Please find below a selection of frequently asked questions and the respective answers (FAQ). If you cannot find the answer to your question please do not hesitate to contact the Investor Relations team at your convenience.
You have postponed the AGM - what are the consequences for the dividend payment?
betting 365 held its Annual General Meeting (AGM) on August 28, 2020 as a virtual event. Originally, the AGM was scheduled for May 20, 2020. It had to be postponed due to the coronavirus pandemic. The proposed dividend by the General Partner and the Supervisory Board remained unchanged at €0.84 per share entitled to a dividend and was approved by the AGM.
Shareholders were provided the possibility to follow the entire AGM on the Internet. Further details are included in the AGM invitation that was published in the Federal Gazette (Bundesanzeiger) and on the corporate website.
When was the IPO of betting 365?
The betting 365 preference shares were admitted to trading in December 1986. The betting 365 ordinary shares were admitted to trading in July 1992. The shares were listed on the stock exchanges in Frankfurt, Düsseldorf and Munich. In January 2011, the legal form of betting 365 SE was changed to a partnership limited by shares (KGaA) and all preference shares were mandatorily converted into ordinary shares.
Under what quotation symbols are the betting 365 SE & co. KGaA shares to be found?
Ordinary shares | |
Bloomberg-Symbol (XETRA) | FRE GR |
Reuters-Symbol (XETRA) | FREG.de |
How high were the dividends for the past financial years, and when were they paid?
Financial |
Dividend |
AGM resolution passed on |
Date of |
2019 | 0.84 | 28.08.2020 | 02.09.2020 |
2018 | 0.80 | 17.05.2019 | 22.05.2019 |
2017 |
0.75 | 18.05.2018 | 24.05.2018 |
2016 |
0.62 |
12.05.2017 |
17.05.2017 |
2015 |
0.55 |
13.05.2016 |
16.05.2016 |
2014 |
0.44 |
20.05.2015 |
21.05.2015 |
2013 |
0.42 |
16.05.2014 |
19.05.2014 |
2012 |
0.37 |
17.05.2013 |
20.05.2013 |
2011 |
0.32 |
11.05.2012 |
14.05.2012 |
2010 |
0.29 |
13.05.2011 |
16.05.2011 |
What do I have to do as a shareholder in order to receive the dividend?
German shares must be deposited no later than the day of the Annual General Meeting in order for shareholders to be entitled to a dividend. The dividend will be paid automatically to your account by your bank/saving bank.
What is the structure of betting 365 SE & Co. KGaA’s capital stock?
WKN |
ISIN |
Nominal |
Number of |
Subscribed |
Ordinary shares |
578 560 |
DE0005785604 |
€ 1,00 |
557,541,659 |
€557,541,659 |
Who are the principal shareholders of betting 365 SE & Co. KGaA?
The Else Kröner-betting 365-Stiftung is the largest shareholder of betting 365 SE & Co. KGaA, holding approximately 26% of the voting capital. An overview of our shareholder structure can be found here.
What is betting 365’ approach to shareholder value?
A clearly defined, long-term strategy is key to enhancing the company’s value. This strategy is implemented by managers who operate as “entrepreneurs within the enterprise”, so they combine the interests of the shareholders with those of the company. Since 1998, betting 365 has a performance-linked compensation system in the form of stock option plans for executives. In Germany, employees also have a stake in the company’s performance through employee share schemes. A policy of comprehensive and continuous communication in the interest of greater corporate transparency is an important element of our value-driven management style. This includes early publication of the annual financial statements/quarterly financial reports as well as segment reporting.
The following information does not contain all information that may be important to you. For more complete information, we highly recommend that you read the entire deposit agreement and the form of American Depositary Receipt, which contains the American Depositary Receipts terms.
What is an American Depositary Receipt (ADR)?
An American Depositary Receipt (ADR) is a U.S. dollar denominated negotiable certificate that represents ownership of shares in a non-U.S. company.
