Coca-Cola Hellenic Appoints Citi as Successor Depositary for ADR Programme
Coca-Cola Hellenic Bottling Company, a Greece-based company, has appointed Citigroup’s Global Transaction Services (GTS) business, acting through Citibank NA, as the successor depositary bank for its NYSE-listed American depositary receipt (ADR) programme.
Coca-Cola Hellenic’s ADRs currently trade on the NYSE under the symbol CCH. The company’s ordinary shares are listed on the Athens Stock Exchange (ATHEX) under the symbol EEEK and on the London Stock Exchange (LSE) as CCB. Each ADR represents one ordinary share.
Robert Murray, chief financial officer (CFO) of Coca-Cola Hellenic, said: “We are pleased with the appointment of Citi as our new ADR depositary and look forward to working closely with them to add continued value both to our existing and potential shareholders in the US, who today represent approximately 30% of our free float.”