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Deutsche Bank (DB) has been appointed as the successor depositary bank for Infineon Technologies AG’s (OTC: IFNNY) sponsored American Depositary Receipt Program, effective April 1, 2025. Infineon Technologies, a global semiconductor leader in power systems and IoT focusing on decarbonization and digitalization, reported revenue of approximately €15 billion in fiscal year 2024 with 58,060 employees worldwide.
The Level I ADR program features a 1:1 ratio between ADS and ordinary shares, trading on the OTC market under symbol IFNNY. The program includes DTC eligibility and Deutsche Bank AG (Frankfurt) serving as the custodian bank.
Deutsche Bank (DB) è stata nominata come la banca depositaria successore per il programma di American Depositary Receipt sponsorizzato da Infineon Technologies AG (OTC: IFNNY), con effetto dal 1 aprile 2025. Infineon Technologies, leader globale nei semiconduttori per sistemi di potenza e IoT, con un focus sulla decarbonizzazione e digitalizzazione, ha riportato un fatturato di circa 15 miliardi di euro nell’anno fiscale 2024, con 58.060 dipendenti in tutto il mondo.
Il programma ADR di Livello I presenta un rapporto di 1:1 tra ADS e azioni ordinarie, negoziando sul mercato OTC con il simbolo IFNNY. Il programma include l’idoneità DTC e Deutsche Bank AG (Francoforte) come banca custode.
Deutsche Bank (DB) ha sido designada como el banco depositario sucesor para el programa de American Depositary Receipt patrocinado por Infineon Technologies AG (OTC: IFNNY), con efecto a partir del 1 de abril de 2025. Infineon Technologies, líder global en semiconductores para sistemas de energía e IoT, enfocado en la descarbonización y digitalización, reportó ingresos de aproximadamente 15 mil millones de euros en el año fiscal 2024, con 58,060 empleados en todo el mundo.
El programa ADR de Nivel I presenta una relación de 1:1 entre ADS y acciones ordinarias, cotizando en el mercado OTC bajo el símbolo IFNNY. El programa incluye elegibilidad DTC y Deutsche Bank AG (Fráncfort) como banco custodio.
도이치 뱅크 (DB)는 인피니온 테크놀로지스 AG(OTC: IFNNY)가 후원하는 미국 예탁증서 프로그램의 후임 예탁은행으로 2025년 4월 1일부터 임명되었습니다. 인피니온 테크놀로지스는 전력 시스템 및 IoT 분야의 글로벌 반도체 리더로, 탈탄소화 및 디지털화에 중점을 두고 있으며, 2024 회계연도에 약 150억 유로의 수익을 보고했으며, 전 세계에 58,060명의 직원을 두고 있습니다.
레벨 I ADR 프로그램은 ADS와 보통주 간의 1:1 비율을 특징으로 하며, OTC 시장에서 IFNNY 기호로 거래됩니다. 이 프로그램은 DTC 자격을 포함하고 있으며, 도이치 뱅크 AG(프랑크푸르트)가 수탁은행 역할을 합니다.
Deutsche Bank (DB) a été désignée comme la banque dépositaire successeur pour le programme d’American Depositary Receipt parrainé par Infineon Technologies AG (OTC: IFNNY), avec effet au 1er avril 2025. Infineon Technologies, un leader mondial des semi-conducteurs dans les systèmes d’alimentation et l’IoT axé sur la décarbonisation et la numérisation, a déclaré un chiffre d’affaires d’environ 15 milliards d’euros pour l’exercice 2024, avec 58 060 employés dans le monde entier.
Le programme ADR de Niveau I présente un ratio de 1:1 entre ADS et actions ordinaires, négociant sur le marché OTC sous le symbole IFNNY. Le programme inclut l’éligibilité DTC et Deutsche Bank AG (Francfort) en tant que banque dépositaire.
Deutsche Bank (DB) wurde als Nachfolge-Depotbank für das von Infineon Technologies AG (OTC: IFNNY) unterstützte American Depositary Receipt-Programm ernannt, das am 1. April 2025 in Kraft tritt. Infineon Technologies, ein globaler Marktführer im Bereich Halbleiter für Energiesysteme und IoT mit Fokus auf Dekarbonisierung und Digitalisierung, meldete im Geschäftsjahr 2024 einen Umsatz von etwa 15 Milliarden Euro und beschäftigt weltweit 58.060 Mitarbeiter.
