Citi Appointed as Successor Depositary Bank for Prudential plc’s ADR Program
20 Março 2025 - 3:00AM
Business Wire
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 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 more than 180 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 | X:
@Citi | LinkedIn: www.linkedin.com/company/citi | YouTube:
www.youtube.com/citi | Facebook: www.facebook.com/citi
About Prudential plc
Prudential plc provides life and health insurance and asset
management in 24 markets across Asia and Africa. Prudential’s
mission is to be the most trusted partner and protector for this
generation and generations to come, by providing simple and
accessible financial and health solutions. The business has dual
primary listings on the Stock Exchange of Hong Kong (2378) and the
London Stock Exchange (PRU). It also has a secondary listing on the
Singapore Stock Exchange (K6S) and a listing on the New York Stock
Exchange (PUK) in the form of American Depositary Receipts. It is a
constituent of the Hang Seng Composite Index and is also included
for trading in the Shenzhen-Hong Kong Stock Connect programme and
the Shanghai-Hong Kong Stock Connect programme. Prudential is not
affiliated in any manner with Prudential Financial, Inc., a company
whose principal place of business is in the United States of
America, nor with The Prudential Assurance Company Limited, a
subsidiary of M&G plc, a company incorporated in the United
Kingdom.
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version on businesswire.com: https://www.businesswire.com/news/home/20250319299465/en/
Citi Media Contact: Harsha Jethnani
harsha.jethnani@citi.com +65 93830872
Prudential Investor Contact: Patrick Bowes +44 (0)20 3977
9720
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