Deutsche Bank appointed as depositary bank for the American Depositary Receipt program of easyJet plc
Deutsche Bank today announced its appointment as depositary bank for the sponsored American Depositary Receipt (ADR) program of easyJet plc (easyJet).
easyJet flies on more of Europe’s top 100 routes than any other airline, connecting convenient airports and a range of exciting destinations. Its attractive network gives the widest range of choice to business and leisure customers in 28 countries across Europe. It aims to provide its customers with safe, good value, point-to-point air services and believes in the goal of excellence of achievement in all its activities. easyJet sees striving for excellence in environmental, social and ethical activities as a key behaviour for a successful and sustainable business, positive for its shareholders, people, suppliers and customers.*
Akbar Poonawala, Head of Global Equity Services at Deutsche Bank said, “We are delighted to be appointed as depositary bank for easyJet’s Level I sponsored ADR program. Deutsche Bank’s broad range of customized ADR related services will be used to assist easyJet to enhance its ADR program visibility to the investor community.”
*Source: easyJet plc (September 2009)
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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 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, providing value-added services to companies raising capital in international markets or listing on the New York, Nasdaq, London, Luxembourg, Singapore or Nasdaq-Dubai stock exchanges by means of depositary receipts. It also offers 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. Additional details are available on http://www.adr.db.com/