Depositary receipt

TA Advisory FZ LLC: Saif Alketbi Promises to Resist Further Attempts by Fortenova Management to Unfairly Sell Company Assets – and Offers a Solution

Retrieved on: 
Wednesday, June 28, 2023
Asset Management, Legal, Professional Services, Finance, Wine, ART, Lawyer, Sberbank, Sale, Depositary receipt, HPS, Lazard, Pass, European, SBK, United Arab Emirates, Security (finance), Cryptocurrency, Food delivery, EU, EURIBOR, Fortenova Group

Mr Alketbi, Fortenova’s largest shareholder, is closely monitoring Fortenova management's next moves, together with his legal team.

Key Points: 
  • Mr Alketbi, Fortenova’s largest shareholder, is closely monitoring Fortenova management's next moves, together with his legal team.
  • In a letter to international investment bank Lazard on 16 June 2023, Mr Alketbi declared a significant interest in acquiring Fortenova Group MidCo.
  • This is an onerous debt burden, and attempts by Fortenova Group’s management to blame this on the company's ownership structure are at odds with reality.
  • Mr Alketbi is advised by lawyers TA Advisory in Dubai, as well as legal counsel in other jurisdictions.

HMS Group: Rub 3.3 BN Export Contract

Retrieved on: 
Tuesday, August 3, 2021
Finance, MOEX, Financial markets, Financial services, HMS Group, Moscow Exchange, Economy of London, Global depository receipt, Depositary receipt, LSE, London Stock Exchange

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • (the "Company", and together with its subsidiaries, the "HMS Group")
    HMS Group (LSE, MOEX: HMSG) announces today that it has signed a follow-up contract to engineer and procure nuclear pumps and pump-based solutions worth a total Rub 3.3billion.
  • HMS Group's products are mission-critical elements of projects across a diverse range of industries.
  • HMS Group is listed on the London Stock Exchange and the Moscow Exchange in the form of global depositary receipts (LSE, MOEX: HMSG).

AdvisorShares Announces Julio Lugo Has Joined Firm as Head of Fund Operations

Retrieved on: 
Friday, July 30, 2021
Finance, Financial markets, Exchange-traded funds, Money, AdvisorShares, American depositary receipt, Depositary receipt, Special-purpose acquisition company

BETHESDA, Md., July 30, 2021 /PRNewswire/ -- AdvisorShares, a leading sponsor of actively managed exchange-traded funds (ETFs), today announced that Julio Lugo has joined the firm as head of fund operations and member of the senior leadership team.

Key Points: 
  • BETHESDA, Md., July 30, 2021 /PRNewswire/ -- AdvisorShares, a leading sponsor of actively managed exchange-traded funds (ETFs), today announced that Julio Lugo has joined the firm as head of fund operations and member of the senior leadership team.
  • Lugo, who has more than 25 years of financial services experience, will lead the company's fund operations which includes product management, trading, fund services, legal, compliance and oversight.
  • He assumes this role as managing director Dan Ahrens focuses more exclusively on chief investment officer and portfolio manager responsibilities.
  • Lugo joins AdvisorShares from ETP Consulting LLP, where he worked with American depositary receipt (ADR) and ETF issuers and assisting private companies & investors with special purpose acquisition companies (SPACs).

Citi Appointed as Successor Depositary Bank for MMK’s GDR Program

Retrieved on: 
Tuesday, July 27, 2021
Banking, Professional services, Finance, Citigroup, Financial services, Companies, Finance, Global depository receipt, Depositary receipt, Citibank, Magnitogorsk Iron and Steel Works

Citi, acting through Citibank N.A., has been appointed by PJSC Magnitogorsk Iron and Steel Works (MMK) one of the largest Russian iron and steel companies to act as successor depositary bank for its Global Depositary Receipt (GDR) program.

