Certificate representing certain securities definition

What does Certificate representing certain securities mean?

A certificate or other instrument which confers contractual or property rights (other than rights consisting of options) in respect of any share (or certain other security) held by another person or depositary and the transfer of which may be effected without requiring the consent of that other person or depositary. Certificates representing certain securities are also known as depositary receipts or global depositary receipts and can be admitted to listing on the standard segment of the Official List under Chapter 18 of the Listing Rules.

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