Citi Appointed as Successor Depositary Bank for Prudential plc’s ADR Program
London – Citi Issuer Services, acting through Citibank N.A., has been appointed by Prudential plc (“Prudential”) to act as successor depositary bank for its sponsored Level 2 American Depositary Receipt (“ADR”) program.
Prudential’s ADRs are listed and traded on the New York Stock Exchange under the symbol “PUK”. Each ADR represents two ordinary shares of the company. Prudential’s underlying ordinary shares are listed and traded on the London Stock Exchange under the symbol “PRU LN”. Its underlying ordinary shares are also listed and traded on the Hong Kong Stock Exchange under the symbol “2378”.
Commenting on the appointment, Dirk Jones, Head of Issuer Services at Citi said: “With Citi’s global presence and investor relations expertise, our platform will help facilitate the continued success of Prudential’s sponsored Level 2 ADR program. Through our Issuer Services business, we provide issuers with the highest quality ADR services while facilitating global access to opportunities for investors.”
Citi Issuer Services is a leading provider of depositary receipt services. With depositary receipt programs in over 65 markets, spanning equity and fixed-income products, Issuer Services leverages Citi’s global network to provide cross-border capital market access to issuers, intermediaries, and investors.
For more information on Citi’s depositary receipt services, visit https://www.citi.com/dr.
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