performing similar functions) of the Issuer, does not directly or indirectly control, is not directly or indirectly controlled
by and is not under common control with the Issuer and does not intend to deliver the Receipt evidencing such Shares to any of the foregoing.
Each such person shall also be deemed to represent that the Shares would not be required to be registered under the Securities Act of
1933 in connection with the offer or sale thereof in the United States. Such representations and warranties shall survive the deposit
and withdrawal of Shares, the issuance and cancellation of American Depositary Shares in respect thereof and the transfer of such American
Depositary Shares. If any such representations or warranties are false in any way, the Depositary shall be authorized, at the cost
and expense of the person depositing Shares, to take any and all actions necessary to correct the consequences thereof. Holders
and Beneficial Owners shall comply with any limitations on ownership of Shares under the constitutional documents of the Issuer or applicable
law as if they held the number of Shares their American Depositary Shares represent.
10. Further
Conditions. This Receipt is issued subject, and all rights of the Holder and Beneficial Owner hereof are expressly subject,
to the terms and conditions set forth on both sides of this Receipt, all of which form a part of the agreement evidenced in this Receipt
and to all of which the Holder and Beneficial Owner hereof by accepting this Receipt consent and agree.
11. Notices;
Voting Rights. The Depositary shall be under no obligation to give notice to the Holder or any Beneficial Owner of
this Receipt of any meeting of shareholders or of any report of or communication from the Issuer or of any other matter concerning the
affairs of the Issuer, except as herein expressly provided. The Depositary undertakes to make available for inspection by Holders
of the Receipts at the Depositary’s Office any reports and communications received by the Depositary or any agent, nominee, custodian
or correspondent of the Depositary from the Issuer which were both received by the Depositary as the holder of the Deposited Securities
and made generally available to the holders of such Deposited Securities by the Issuer. Such reports and communications will be
available in the language in which they were received by the Depositary from the Issuer, except to the extent, if any, that the Depositary
in its sole discretion elects both to translate into English any of such reports or communications that were not in English when received
by the Depositary and to make any such translation available for such inspection by Holders of the Receipts. The Depositary has
no obligation of any kind to translate any of such reports or communications or to make any such translation available for inspection.
The Depositary shall not incur any liability to any Holder or Beneficial Owner by reason of any such translation provided by the Depositary,
whether or not such translation was prepared by the Depositary, nor shall the Depositary incur any liability for any misstatement in or
omission from any reports or communications received by the Depositary or any agent, nominee, custodian or correspondent of the Depositary
from the Issuer and which the Depositary makes available to the Holder. The Issuer shall remain in all circumstances the official source
of all information about itself in any such report or communication and the Depositary shall not be responsible for the content thereof
or any error therein.
Upon the written request of
the Holder hereof and the payment by the Holder to the Depositary of a fee determined by the Depositary and any expenses and costs
involved, the Depositary will endeavor insofar as practicable to exercise any then existing voting rights with respect to an amount of
the Deposited Shares represented hereby in accordance with such request.
12. Distributions. Until
the termination of the agreement evidenced in this Receipt in accordance with the terms hereof, the Depositary shall distribute or otherwise
make available to the Holder hereof, at a time and in such manner as it shall determine, any cash dividend, other cash distribution, distribution
of Shares, subscription or other rights or any other distribution with respect to the Deposited Securities represented by the American
Depositary Shares evidenced hereby, after deduction, or upon payment of, the fees and expenses of the Depositary described in Article 19
hereof, and the withholding of any taxes in respect thereof; provided, however, that the Depositary shall not make any distribution
which in the opinion of counsel may violate the Securities Act of 1933 or any other applicable law and for which it shall not have
received adequate assurances with respect to compliance with such law or laws, or if the Depositary otherwise determines that distribution
would not be practicable and, in such cases, the Depositary may sell such Shares, subscription or other rights, securities or other property. In
the event that the Depositary elects not to make any such distribution the Depositary need only notify Holders of the disposition thereof
and the proceeds, if any, of any such sales. Any dividend or other distribution received by the Depositary in cash in a currency
other than U.S. dollars shall, subject to the provisions of the following paragraph, be converted into U.S. dollars and distributed as
herein provided in U.S. dollars. In lieu of distributing fractional Shares, the Depositary may, in its discretion, sell the amount
of securities or property equal to the aggregate of any fractional Shares. The Depositary shall have discretion as to the procedure
to be followed in making subscription or other rights available to any Holder or in disposing of such rights on behalf of any Holder and
making the net proceeds available to such Holder, provided that if by the terms of such rights offering or for any other reason it would
be unlawful for the Depositary either to make such rights available to any Holder or dispose of such rights and make the net proceeds
from the sale of such rights available to such Holder, then the Depositary may allow such rights to lapse. Sales of subscription
or other rights, securities or other property by the Depositary may be made at such time and in such manner as the Depositary may deem
advisable and, in such case, the Depositary shall distribute to the Holder hereof the net proceeds after deduction of the fees and expenses
of the Depositary described in Article 19 hereof and any applicable withholding taxes or other governmental charges in respect thereof.
