Once the transaction is done which is on the 17th of November, we will be issued with a Welcome Letter detailing our holdings on the DRS. The DRS is like the Issuer Sponsored scheme. You can leave them there; they can be sold but not as liquid as transferring to a US based broker.
This excerpt on the DRS is interesting:
Direct register shares are a way of holding stock in book-entry form directly with the issuer or its transfer agent, instead of through a brokerage firm12345. This method provides protection against brokerage bankruptcy and eliminates the need for physical certificates14. Direct registered shareholders are listed by name in the company's ledger and have full ownership rights1. They can also manage dividends or gift shares through the Direct Registration System (DRS)4. The DRS is a service that allows electronic transfer of shares between the transfer agent and the broker/dealer35. However, direct registered shares may be less liquid and take longer to sell than shares held in a street name4.
Once the transaction is done which is on the 17th of November,...
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