NEW YORK & HONG KONG & SYDNEY--(BUSINESS WIRE)--Deutsche Bank today announced its appointment as depositary bank for the non-capital raising sponsored Level I American Depositary Receipt (ADR) program of Australia-based Tap Oil Limited (Tap Oil).
Tap Oil (OTC US: TPOYY) is an independent oil & gas exploration and production company with interests in Australia and South East Asia. The company’s oil & gas business consists of exploration, appraisal and production assets, including Tap Oil’s flagship project, the Manora Oil Development off the shore of Thailand. In addition, Tap Oil also operates a third-party gas business, relating to the purchase and resale of gas into the Western Australian domestic gas market. Headquartered in Perth, Western Australia, Tap Oil is also listed on the Australian Securities Exchange.*
Naomi Flutter, Head of Global Transaction Banking - Australia & New Zealand at Deutsche Bank said, “We are delighted to be appointed as depositary bank for Tap Oil’s sponsored Level I ADR program, our ninth ADR mandate in the Australia and New Zealand region this year. This momentum clearly demonstrates our success and continued commitment to these important markets. We look forward to providing Tap Oil with the highest level of service for their newly-launched program."
*Source: Tap Oil Limited (November 2014)
This announcement appears as a matter of record only. This announcement has been approved and/or communicated by Deutsche Bank AG New York.
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 Conduct Authority. This notice has been approved and/or communicated by Deutsche Bank AG New York. 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© November 2014 Deutsche Bank AG. All rights reserved.