How can I buy an ADR?

You can buy an ADR through a broker just as you would a U.S. security.

How do I convert my ordinary shares into ADRs? 

Converting ordinary shares into ADRs must be done through a broker or an investment advisor.

Can I purchase ADRs directly from Carlsberg? 

No.

How are ADR dividends paid and taxed?

Dividends are paid in U.S. dollars and are generally taxable like dividends on U.S. shares. In addition, taxes may be withheld by the ADR Company’s local government. Depending on individual circumstances, foreign taxes withheld might be applied as credit against U.S. taxes or tax reclaim opportunities may be offered.

How can I find out dividend and corporate action information on Carlsberg ?

For dividend and corporate information, please visit www.adr.com. Using the DR Search function at the top of the screen, type in the company name or ticker and find dividend and other key information under the company's profile.

What is the difference between a Registered holder and a Beneficial ADR holder?

A registered holder is one whose name appears on the books of the depositary as a registrar; the registered holder is considered the owner of record. A beneficial holder is one whose holdings are held in a name other than their own, such as the name of a broker, bank or nominee.

Is it easy to get information and updates on an ADR company?

ADR issuers have full information in English about themselves on their websites and are better tracked by the main U.S. financial websites.