Das Level I ADR-Programm weist ein Verhältnis von 1:1 zwischen ADS und Stammaktien auf und wird auf dem OTC-Markt unter dem Symbol IFNNY gehandelt. Das Programm umfasst die DTC-Berechtigung und die Deutsche Bank AG (Frankfurt) fungiert als Depotbank.
Positive
- Deutsche Bank expands its ADR business with a major semiconductor company
- Program provides US investors easier access to Infineon shares through ADRs
NEW YORK–(BUSINESS WIRE)– Deutsche Bank announced today its appointment as successor depositary bank for the sponsored American Depositary Receipt Program of Infineon Technologies AG (OTC: IFNNY).
Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The Company had around 58,060 employees worldwide (end of September 2024) and generated revenue of about €15 billion in the 2024 fiscal year (ending 30 September).*
In addition to specializing in administering cross-border equity structures such as New York Shares, American, and Global Depositary Receipts, Deutsche Bank provides corporates, financial institutions, hedge funds and supranational agencies around the world with trustee, agency, escrow, and related services. Deutsche Bank offers a very broad range of services for diverse products, from complex securitizations and project finance to syndicated loans, debt exchanges and restructurings.
* This information was provided by Infineon Technologies AG (April 2025).
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Depositary Receipt Information |
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Country |
Germany |
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Custodian Bank |
Deutsche Bank, AG (Frankfurt) |
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Effective Date |
April 1, 2025 |
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Level I ADR |
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CUSIP |
45662N103 |
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ISIN |
US45662N1037 |
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Symbol |
IFNNY |
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Exchange |
OTC |
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Current Ratio |
1 ADS : 1 Ordinary Share |
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Eligibility |
DTC |
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Depositary Receipt Contacts |
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New Business Development |
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Andrea Franzen |
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Tel: +49 69 910 -333 66 |
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Markets Distribution |
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London |
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Tel: +44 (0) 20 7547 6500 |
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New York |
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Tel: +1 212 250 9100 |
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Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.
The Depositary Receipts have been registered pursuant to the US Securities Act of 1933 (the “Act”). The investment or investment service which is the subject of this notice is not available to retail clients as defined by the UK Financial Conduct Authority. This notice has been approved and/or communicated by Deutsche Bank AG New York. The services described in this notice are provided by Deutsche Bank Trust Company Americas (Deutsche Bank) or by its subsidiaries and/or affiliates in accordance with appropriate local registration and regulation. Deutsche Bank is providing the attached notice strictly for information purposes and makes no claims or statement, nor does it warrant or in any way represent, as to the accuracy or completeness of the details contained herein or therein. This announcement appears as a matter of record only. Neither this announcement nor the information contained herein constitutes an offer or solicitation by Deutsche Bank or any other issuer or entity for the purchase or sale of any securities nor does it constitute a solicitation to any person in any jurisdiction where solicitation would be unlawful. No part of this notice may be copied or reproduced in any way without the prior written consent of Deutsche Bank. Past results are not an indication of future performance. Copyright© April 2025 Deutsche Bank AG. All rights reserved.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250401275861/en/
For further information, please contact:
Deutsche Bank AG
Press & Media Relations
Dylan Riddle
Tel. +12122504982
Cell. +1(904)3866481
Email dylan.riddle@db.com
Source: Deutsche Bank
FAQ
What is the conversion ratio for Infineon’s ADR (IFNNY) program managed by Deutsche Bank?
The conversion ratio is 1 ADS (American Depositary Share) to 1 Ordinary Share for Infineon’s ADR program.
When does Deutsche Bank’s appointment as Infineon’s ADR depositary bank take effect?
Deutsche Bank’s appointment as successor depositary bank takes effect on April 1, 2025.
What was Infineon Technologies’ revenue in fiscal year 2024?
Infineon Technologies generated revenue of approximately €15 billion in fiscal year 2024 (ending September 30).
Where are Infineon’s ADRs (IFNNY) traded under Deutsche Bank’s program?
Infineon’s ADRs trade on the OTC (Over-The-Counter) market under the symbol IFNNY.
