Smiths Group Appoints JP Morgan as Depositary Bank
Smiths Group, a global technology company, has appointed JP Morgan as depositary bank for the Level 1 American depositary receipt (ADR) programme.
Peter Durman, investor relations director, Smiths Group, said: “The US, with over half our group sales and home to 9,400 employees, is an important market where we see significant opportunity to grow our investor base. Our sponsorship of this ADR programme and partnership with JP Morgan will help us realise our ambitions to expand our investor presence in the US capital markets.”
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