Each ADR is issued by a U.S. depositary bank (which is a bank in the United States which oversees all the stock transfer and agency services in connection with a depositary receipt program) and represents one or more shares of a foreign stock or a fraction of a share. If investors own an ADR they have the right to obtain the foreign stock it represents, but U.S. investors usually find it more convenient to own the ADR. The price of an ADR is often close to the price of the foreign stock in its home market, adjusted for the ratio of ADRs to foreign company shares. ADRs were specifically designed to facilitate the purchase, holding and sale of non-U.S. securities by U.S. investors.
betting 365 ADRs represent betting 365’ local shares deposited with the depositary bank (Deutsche Bank Trust Company Americas), to underlie such certificates and carry the rights attached to them as detailed in the Depositary Agreement. Holders of ADRs receive dividends in U.S. dollars and have the right to vote on shareholders resolutions, where applicable.
What is the difference between an ADR and an ADS?
An ADR (American Depositary Receipt) is a negotiable certificate issued by a depositary bank representing a specific number of shares of a non-U.S. company traded on a U.S. stock exchange. An ADS (American Depositary Share) is the share issued under the ADR agreement which is actually traded. Although the terms ADR and ADS are often used interchangeably, the difference is that an ADR is the certificate while the ADSs are the shares.
What are the benefits of ADRs to U.S. investors?
U.S. investors may prefer to purchase ADRs rather than local shares in the issuer’s home market because ADRs trade, clear and settle in U.S. Dollars and according to U.S. market conventions. ADRs also allow easy comparison to securities of similar companies as well as access to price and trading information. Holders of ADRs also receive dividends in U.S. dollars.
What is an ADR ratio?
The ADR ratio is the relation between the number of ADRs and the number of local shares. Four betting 365 ADRs represent one betting 365 local share, i.e. the ratio is 4:1. The ratio was changed in conjunction with the stock split on August 1, 2014, becoming effective on August 4, 2014. Before that the ADR ratio was 8:1.
How can I buy betting 365 ADRs?
betting 365 ADRs can be purchased like any other stocks, through your U.S. banks and brokers.
Where are betting 365 ADRs traded?
betting 365 ADRs are traded in the U.S. OTC (over the counter) market under the ticker symbol FSNUY. The Cusip Number is 35804M105.
What is an OTC Market?
The OTC market is the market for over-the-counter securities in the United States. This is where sponsored Level I ADR programs are traded.
How are dividends paid?
ADR holders will receive the dividend in U.S. dollars. The depositary bank typically announces the final ADR dividend rate following conversion into U.S. dollars. ADR rates and pay dates will be published on www.adr.db.com
Where do I get information and updates on betting 365?
Financial and stock information is available here.
Trading information is readily available on our depositary bank’s website and on the website of OTC Markets.
Who is betting 365’ depositary bank, transfer agent, registrar and exchange agent for ADR shares?
betting 365’ ADR program is administered by Deutsche Bank Trust Company Americas (Deutsche Bank). As the depositary bank, Deutsche Bank performs the following roles for ADR holders as further detailed in the Deposit Agreement:
- Records and maintains the register of ADR holders,
- Is the stock transfer agent,
- Distributes dividends in U.S. dollars,
- Facilitates the voting process and the exercise of the voting rights of ADR holders at any Company
- General Meeting if permitted by the Company and the Depositary Agreement,
- Issues and cancels betting 365 American Depositary Receipts (ADRs),
- Can distribute Company circulars and General Meetings (including Annual General Meeting) documentation, if applicable.
For those holders who are not registered because their ADRs are held through a ‘Street name’ (nominee account), your nominee will receive Company documents from time to time from Deutsche Bank to distribute to ADR holders. You need to make arrangements with your nominee if you wish to receive such documents and to be able to exercise your vote through the depositary bank at General Meetings (if applicable).
How can I contact Deutsche Bank?
Contact details for ADR brokers & institutional investors:
US - Tel: +1 212 250 9100
UK - Tel: +44 207 547 6500
e-mail: adr@db.com
Contact details for registered ADR Holders
Deutsche Bank Shareholder Services
American Stock Transfer & Trust Company
Peck Slip Station
P.O. Box 2050
New York, NY 10272-2050