Kitov Pharmaceuticals Hldgs L Sponsored ADR (KTOV)

[royzim]

Here's a question that's been bothering me for months: We know that each ADS 'wraps' 20 ordinary shares that are traded separately on the TASE. So, for instance if I owned 100 ADSs, they would represent 2000 ordinary shares. But those 2000 shares are owned by other stockholders, correct? Will those stockholders also have a vote at December's meeting and, if so, how will they reconcile the ordinary votes and ADS votes?

What am I missing here?