NEW YORK--(BUSINESS WIRE)--Citi, acting through Citibank N.A., has been appointed by South32 Limited, a global independent metals and mining company, as depositary bank for its Level 1 American Depositary Receipt (ADR) program.
South32’s ADRs trade in the United States over-the-counter (OTC) market under the symbol “SOUHY.” Five (5) ordinary shares are equivalent to one (1) ADR. South32’s ordinary shares are listed on the Australian Securities Exchange (“ASX”) and trade under the ticker “S32.”
“Citi is delighted to be appointed by South32 Limited as depositary bank for its Level 1 ADR program,” said Dirk Jones, Head of Global Issuer Services at Citi. “We look forward to working closely with South32 to provide best-in-class service to its ADR holders and help enable the success of its ADR program.”
Citi is a leading provider of Depositary Receipt Services. With Depositary Receipt programs in 55 markets, Citi leverages its global network to help companies connect to new markets and raise capital worldwide.
For more information about Citi’s Depositary Receipt Services please visit www.citi.com/dr.
About South32 Ltd.
South32 is a globally diversified metals and mining company with a portfolio of high quality, well maintained, cash generative assets producing bauxite, alumina, aluminium, thermal and metallurgical coal, manganese, nickel, silver, lead and zinc. South32 is the world’s largest producer of manganese ore and owns the world’s largest silver mine. We run two high quality alumina refineries, modern, cost competitive aluminium smelters and one of the world’s leading ferronickel operations. The head office of South32 is located in Perth, Australia. Regional offices in Perth and Johannesburg, South Africa are supported by a global shared services centre in Johannesburg and a marketing hub based in Singapore. South32 has a workforce totalling approximately 27,000 people globally.
South32 is listed on the Australian Securities Exchange (ticker symbol: “S32”) and in the United States on the over-the-counter (OTC) market (ticker symbol: “SOUHY”).
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://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi