Amaroq Ltd. is converting its Icelandic Depository Receipts into Depositary Interests to streamline its securities under a single ISIN, enhancing operational efficiency.
- On October 21, 2025, Amaroq Ltd. announced the automatic conversion of its Icelandic Depository Receipts (ISIN IS0000034569) into Depositary Interests as part of a simplification effort.
- This move consolidates Amaroqs securities under a single International Securities Identification Number, promoting clarity and efficiency in trading on Nasdaq Iceland.
- The transition aims to enhance the management of security (finance) holdings and improve investor experience by reducing complexity associated with multiple security formats.
Por Qué Es Relevante
This conversion reflects a growing trend among companies to streamline their securities for better market engagement and efficiency. By simplifying their structure under Nasdaq Iceland, Amaroq Ltd. is positioning itself to attract more investors and enhance liquidity.