Lion Group Holding (LGHL) F-6EF Automatic registration for ADRs (foreign)

Certification under Rule 466

The depositary, Deutsche Bank Trust Company Americas, represents and certifies the following:

(1)	That it previously had filed a registration statement on Form F-6 (Lion Group Holding Ltd., File No. 333-238516) which the Securities and Exchange Commission declared effective, with terms of deposit identical to the terms of deposit of this Form F-6 registration statement except for the number of ordinary shares that an American Depositary Share represents.
(2)	That its ability to designate the date and time of effectiveness under Rule 466 has not been suspended.

By:	DEUTSCHE BANK TRUST COMPANY AMERICAS, as Depositary
By:	/s/ Michael Tompkins
	Name:	Michael Tompkins
	Title:	Director
By:	/s/ Michael Curran
	Name:	Michael Curran
	Title:	Vice President