Company: BWAY
Filing Date: 2025-04-22
Form Type: 20-F
Source: 0001171843-25-002347
Chunk: 185

Company: Brainsway Ltd.
Filing Date: 2025-04-22
Form: 20-F
Item: Item 12
Chunk 185
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ITEM 12. DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES

A.   Debt Securities
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Not applicable.
 

 146 
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B.   Warrants and Rights
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Not applicable.
 

C.   Other Securities
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Not applicable.
 

D.   American Depositary Shares
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Each of the American Depositary Shares, or ADSs, represents two (2) Ordinary Shares. The ADSs trade on The Nasdaq Global Market.
 
The form of the deposit agreement for the ADSs and the form of American Depositary Receipt (ADR) that represents an ADS have been incorporated by reference as exhibits to this Annual Report on Form 20-F. Copies of the deposit agreement are available for inspection at the principal office of The Bank of New York Mellon, located at 101 Barclay Street, New York, New York 10286, and at the principal office of our custodians in Israel, Bank Leumi Le-Israel, 34 Yehuda Halevi St., Tel Aviv 65546, Israel.
 
Fees and Expenses
 
Persons depositing or withdrawing shares or American Depositary Shareholders must pay:
 

                     $5.00 (or less) per 100 American Depositary Shares (or portion                                                                                   ● Issuance of shares or rights or other property                                                            
of 100 American Depositary Shares, including issuances resulting from a distribution Depositary Shares)                                                       ● Cancellation of American Depositary Shares for the purpose of                                                     
                                                                                                                                                                 withdrawal, including if the deposit agreement terminates                                                        
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$.05                                                                                                      ● Any cash distribution to American Depositary Shareholders                                                                                                             
(or less) per American Depositary Share                                                                                                                                                                                                                                           
A fee                                                                                                     ● Distribution of securities distributed to holders of deposited                                                                                                        
equivalent to the fee that would be payable if securities distributed                                     securities to you which are distributed had been shares and the shares had been deposited for issuance of American Shareholders by the                                  
                                                                                                          depositary to American Depositary Shares                                                                                                                                
$.05                                                                                                      ● Depositary services                                                                                                                                                   
(or less) per American Depositary Shares per calendar year                                                                                                                                                                                                                        
Taxes and other governmental charges the depositary or the custodian have                                 ● As necessary pay on any American Depositary Share or share underlying an American Depositary Share, for example, stock transfer taxes, stamp duty or withholding taxes
to                                                                                                                                                                                                                                                                                
Any charges incurred by the depositary or its agents for servicing the                                    ●