Embraer Announces Change in ADS Ratio
SÃO JOSÉ DOS CAMPOS,
Each holder of record of ADSs as of the close of trading on
The ratio change will not affect Embraer's underlying common shares, and no new common shares will be issued in connection with the ratio change. Similarly, there will be no change in the economic value of the ADS holders' ownership interests.
Embraer's ADSs will continue to trade on the New York Stock Exchange under the ticker symbol "EMBJ". JPMorgan Chase Bank, N.A., as depositary for Embraer's ADS program, will implement the ratio change.
About Embraer
A global aerospace company headquartered in Brazil, Embraer operates in the Commercial Aviation, Executive Aviation, Defense & Security and Agricultural Aviation segments. The Company designs, develops, manufactures and markets aircraft and systems, and provides after-sales Services & Support to customers.
Since its foundation in 1969, Embraer has delivered more than 9,000 aircraft. On average, every 10 seconds, an aircraft manufactured by Embraer takes off from somewhere in the world, transporting more than 150 million passengers annually.
Embraer is a leading manufacturer of commercial jets up to 150 seats and the a major global player in executive aviation and defense & security. The company maintains industrial units, offices, service centers and parts distribution, among other activities, in the Americas, Africa, Asia and Europe.
View original content:https://www.prnewswire.com/news-releases/embraer-announces-change-in-ads-ratio-302924846.html
SOURCE Embraer S.A.
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