Shareholders Information


We aim to instill confidence across our investor community through open and transparent communication.

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Ownership of Ipsen’s share capital (% of total capital), as of 31 December 2022

Analyst coverage

Anas Patel


Sachin Jain

Bank of America

Charles Pitman


Matthew Weston

Credit Suisse

Manos Mastorakis

Deutsche Bank

Richard Parkes

Exane BNP Paribas

Brian Balchin


Richard Vosser

JP Morgan

Arsene Guekam

Kepler Cheuvreux

Rachel Elfman


Thibault Boutherin

Morgan Stanley

Christophe-Raphaël Ganet


Simon Baker


Alistair Campbell

Royal Bank of Canada

Delphine Le Louët

Société Générale

Michael Leuchten


Guillaume Cuvillier

Gilbert Dupont

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ADR program

Ipsen has a sponsored Level I American Depositary Receipt (ADR) program via Deutsche Bank Americas.

  • Ticker: IPSEY
  • Structure: Sponsored ADR Level
  • Exchange: OTC
  • Ratio (ORD:ADR): 1:4
  • ISIN ADR: US4626291060
  • ORD ISIN: FR0010259150

PROGRAM CO-COORDINATORS: Deutsche Bank Shareholder Services
Operations Center
6201 15th Avenue
Brooklyn, NY 11219
United States
Toll Free: +1 (866) 706-0509
Direct Dial: +1 (718) 921-8137

The Company’s ADR program is sponsored by Deutsche Bank. As custodian bank, Deutsche Bank performs the following roles for ADR holders:

  • Registers and maintains the register of ADR holders
  • Is the share transfer agent
  • Distributes dividends in U.S. dollars (if applicable)
  • Facilitates the proxy voting process and votes on behalf of ADR holders (if applicable)
  • Issues and cancels the Issues and cancels Ipsen ADSs (American Depository Shares)
  • May distribute company circulars and annual general meeting materials (if applicable)

For holders who are not registered because their shares are held through a ‘street name’ (nominee account), the Company may issue a proxy to the holder of the ADS). Nominees will receive materials from Deutsche Bank from time to time for distribution to ADR holders. Holders should make arrangements to receive these materials and to be able to vote through the custodian bank at general meetings, if applicable.