Citi Appointed Depositary Bank for Merlin’s ADR Programme
LONDON--(BUSINESS WIRE)-- Citi, acting through Citibank N.A., has been appointed by Merlin Entertainments plc (“Merlin”), Europe’s leading and the world’s second largest visitor attraction operator, as depositary bank for its Level 1 American Depositary Receipt (ADR) programme, which trades on the US OTC marketplace under the symbol “MERLY”. Merlin’s ordinary shares are also listed and trade on the London Stock Exchange under symbol “MERL”.
Andrew Carr, Merlin’s Chief Financial Officer, said, “Merlin is a global business, operating over 100 attractions across 23 countries. We have a strong presence in North America, which saw our portfolio of iconic brands such as Madame Tussauds, SEA LIFE and LEGOLAND generate circa $450m of revenue in the US during 2014. Our presence there is expected to increase further through the roll out of new attractions including, in due course, a possible third LEGOLAND Park in the country. We are delighted to appoint Citi as depositary bank for our ADR programme, and very much look forward to working with them to further expand our shareholder base in the US.”
“Citi is delighted to be appointed by Merlin as depositary bank for its Level 1 ADR programme,” said Dirk Jones, Global Head of Issuer Services, at Citi. “We will work closely with Merlin to assist them in identifying ADR holders and in expanding their US shareholder base by leveraging our equities distribution network.”
For more information on Citi’s Depositary Receipt Services, visit www.citi.com/dr.
About Merlin
MERLIN ENTERTAINMENTS plc is the leading name in location based, family entertainment. Europe’s Number 1 and the world’s second-largest visitor attraction operator, Merlin now operates over 100 attractions, 12 hotels and 4 holiday villages in 23 countries and across 4 continents. The Company aims to deliver memorable and rewarding experiences to its more than 60 million visitors worldwide, through its iconic global and local brands, and the commitment and passion of its circa 26,000 employees.
For more information: www.merlinentertainments.biz
About Citi
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://new.citi.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi
View source version on businesswire.com: http://www.businesswire.com/news/home/20150902005066/en/
Citi Media Contacts:
Jeffrey French
+44 (0) 20 7500 8304
[email protected]
or
Merlin
Investor Enquiries:
Alistair Windybank / Simon Whittington
+44
(0) 1202 440 082
[email protected]
Source: Citi
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Citi downgrades Ryder Systems to neutral, raises price target
- FDA Proposes Rule to Modernize Drug Manufacturing Registration
- AM Best Assigns Preliminary Credit Assessment to Triangle Life Insurance Co Ltd.
Create E-mail Alert Related Categories
Press ReleasesRelated Entities
Citi, TwitterSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share