|By Business Wire||
|May 15, 2014 04:00 AM EDT||
Citi, acting through Citibank N.A., has been appointed by Land Securities Group PLC (“Land Securities”), the UK’s largest commercial property company, as depositary bank for its sponsored Level 1 American Depositary Receipt (ADR) programme.
Land Securities’ ADR programme trades in the US over-the-counter (OTC) market, under the symbol “LSGOY”. Each ADR represents 1 ordinary share. Land Securities’ ordinary shares are listed and trade on the London Stock Exchange under the symbol “LAND”.
Dirk Jones, Global Head of Client Sales Management at Citi said, “We are very pleased to be appointed depositary bank for Land Securities’ ADR programme. With its excellent investor relations expertise and unparalleled global presence, Citi has a powerful platform to enable the success of Land Securities’ ADR programme.”
For more information on Citi’s Depositary Receipt Services, visit www.citi.com/dr
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.
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