If the Depositary shall determine
in its sole judgment that any cash distribution is not convertible in its entirety or with respect to the Holders of a portion of the
Receipts on a reasonable basis into U.S. dollars available to it in the City of New York, or if any required approval or license of any
government or agency for such conversion is denied or is not obtainable within a reasonable period, the Depositary may in its discretion
make such conversion and distribution in U.S. dollars to the extent possible to the Holders entitled thereto, at such time and rates of
conversion as the Depositary shall deem appropriate, and shall with respect to any such currency not converted or convertible either distribute
such currency to the Holders entitled thereto or hold such currency for the respective accounts of such Holders and distribute appropriate
warrants or other instruments evidencing rights to receive such foreign currency. Fractional cents will be withheld without liability
and dealt with by the Depositary in accordance with its then current practices.
13. Record
Dates. Whenever any cash dividend or other cash distribution shall become payable or any distribution other than cash
shall be made, or whenever rights shall be issued, with respect to Deposited Securities, or whenever the Depositary shall receive notice
of any of the foregoing or meeting of holders of Shares or other Deposited Securities, or whenever it is necessary or convenient in the
judgment of the Depositary to determine the Holders of Receipts, the Depositary will fix a record date for the determination of the Holders
generally or the Holders of Receipts who shall be entitled to receive such dividend, distribution or rights, or the net proceeds of the
sale thereof, or to give instructions for the exercise of voting rights at any such meeting. Surrender of this Receipt for
registration of transfer subsequent to any such record date and prior to the date of payment, distribution or meeting shall not affect
the right of the Holder hereof on such record date to receive such payment or distribution or, subject to Article 11 hereof, to direct
the manner of voting the Deposited Securities represented hereby.
14. Forwarding
and Delivery of Deposited Securities. At any time the Depositary may, in its sole discretion, cause any or all Deposited
Securities to be forwarded at the cost and risk of the Holders of the Receipts to the Depositary’s Office or to any agent, nominee,
custodian or correspondent of the Depositary, to be held by the Depositary, or such agent, nominee, custodian or correspondent, in which
case the Holder hereof shall have, in lieu of the option set forth in clauses (1) and (2) of the first paragraph on the face
hereof, the right (i) to receive at no additional cost at the Depositary’s Office or the office of such agent, nominee, custodian
or correspondent, as the case may be, or (ii) to have forwarded, at the cost and risk of such Holder, to or upon the order of such
Holder at the address designated by such Holder to the Depositary in writing, such amount of Deposited Securities as are represented hereby
upon the surrender of this Receipt properly endorsed or accompanied by proper instruments of transfer and upon payment of the
applicable fees, taxes and charges. The Depositary shall not incur any liability to any Holder or Beneficial Owner of this
Receipt by reason of any such forwarding or failure to forward any or all Deposited Securities.
15. Changes
Affecting Deposited Securities. Upon (i) any change in nominal or par value, or any split-up, combination or any
other reclassification, of any Deposited Securities or (ii) any recapitalization, reorganization, sale of assets, liquidation, receivership,
bankruptcy, merger or consolidation affecting the Issuer or to which it is a party, then and in any such case the Depositary shall have
the right to exchange or surrender such Deposited Securities and accept and hold hereunder in lieu thereof other shares, securities, cash
or property to be issued or delivered in lieu of or in exchange for, or distributed or paid with respect to, such Deposited Securities. Upon
any such exchange or surrender, the Depositary shall have the right, in its discretion, to call for surrender of this Receipt in exchange
(upon payment of fees and expenses of the Depositary and any applicable taxes and governmental or other charges) for one or more new Receipts
of the same form and tenor as this Receipt, specifically describing such new shares, securities, cash or other property. In
any such case the Depositary shall have the right to fix a date after which this Receipt shall only entitle the Holder to receive such
new Receipt or Receipts.
