ESPGY Esprit Holdings Ltd Hkd (PK)

Esprit Holdings Limited announced a distribution of Rights to its Common shareholders. The Rights were allocated as follows: 1 Right(s) were issued for every 2 Common share(s) held as of the local record date of Oct 30, 2012.

The Esprit Holdings Limited Rights were not registered under the United States Securities Act of 1933, therefore we were not permitted to pass the Rights on to the holders of Depositary Receipts ("DRs"). As a result, BNY Mellon has sold the Rights in the local market and the proceeds received from the sale will be distributed to the DR holders of Esprit Holdings Limited.

BNY Mellon has established the following dates for this corporate action
DR Record Date: Nov 29, 2012
DR Payment Date: Dec 07, 2012
Gross Rate per DS: $0.372410
Depositary Fee per DS: $0.020000
Net Rate per DS: $0.352410


Note: The above information was disseminated to OTC Markets Group by BNY Mellon