LONDON--(BUSINESS WIRE)--Citi, acting through Citibank N.A., has been appointed by Sodexo S.A. (“Sodexo”), the world leader in quality of life services, as successor depositary bank for its Level 1 American Depositary Receipt (ADR) programme, which trades in the US over the counter (“OTC”) market under symbol “SDXAY”. The ordinary shares are listed on Euronext Paris and trade under symbol “SW”.
Siân Herbert-Jones, Group CFO at Sodexo, commented: “Sodexo has a strong presence in North America delivering services that improve Quality of Life, an essential factor in individual and organizational performance. Sodexo serves 75 million consumers each day through its unique combination of On-site Services, Benefits and Rewards Services and Personal and Home Services in more than 80 countries worldwide. We look forward to working with Citi to increase the visibility of the Group and access additional investors in the US, thereby increasing liquidity.”
“Citi is delighted to be appointed by Sodexo as successor depositary bank for its Level 1 ADR programme,” said Dirk Jones, Global Head of Issuer Services, at Citi. “We look forward to working closely with Sodexo leveraging our unparalleled equity distribution network in the US and providing best-in-class service to the company’s existing ADR holders.”
For more information on Citi’s Depositary Receipt Services, visit www.citi.com/dr.
Founded in 1966 in Marseille by Pierre Bellon, Sodexo is the global leader in services that improve Quality of Life, an essential factor in individual and organizational performance. Operating in 80 countries, Sodexo serves 75 million customers each day through its unique combination of On-Site Services, Benefits and Rewards Services and Personal and Home Services. Through its more than 100 services, Sodexo provides clients with an integrated offer developed over nearly 50 years of experience: from reception, maintenance and cleaning, to foodservices and facilities and equipment management; from Meal Pass, Gift Pass and Mobility Pass benefits for employees to in-home assistance and concierge services. Sodexo's success and performance are founded on its independence, its sustainable business model and its ability to continuously develop and engage its 420,000 employees throughout the world. For more information: www.sodexo.com.
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