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As we end the year 2023 we wanted to highlight a developing technical matter under UK tax law that we believe will have the effect of preserving for UK plcs offering and selling securities in US initial public offerings and listings on the New York Stock Exchange or Nasdaq the choice of listing their IPO securities directly in the form of shares or alternatively in the form of American Depositary Shares (ADSs/ADRs).
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
