NEW YORK & HONG KONG & SYDNEY--(BUSINESS WIRE)--Deutsche Bank today announced its appointment as successor depositary bank for the sponsored Level II NYSE-listed American Depositary Receipt (ADR) program of James Hardie Industries plc (James Hardie).
James Hardie (NYSE:JHX) is a world-leading manufacturer of fiber-cement building materials. The fiber-cement products have a wide range of applications and are used in a number of markets, including new residential construction, repair and remodeling, manufactured housing and a variety of commercial and industrial applications. James Hardie operates in markets around the world and has manufacturing operations in the United States, Australia, New Zealand and the Philippines. The business employs approximately 3,100 people and generated net sales of USD 1.5 billion in the financial year ended March 31, 2014. James Hardie is headquartered in Dublin and is listed on the Australian Stock Exchange.*
Naomi Flutter, Head of Global Transaction Banking - Australia & New Zealand at Deutsche Bank said, “We are delighted to welcome James Hardie as a client of Deutsche Bank’s Issuer Services group. This mandate demonstrates Deutsche Bank’s commitment to ADR issuers in Australia and we look forward to providing James Hardie with the highest level of service to optimize the visibility of its ADR program and broaden its investor base.”
*Source: James Hardie Industries plc (October 2014)
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This announcement appears as a matter of record only. This announcement has been approved and/or communicated by Deutsche Bank AG New York.
American 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© October 2014 Deutsche Bank AG. All rights reserved.