-

Citi Appointed as Depositary Bank for Molecular Partners AG’s ADR Programme

LONDON--(BUSINESS WIRE)--Citi, acting through Citibank N.A., has been appointed by Molecular Partners AG (“Molecular Partners”), a clinical-stage biotech company, to act as depositary bank for its American Depositary Receipt (“ADR”) programme.

Molecular Partners’ American Depositary Shares (“ADS”) trade on the Nasdaq Global Market under the symbol “MOLN”. Each ADS represents one ordinary share of the company.

Andreas Emmenegger, Molecular Partners’ CFO, said: “We are pleased to be working with Citi as part of the team supporting our new Nasdaq listing.”

Commenting on the appointment, Dirk Jones, Global Head of Issuer Services, at Citi said: “We look forward to supporting Molecular Partners’ ADR programme and expanding the company’s investor outreach through the expertise of our Investor Relations Advisory team and the breadth of our global equity distribution network.”

For more information on Citi’s Depositary Receipt Services, please visit www.citi.com/dr

About Molecular Partners

Molecular Partners AG is a clinical-stage biotech company developing DARPin® therapeutics, a new class of custom-built protein drugs designed to address challenges current modalities cannot. The Company has formed partnerships with leading pharmaceutical companies to advance DARPin® therapeutics in the areas of ophthalmology, oncology and infectious disease, and has compounds in various stages of clinical and preclinical development across multiple therapeutic areas.

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://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi

Contacts

Citi Media Contacts:
Shani Halstead
+44 (0) 20 7508 2352
shani.halstead@citi.com

Molecular Partners Investor Contact:
Seth Lewis
+1 781 420 2361
seth.lewis@molecularpartners.com

Citi

NYSE:C

Release Versions

Contacts

Citi Media Contacts:
Shani Halstead
+44 (0) 20 7508 2352
shani.halstead@citi.com

Molecular Partners Investor Contact:
Seth Lewis
+1 781 420 2361
seth.lewis@molecularpartners.com

More News From Citi

Citi Investor Services Wins US$380 Billion Middle Office Mandate from Aegon Asset Management

LONDON--(BUSINESS WIRE)--Citi Investor Services has been awarded a full middle office mandate by Aegon Asset Management (Aegon AM), covering US$380 billion in Assets under Management and extending a long-term relationship with a key client of 20 years. This mandate expands the scope of services already provided to Aegon AM by Citi, including custody, depositary, collateral, fund accounting and administration as well as transfer agency services. Citi has extended the breadth of its middle office...

Citi advised StepStone Group on landmark $3.3 billion Structured Solutions Vehicle

LONDON--(BUSINESS WIRE)--Citi has advised StepStone Group, a leading global private markets investment firm, on the structuring and placement of the largest structured solutions vehicle of its kind to date, resulting in $3.3 billion in commitments to invest predominantly in private market secondaries. The vehicle enables institutional investors to access the firm's secondaries platform through a flexible and capital-efficient solution. Harsh Shah, Head of Private Capital Solutions at Citi, comm...

Citi Becomes Clearing Member of London Precious Metals Clearing Limited

LONDON--(BUSINESS WIRE)--Citi and the LPMCL today announce Citi's admission as a clearing member of London Precious Metals Clearing Limited (LPMCL), adding Loco London settlement services for gold, silver, platinum and palladium. The new offering marks a major expansion of Citi Commodities’ global precious metals business as it delivers a more comprehensive product suite to its global client base. “Citi’s admission as a clearing member of LPMCL represents a natural extension of our long‑standin...
Back to Newsroom