Citi Appointed as Depositary Bank for Air Astana Group GDR Program
19 Fevereiro 2024 - 7:00AM
Business Wire
Citi’s Issuer Services, acting through Citibank, N.A., has been
appointed by Air Astana Group (“Air Astana”), the flag carrier
airline of Kazakhstan, to act as depositary bank for its Global
Depositary Receipt (“GDR”) program.
Air Astana’s Regulation S GDRs trade on the London Stock
Exchange (“LSE”) under the symbol “AIRA” and on the Astana
International Exchange (“AIX”) under the symbol “AIRA.Y” and Rule
144A GDRs under the symbol “AIRA”. Each GDR represents four
ordinary shares of the company. Air Astana’s underlying ordinary
shares are also listed and trade on AIX and JSC Kazakhstan Stock
Exchange (“KASE”) in Kazakhstan under the symbol “AIRA”.
“We are delighted to be appointed by Air Astana as depositary
bank for its GDR program,” said Dirk Jones, Global Head of Citi’s
Issuer Services. “We are confident that we will be able to assist
Air Astana in expanding their investor outreach through the support
of our Investor Relations Advisory team and our extensive equity
distribution network.”
Citi is a leading provider of depositary receipt services. With
depositary receipt programs in 67 markets, spanning equity and
fixed-income products, Citi leverages its global network to provide
cross-border capital market access to issuers, intermediaries and
investors.
For more information on Citi’s Depositary Receipt Services,
visit www.citi.com/dr.
About Citi
Citi is a preeminent banking partner for institutions with
cross-border needs, a global leader in wealth management and a
valued personal bank in its home market of the United States. Citi
does business in nearly 160 countries and jurisdictions, providing
corporations, governments, investors, institutions, and individuals
with a broad range of financial products and services.
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
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Citi Media Contacts: Harsha Jethnani
harsha.jethnani@citi.com +65 93830872
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