If any of the Deposited Securities
are redeemable, the Depositary shall have the rights set forth in the immediately preceding paragraph. The Depositary shall
mail notice of any redemption of Deposited Securities to the Holders of Receipts, provided that, in the case of any redemption of less
than all of the Deposited Securities, the Depositary shall draw in such manner as it shall determine an equivalent number of American
Depositary Shares and shall mail notice of redemption only to the Holders of Receipts evidencing the American Depositary Shares so drawn
for redemption, in whole or in part. The sole right of the Holders of Receipts evidencing American Depositary Shares designated
for redemption after the mailing of any such notice of redemption shall be to receive the cash, rights and/or other property applicable
to the same, upon surrender to the Depositary (and upon payment of the fees and expenses of the Depositary and any applicable taxes and
governmental or other charges) of the Receipts evidencing such American Depositary Shares.
16. Liability
of the Depositary. Neither the Depositary nor any of its agents assumes any obligation, and none of them shall incur any
liability, to any Holder or Beneficial Owner of this Receipt (including, without limitation, liability with respect to any investment
risk associated with acquiring or disposing of an interest in the Deposited Securities, for the validity or worth, or the rights or entitlement
appertaining to, or any fluctuation in value of, the Deposited Securities, for the content of any information submitted to it or the Custodian
by or on behalf of the Issuer and distributed to Holders or Beneficial Owners (including for any misstatement therein or omissions therefrom)
or for any tax consequences that may result from the ownership of American Depositary Shares, Shares or Deposited Securities and/or
with respect to the time and rates for conversion of any foreign currency into U.S. dollars) except that it agrees to perform its obligations
specifically set forth in this Receipt without gross negligence or willful misconduct and no implied covenants or obligations shall be
read into the agreement evidenced in this Receipt against the Depositary or its agents. In addition, neither the Depositary nor any of
its agents shall incur any liability to any Holder or Beneficial Owner of this Receipt or any other person or entity if, by reason of
any provisions of any present or future law, rule, regulation, fiat, order or decree of the United States of America, or of any state
thereof, or of any foreign country, or political subdivision or jurisdiction thereof or of any governmental entity or regulatory authority
or stock exchange, or by reason of any provision, present or future, of the charter or certificate of incorporation, memorandum or articles
of association, statutes, code of regulations, by-laws or resolutions of the Issuer, the Depositary or its agents shall be prevented or
forbidden from or subjected to any civil or criminal penalty or extraordinary expenses on account of doing or performing any act or thing
which by the terms hereof shall be done or performed; nor shall the Depositary or any of its agents incur any liability to any Holder
or Beneficial Owner hereof by reason of any delay in the performance or non-performance of any act or thing which by the terms hereof
shall be done or performed, caused as aforesaid or arising out of any act of God, war, terrorism, nationalization, expropriation, currency
restrictions, work stoppage, strike, civil unrest, revolutions, rebellions, explosions, computer failure or circumstance beyond its control,
or by reason of any exercise of, or failure to exercise, any discretion provided for herein or otherwise. In no event shall the Depositary
or any of its agents be liable for any indirect, special, punitive or consequential damages or be liable to any person other than the
Holder. The Depositary shall not be responsible for, and shall incur no liability in connection with or arising from, any act or
omission to act on the part of the Custodian. The Depositary and its agents may rely and shall be protected in acting upon any written
notice, request, direction, instruction or document believed by them to be genuine and to have been signed, presented or given by the
proper party or parties. The Depositary shall be under no obligation to inform Holders or Beneficial Owners about the requirements
of any laws, rules or regulations or any changes therein or thereto. Nothing in this Receipt shall establish a fiduciary relationship
between the parties.
The Depositary shall not be
responsible for any failure to carry out any requests to vote or for the manner or effect of any vote made either with or without request,
or for not exercising any right to vote. The Depositary shall be under no obligation to appear in, prosecute or defend any
action, suit or other proceeding in respect of any of the Deposited Securities or in respect of the Receipts which in its opinion may
involve it in expense or liability, unless indemnity satisfactory to it against all expenses and liabilities be furnished as often as
may be required. The Depositary shall not incur any liability to any Holder or Beneficial Owner of a Receipt for any action or inaction
by it in reliance upon the advice of or information from legal counsel, accountants, any person presenting Shares for deposit, any Holder
or Beneficial Owner or any other person believed by it to be competent to give such advice or information. The Depositary and
any of its affiliates may each become the owner of and deal in securities of any class of the Issuer and in Receipts.
