More NewsIMI Appoints Citi as Depositary for Level I ADR Programme

IMI Appoints Citi as Depositary for Level I ADR Programme

IMI, a global engineering solutions group, has appointed Citi’s global transaction services (GTS) business, acting through Citibank NA, as depositary for its sponsored Level 1 American depositary receipt (ADR) programme. IMI’s ADR programme trades in the over-the-counter (OTC) marketplace.

Will Shaw, investor relations Director, IMI, said: “The US is an important market for the group where we see significant opportunity to grow our investor base. Our sponsorship of this ADR programme and partnership with Citi will help us realise our ambitions to expand our investor presence in the US capital markets.”

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

3w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

5m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

5m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha