TRUSTCO CLOSES ADR CHAPTER AND CLEARS PATH TO US LISTING
Windhoek, Khomas, Namibia, 20th Feb 2026 – Trustco Group Holdings Limited (“Trustco”) is ending its American Depositary Receipt (“ADR”) programme with the Bank of New York Mellon, effective on or about 23 March 2026. The two parties agreed to wind down the programme under the terms of their existing agreement. In plain terms, an ADR is a certificate that allows a foreign company’s shares to trade in the United States. Trustco launched its ADR programme in 2014 and in 2019 became one of the first Namibian companies to trade on a US securities platform — the OTCQX Best Market.
“We built our ADR programme from nothing in 2014, when most international investors couldn’t point to Namibia on a map. That programme opened the door, together with a 12-year partnership with Bank of New York Mellon, ...
