Citi Appointed as Successor Depositary Bank for Rostelecom’s ADR Programme

Date : 12/31/2019 @ 11:00AM
Source : Business Wire
Stock : Citigroup Inc (C)
Quote : 72.53  -3.91 (-5.12%) @ 1:00AM
After Hours
Last Trade
Last $ 72.98 ▲ 0.45 (0.62%)

Citi Appointed as Successor Depositary Bank for Rostelecom’s ADR Programme

Citigroup (NYSE:C)
Historical Stock Chart

2 Months : From Dec 2019 to Feb 2020

Click Here for more Citigroup Charts.

Citi, acting through Citibank N.A., has been appointed by Rostelecom PJSC (“Rostelecom”) – the largest digital service provider, operating in all segments of the telecommunication market in Russia – to act as successor depositary bank for its American Depositary Receipt (“ADR”) programme.

Rostelecom’s American Depositary Shares (“ADS”) trade on London Stock Exchange under the symbol “RKMD” and on OTCQX market under the symbol “ROSYY”. Each ADS represents six ordinary shares of Rostelecom. Rostelecom’s underlying ordinary shares are listed and trade on Moscow Stock Exchange under the symbols “RTKM, RTKMP”.

Commenting on the appointment, Dirk Jones, Global Head of Issuer Services, at Citi said: “We look forward to supporting Rostelecom’s ADR programme and to expanding the company’s investor outreach further through the expertise of our leading Investor Relations Advisory team and the breadth of our global equity distribution network.”

For more information on Citi’s Depositary Receipt Services, visit www.citi.com/dr.

About Rostelecom

Rostelecom is the largest digital service provider, operating in all segments of the telecommunications market in Russia; it serves millions of households, the state and private enterprises across the country. Rostelecom is a key strategic innovator that provides solutions in the following fields: E-Government, cybersecurity, data-centers and cloud computing, biometry, healthcare, education and housing & utility services.

About Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi

Francesco Meucci +44 207 508 0717 francesco.meucci@citi.com

Latest C Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.