6 October 2020 -Information to Depository Receipt holders regarding new prospectus and re-opening of trade
Triodos Bank has published a new prospectus and will reopen trade in its Depository Receipts of ordinary shares on Tuesday 13 October 2020, at 9.00 hrs CEST. Please see our press release for more information.
28 September 2020 - Update on trading facilities for Depository Receipts
On 21 August 2020 Triodos Bank published its Half Year Results 2020. In addition to this important information for investors, a new prospectus is required to resume trading in depository receipts. This prospectus has been formally adopted by the AFM on 24 September 2020.
During the approval process for the new prospectus, a number of improvements to the distribution process were identified. These changes are being addressed currently and Triodos Bank is making the final preparations. Depository Receipt holders will be personally informed in the coming weeks about the date of reopening via a letter or e-mail.
24 August 2020 - Half Year Results 2020 Webcast
On 24 August 2020 Depository Receipt holders were invited to attend a webcast where Triodos Bank CEO Peter Blom and CFO André Haag presented the Half Year Results 2020 and answered questions from Depository Receipt holders. You can watch the recording of this event here.
8 July 2020 - Triodos Bank's response to questions from the Dutch association of shareholders
On 24 June, the Dutch association of stockholders (Vereniging van Effectenbezitters, VEB) asked Triodos Bank questions about the suspension of trading in Depositary Receipts. Triodos Bank responded to this in writing on 8 July.
18 June 2020 - Depository Receipts update
We have recently shared an update on the reopening of trade in depository receipts with existing Depository Receipts Holders.
The full text of this update can be found here.
1 April 2020 - No dividend payment in 2020
Triodos Bank N.V. has decided not to distribute the 2019 dividend on its Depository Receipts. The decision to revise its dividend proposal of 18 March 2020 has been taken in a direct response to the recommendation made by the European Central Bank and De Nederlandsche Bank (DNB) on 27 March to all banks, not to pay out dividend in order to prioritise supporting the real economy by lending to customers during the COVID-19 pandemic. Therefore, no proposals to pay out dividend will be made at the upcoming Annual General Meeting of Triodos Bank N.V. Please see our press release for more information.
18 March 2020 - Temporary closure of trading of Triodos Bank Depository Receipts
Triodos Bank has temporarily suspended the possibility to buy and sell Triodos Bank depository receipts due to the uncertainty the COVID-19 Pandemic has created in the economy. We intend to resume trading once the impact of this pandemic has become clearer. Please see our press release for more information.
The financial calendar for 2020 is as follows:
Triodos Bank's latest press releases can be found here.
More information on the past and future AGMs can be found here.
The latest online Annual Report can be found here.
Post trade information depository receipts 2019
In 2019 the trading in depository receipts has been executed without any issues. Trading was done each week, with the exception of the period 4 June 2019 – 3 July 2019. In this period there was a temporary closure for buy and sell orders of Depository Receipts, because the methodology which is the basis for the calculation of the price of depository receipts changed. All transaction orders that were submitted in 2019 have been executed, at the predetermined price.
In total we processed buy orders representing a total of 152 million euros. At the same time we processed sell orders representing a total of 77 million euros.
The prices against which the orders were executed were identical to the price quoted on the Triodos website on the date the transaction orders were submitted: