Deutsche Bank appointed as depositary bank for the American Depositary Receipt program of Burberry Group plc
Deutsche Bank today announced its appointment as depositary bank for the sponsored American Depositary Receipt (ADR) program of Burberry Group plc (Burberry).
Burberry is an iconic British global luxury brand established in 1856 leveraging its rich heritage, proven strategies and seasoned management team to assure sustainable, profitable growth. Burberry designs and sources apparel and accessories, selling through a diversified network of retail, wholesale, licensing and e-commerce channels worldwide. Burberry has five strategic themes to underpin its growth: leverage the franchise; intensify non-apparel development; accelerate retail-led growth; invest in under-penetrated markets; and pursue operational excellence.*
Akbar Poonawala, Head of Global Equity Services at Deutsche Bank said, “We are delighted to be appointed as depositary bank for Burberry’s ADR program. Deutsche Bank’s broad range of customized services will be used to assist Burberry in enhancing the visibility of its ADR program with the investor community.”
For further information, please call:
+44 (0) 20 7545 6941
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About Deutsche Bank
Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 78,896 employees in 72 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.
Deutsche Bank’s Trust & Securities Services business, part of Global Transaction Banking, is one of the leading providers of trustee, agent, depositary, registrar, SPV management and related services for a wide range of financial structures and transactions. It is a leading depositary for American and Global Depositary Receipts, provides fund and hedge fund administration and, through a fully integrated network of specialist offices worldwide, provides domestic custody services in more than 30 securities markets.
This announcement appears as a matter of record only. This announcement has been approved and/or communicated by Deutsche Bank AG London.
*Source: Burberry Group plc (July 2009)
The Depositary Receipts have been registered pursuant to the US Securities Act of 1933 (the "Act"). The investment or investment service which is the subject of this notice is not available to retail clients as defined by the UK Financial Services Authority. This notice has been approved and/or communicated by Deutsche Bank AG London. The services described in this notice are provided by Deutsche Bank Trust Company Americas (Deutsche Bank) or by its subsidiaries and/or affiliates in accordance with appropriate local registration and regulation. Deutsche Bank is providing the attached notice strictly for information purposes and makes no claims or statement, nor does it warrant or in any way represent, as to the accuracy or completeness of the details contained herein or therein. This announcement appears as a matter of record only. Neither this announcement nor the information contained herein constitutes an offer or solicitation by Deutsche Bank or any other issuer or entity for the purchase or sale of any securities nor does it constitute a solicitation to any person in any jurisdiction where solicitation would be unlawful. No part of this notice may be copied or reproduced in any way without the prior written consent of Deutsche Bank. Past results are not an indication of future performance. Copyright© July 2009 Deutsche Bank AG. All rights reserved.