The Depositary shall not be
liable for the acts or omissions made by, or the insolvency of, any securities depository, clearing agency or settlement system. The
Depositary shall not be responsible for, and shall incur no liability in connection with or arising from, the insolvency of any Custodian
that is not a branch or affiliate of the Depositary. The Depositary shall not have any liability for the price received in connection
with any sale of securities, the timing thereof or any delay in action or omission to act nor shall it be responsible for any error or
delay in action, omission to act, default or negligence on the part of the party so retained in connection with any such sale or proposed
sale. The Depositary shall not be responsible for, and shall incur no liability in connection with or arising from, any act or omission
to act on the part of the Custodian.
The issuer of the Receipts
is deemed to be the legal entity resulting from the agreement evidenced in this Receipt.
17. Amendment
of Receipts. The form of the Receipts may at any time and from time to time be amended by the Depositary in any respect
which it may deem necessary or desirable. Any amendment which shall prejudice any substantial existing right of Holders shall
not become effective as to outstanding Receipts until the expiration of 30 days after notice of such amendment shall have been given to
the Holders of outstanding Receipts; provided, however, that such 30 days’ notice shall in no event be required with
respect to any amendment which shall impose or increase any taxes or other governmental charges, registration fees, cable, telex or facsimile
transmission costs, delivery costs or other such expenses. Every Holder of a Receipt at the time any amendment so becomes
effective shall be deemed, by continuing to hold such Receipt, to consent and agree to such amendment and to be bound by the agreement
evidenced in this Receipt as amended thereby. In no event shall any amendment impair the right of the Holder of any Receipt
to surrender such Receipt and receive therefor the Deposited Securities represented by the American Depositary Shares evidenced thereby,
except in order to comply with mandatory provisions of applicable law. Any amendments or supplements which the Depositary believes
(i) are reasonably necessary in order for the American Depositary Shares to be registered on Form F-6 under the Securities Act
of 1933 or the American Depositary Shares or the Shares to be traded solely in electronic book-entry form and (ii) do not in either
such case impose or increase any fees or charges to be borne by Holders, shall be deemed not to materially prejudice any substantial rights
of Holders or Beneficial Owners. Notwithstanding the foregoing, if any governmental or regulatory body should adopt new laws, rules or
regulations which would require amendment or supplement to the terms hereof to ensure compliance therewith, the Depositary may amend or
supplement the terms hereof at any time in accordance with such changed laws, rules or regulations. Such amendment or
supplement to the terms hereof may become effective before a notice of such amendment or supplement is given to Holders or within any
other period of time as required for compliance with such laws, rules or regulations. Notice of any amendment to the terms hereof
shall not need to describe in detail the specific amendments effectuated thereby, and failure to describe the specific amendments in any
such notice shall not render such notice invalid, provided, however, that, in each such case, the notice given to the Holders identifies
a means for Holders to retrieve or receive the text of such amendment.
18. Termination
of Agreement and Surrender of this Receipt. The Depositary may at any time terminate the agreement evidenced in this
Receipt and all other Receipts by mailing notice of such termination to the Holders of all the Receipts then outstanding at their addresses
appearing upon the books of the Depositary, at least 30 days prior to the date fixed in such notice of termination. On and after such
date of termination the Holder hereof, upon surrender of this Receipt at the Depositary’s Office, will be entitled to delivery of
the amount of the Deposited Securities represented by the American Depositary Shares evidenced hereby at such date of termination upon
the same terms and conditions, upon payment of a fee at the rates provided herein with respect to the surrender of this Receipt for Deposited
Securities and upon payment of any applicable taxes and governmental or other charges. The Depositary may convert any dividends received
by it in cash after the termination date into U.S. dollars as herein provided, and after deducting therefrom the fees and expenses of
the Depositary and taxes and other governmental charges referred to herein, hold the balance of said dividends for the pro rata
benefit of the Holders of the respective Receipts. As to any Receipts not so surrendered within 30 days after such date of termination,
the Depositary shall thereafter have no obligation with respect to the collection or disbursement of any subsequent dividends or any subscriptions
or other rights accruing on the Deposited Securities. After the expiration of six months from such date of termination the
Depositary may sell any remaining Deposited Securities in such manner as it may determine appropriate and may thereafter hold uninvested
the net proceeds of any such sale or sales, together with any dividends received prior to such sale or the U.S. dollars received on conversion
thereof, unsegregated and without liability for interest thereon, for the pro rata benefit of the Holders of the Receipts which
have not theretofore been surrendered for cancellation, such Holders thereupon becoming general creditors of the Depositary with respect
to such net proceeds. After making such sale, or if no such sale can be made after the expiration of two years from such date
of termination, the Depositary shall be discharged from all obligations whatsoever to the Holders and Beneficial Owners of the Receipts
except to make distributions of the net proceeds of sale and of such dividends (after deducting all fees, charges and expenses of the
Depositary) or of the Deposited Securities in case no sale can be made upon surrender of the Receipts.
19. Certain
Fees and Charges of the Depositary. The Depositary may charge any party depositing or withdrawing Shares, any party transferring
or surrendering Receipts, any party to whom Receipts are issued (including issuance pursuant to a stock dividend or stock split or an
exchange of stock or distribution or a change in the number of Shares represented by each American Depositary Share) or Holders, as applicable,
(i) fees for the delivery or surrender of American Depositary Shares and/or Receipts and deposit or withdrawal of Shares, (ii) fees
for distributing cash, Shares or other property received in respect of Deposited Securities, (iii) taxes (including applicable interest
and penalties) and other governmental charges, (iv) registration or custodial fees or charges relating to the Shares, (v) cable,
telex and facsimile transmission expenses and delivery charges, (vi) foreign currency conversion expenses and fees, (vii) depositary
servicing fees, (viii) fees for the sale of Shares and the distribution of cash proceeds therefrom upon termination of the agreement
evidenced in this Receipt and (ix) any and all other fees, charges, costs and expenses that may be incurred from time
to time by the Depositary and/or any of its agents (including, without limitation, the Custodian and expenses incurred on behalf of Holders
in connection with compliance with foreign exchange control regulations or any law or regulation relating to foreign investment) in connection
with the Receipt program, the servicing of the Shares or other Deposited Securities and/or American Depositary Shares, the sale of securities
(including, without limitation, Deposited Securities), the delivery of Deposited Securities or otherwise in connection with the Depositary’s
or its Custodian’s compliance with applicable laws, rules or regulations. The Depositary’s fees and charges may differ
from those of other depositaries. The Depositary reserves the right to modify, reduce or increase its fees upon 30 days’
notice to the Holder hereof. The Depositary will provide, without charge, a copy of its latest schedule of fees and charges
to any party requesting it. The Depositary may collect any of its fees by deduction from any cash distribution payable, or by selling
a portion of any securities to be distributed, to Beneficial Owners that are obligated to pay those fees.
20. Governing
Law; Etc. This Receipt shall be interpreted in accordance with, and all rights and obligations hereunder and provisions
hereof shall be governed by, the laws of the State of New York applicable to contracts made in and to be performed in that state.
All actions and proceedings
brought by any Holder or Beneficial Owner or holder of this Receipt against the Depositary arising out of or relating to the Shares or
other Deposited Securities, the American Depositary Shares or the Receipts, or any transaction contemplated herein, shall be litigated
only in courts located within the Borough of Manhattan in The City of New York.
EACH HOLDER, BENEFICIAL OWNER
AND HOLDER OF INTERESTS IN RECEIPTS HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE
TO A TRIAL BY JURY IN ANY SUIT, ACTION OR PROCEEDING AGAINST THE DEPOSITARY DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THE SHARES
OR OTHER DEPOSITED SECURITIES, THE AMERICAN DEPOSITARY SHARES OR THE RECEIPTS, OR ANY TRANSACTION CONTEMPLATED HEREIN, OR THE BREACH HEREOF, INCLUDING
WITHOUT LIMITATION, ANY QUESTION REGARDING EXISTENCE, VALIDITY OR TERMINATION (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY).
