Depository Receipts Transfer Rules

Summary

The transfer price of depository receipts under Dutch law can vary. For public companies, market value and regulatory compliance are key. For foundations, the price can be set according to the foundation’s statutes or agreements, adhering to principles of reasonableness and fairness. Consult a legal expert for specific advice.

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They are part of a foundation
Under Dutch law, the transfer price of depository receipts can vary based on specific circumstances:
- **Public Company:** Typically, market value considerations and regulatory compliance apply.
- **Foundation:** The transfer price can be set as per the foundation’s statutes or agreements, though it should comply with general principles of reasonableness and fairness.
For more precise advice, it might be helpful to consult a legal expert familiar with Dutch foundation regulations. Are there any specific terms or statutes in your foundation's governing documents regarding transfers?