Deutsche Bank Appointed as Depositary Bank for the Sponsored Level III American Depositary Receipt Program of Four Seasons Ed...
November 10 2017 - 1:00PM
Business Wire
Deutsche Bank announced today its appointment as depositary bank
for NYSE-listed Level III American Depositary Receipt Program of
Four Seasons Education (Cayman) Inc. (NYSE: FEDU).
Four Seasons Education (Cayman) Inc. (NYSE: FEDU) is a provider
of education services, primarily in mathematics, and currently has
a network of 33 learning centres across five cities in China.
Headquartered in Shanghai, it is currently the largest after-school
mathematics education service provider for elementary school
students in Shanghai in terms of gross billings and number of
students.*
“We are delighted to be appointed as depositary bank for Four
Seasons Education’s NYSE-listed Level III ADR program,” said Brian
Studdert, Global Head of Depositary Receipts at Deutsche Bank. “Our
broad range of customized services will be used to assist Four
Seasons Education to optimize the visibility of its ADR
program.”
In addition to specializing in administering cross-border equity
structures such as American and Global Depositary Receipts,
Deutsche Bank provides corporates, financial institutions, hedge
funds and supranational agencies around the world with trustee,
agency, escrow and related services. The Bank offers a very broad
range of services for diverse products, from complex
securitizations and project finance to syndicated loans, debt
exchanges and restructurings.
* This information was provided by Four Seasons Education
(Cayman) Inc. (November 2017)
About Deutsche Bank:
Deutsche Bank provides commercial and investment banking, retail
banking, transaction banking and asset and wealth management
products and services to corporations, governments, institutional
investors, small and medium-sized businesses, and private
individuals. Deutsche Bank is Germany’s leading bank, with a strong
position in Europe and a significant presence in the Americas and
Asia Pacific.
The Depositary Receipts have been registered pursuant to the US
Securities Act of 1933 (the "Act"). The investment or investment
service which is the subject of this notice is not available to
retail clients as defined by the UK Financial Conduct Authority.
This notice has been approved and/or communicated by Deutsche Bank
AG New York. The services described in this notice are provided by
Deutsche Bank Trust Company Americas (Deutsche Bank) or by its
subsidiaries and/or affiliates in accordance with appropriate local
registration and regulation. Deutsche Bank is providing the
attached notice strictly for information purposes and makes no
claims or statement, nor does it warrant or in any way represent,
as to the accuracy or completeness of the details contained herein
or therein. This announcement appears as a matter of record only.
Neither this announcement nor the information contained herein
constitutes an offer or solicitation by Deutsche Bank or any other
issuer or entity for the purchase or sale of any securities nor
does it constitute a solicitation to any person in any jurisdiction
where solicitation would be unlawful. No part of this notice may be
copied or reproduced in any way without the prior written consent
of Deutsche Bank. Past results are not an indication of future
performance. Copyright © November 2017 Deutsche Bank AG. All rights
reserved.
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Deutsche Bank AGPress & Media RelationsLawton King,
+1-212-250-0622lawton.king@db.com
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