21. Miscellaneous. From
time to time the Depositary may pay rebates to brokers (including, without limitation, brokers that are affiliates of the Depositary)
that deposit Shares with the Depositary for the issuance of Receipts. The Depositary assumes no obligation or responsibility, and expressly
disclaims any liability arising out of, or relating to, such rebates, including without limitation whether such rebates or any portion
thereof are passed on to Beneficial Owners by such brokers. Each Holder or Beneficial Owner of this Receipt hereby acknowledges that
affiliates of the Depositary may provide services in connection with this Receipt or otherwise earn commissions or fees in connection
with transactions related hereto. The parties hereto acknowledge and agree that (i) the Depositary and its affiliates may be engaged
at any time in transactions in which parties adverse to the Holders or Beneficial Owners may have interests and (ii) nothing contained
in this Agreement shall (a) preclude the Depositary or any of its affiliates from engaging in such transactions or establishing or
maintaining such relationships, or (b) obligate the Depositary or any of its affiliates to disclose such transactions or relationships
or to account for any profit made or payment received in such transactions or relationships, except as required by law.
Persons are advised that in
converting foreign currency into U.S. dollars the Depositary may utilize Deutsche Bank AG or its affiliates (collectively, “DBAG”)
to effect such conversion by seeking to enter into a foreign exchange (“FX”) transaction with DBAG. When converting currency,
the Depositary is not acting as a fiduciary for the holders or beneficial owners of depositary receipts or any other person. Moreover,
in executing FX transactions, DB AG will be acting in a principal capacity, and not as agent, fiduciary or broker, and may hold positions
for its own account that are the same, similar, different or opposite to the positions of its customers, including the Depositary. When
the Depositary seeks to execute an FX transaction to accomplish such conversion, customers should be aware that DBAG is a global dealer
in FX for a full range of FX products and, as a result, the rate obtained in connection with any requested foreign currency conversion
may be impacted by DBAG executing FX transactions for its own account or with another customer. In addition, in order to source
liquidity for any FX transaction relating to any foreign currency conversion, DBAG may internally share economic terms relating to the
relevant FX transaction with persons acting in a sales or trading capacity for DBAG or one of its agents. DBAG may charge fees and/or
commissions to the Depositary or add a mark-up in connection with such conversions, which are reflected in the rate at which the foreign
currency will be converted into U.S. dollars.
Any corporation into or with
which the Depositary may be merged or consolidated shall be the successor of the Depositary and, in addition, the Depositary may transfer
its functions as depositary hereunder to any of its affiliates, whereupon such affiliate shall succeed to and have vested in it all rights
and obligations of the Depositary, without in any such case, whether of succession or transfer, the execution or filing of any document
or any further act, except as may be required by law.
FOR VALUE RECEIVED, the undersigned
hereby sells, assigns and transfers unto
PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE
(Please print or typewrite name
and address of assignee)
the
within American Depositary Receipt and all rights and interests represented thereby, and hereby irrevocably constitutes and appoints
attorney,
to transfer the same on the books of the within named Depositary, with full power of substitution in the premises.
Dated
Signature
NOTE: The signature to any
endorsement hereon must correspond with the name as written upon the face of this Receipt in every particular, without alteration or enlargement
or any change whatsoever.
If the endorsement be executed
by an attorney, executor, administrator, trustee or guardian, the person executing the endorsement must give his full title in such capacity
and proper evidence of authority to act in such capacity, if not on file with the Depositary, must be forwarded with this Receipt.
All endorsements or assignments
of Receipts must be guaranteed by an “eligible institution”, as such term is defined in Rule 17Ad-15 under the United
States Securities Exchange Act of 1934, having an office or correspondent in The City of New York.
Exhibit (e)
Certification under Rule 466
The depositary, Deutsche Bank
Trust Company Americas, represents and certifies the following:
(1) That it previously
had filed a registration statement on Form F-6 (Hochtief AG, 333-228091), which the U.S. Securities and Exchange Commission declared
effective, with terms of deposit identical to the terms of deposit of this Form F-6 Registration Statement except for the shares
represented by the American Depositary Shares and the name of the issuer of such shares; and
(2) That its ability
to designate the date and time of effectiveness under Rule 466 has not been suspended.
| |
By: |
DEUTSCHE BANK TRUST COMPANY AMERICAS, Depositary |
| |
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| |
By: |
/s/ Michael Curran |
| |
|
Name: Michael Curran |
| |
|
Title: Vice President |
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By: |
/s/ Michael Tompkins |
| |
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Name: Michael Tompkins |
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Title: Director |
Shionogi (PK) (USOTC:SGIOY)
Gráfica de Acción Histórica
De Nov 2024 a Dic 2024
Shionogi (PK) (USOTC:SGIOY)
Gráfica de Acción Histórica
De Dic 2023 a Dic 2024