Key Points: 
  • Citi, acting through Citibank N.A., has been appointed by PJSC Magnitogorsk Iron and Steel Works (MMK) one of the largest Russian iron and steel companies to act as successor depositary bank for its Global Depositary Receipt (GDR) program.
  • Commenting on the appointment, Dirk Jones, Global Head of Issuer Services, at Citi said, I am delighted, on behalf of Citi that MMK has chosen to engage us to work with them as Depositary Bank.
  • Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions.
  • Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi |
    View source version on businesswire.com: https://www.businesswire.com/news/home/20210727005621/en/

Fitch and Expert RA Affirm HMS Group Ratings and Stable Outlook

Retrieved on: 
Monday, July 19, 2021
HMS Group, London Stock Exchange, Depositary receipt, City of London, London, Companies of the United Kingdom

(the "Company", and together with its subsidiaries, the "HMS Group")

Key Points: 
  • (the "Company", and together with its subsidiaries, the "HMS Group")
    The Fitch rating reflects HMS' "leading market position, strong customer base, albeit less diversified than peers', moderate profitability and comfortable liquidity position."
  • Expert RA makes a point that unlike oil service companies HMS' activity doesn't carry excess force majeure risk that refers to manufacturing, and the Group forecasts its costs more precisely.
  • HMS Group's products are mission-critical elements of projects across a diverse range of industries.
  • HMS has a listing on the London Stock Exchange in the form of global depositary receipts (LSE: HMSG).

Dr. Reddy's Laboratories Announces Filing of Annual Report on Form 20-F

Retrieved on: 
Thursday, July 1, 2021
Biotechnology, Pharmaceutical, Health, Financial markets, NIFTY 50, States and union territories of India, India, Dr. Reddy's Laboratories, American depositary receipt, Depositary receipt, Reddy, Radar Doppler Multitarget

The Annual Report on Form 20-F is also available on the website of Dr. Reddys, www.drreddys.com .

Key Points: 
  • The Annual Report on Form 20-F is also available on the website of Dr. Reddys, www.drreddys.com .
  • American Depositary Receipts (ADRs) holders may also obtain a hard copy of the Annual Report on Form 20-F at no cost, by sending a written request to the Companys registered office or by sending an e-mail to [email protected] .
  • About Dr. Reddys: Dr. Reddys Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY, NSEIFSC: DRREDDY) is an integrated pharmaceutical company, committed to providing affordable and innovative medicines for healthier lives.
  • Our major therapeutic areas of focus are gastrointestinal, cardiovascular, diabetology, oncology, pain management and dermatology.

Citi Appointed as Depositary Bank for Tremor International Ltd’s ADR Programme

Retrieved on: 
Monday, June 28, 2021
Audio, Video, Finance, Advertising, Banking, Data management, Communications, Professional services, Technology, Citigroup, Finance, Companies, Financial markets, American depositary receipt, Depositary receipt, Citibank, Tremor International, Citi, TREMOR INTERNATIONAL, CITI

Citi, acting through Citibank N.A., has been appointed by Tremor International Ltd (Tremor), a global leader in advertising technologies, to act as depositary bank for its American Depositary Receipt (ADR) programme.

Key Points: 

OJSC PhosAgro: Report on Payments to Governments for 2020

Retrieved on: 
Friday, June 25, 2021
Finance, Financial markets, Money, Exchange-traded funds, Banking, Global depository receipt, Depositary receipt, MSCI, Moscow Exchange, London Stock Exchange

PhosAgro's main products include phosphate rock, 50 grades of fertilizers, feed phosphates, ammonia, and sodium tripolyphosphate, which are used by customers in 102 countries spanning all of the world's inhabited continents.

Key Points: 
  • PhosAgro's main products include phosphate rock, 50 grades of fertilizers, feed phosphates, ammonia, and sodium tripolyphosphate, which are used by customers in 102 countries spanning all of the world's inhabited continents.
  • The Company's priority markets outside of Russia and the CIS are Latin America, Europe and Asia.
  • PhosAgro's shares are traded on the Moscow Exchange, and Global Depositary Receipts (GDRs) for shares trade on the London Stock Exchange (under the ticker PHOR).
  • Since 1 June 2016, the Company's GDRs have been included in the MSCI Russia and MSCI Emerging Markets indexes.

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

Retrieved on: 
Monday, June 21, 2021
Professional services, Health, Communications, Finance, Banking, Biotechnology, Public relations, Investor relations, Citigroup, Companies, Finance, Financial markets, Depositary receipt, American depositary receipt, Citibank, Molecular Partners, Citi, MOLECULAR PARTNERS, CITI

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.

Key Points: 

Technip Energies to Address Attendees at the J.P. Morgan Energy, Power & Renewables Conference

Retrieved on: 
Friday, June 18, 2021
Engineering, Energy, Manufacturing, Oil, Gas, Technip, Industrial gases, Petroleum production, Green vehicles, Emerging technologies, Sustainable technologies, Industry economics), American depositary receipt, Energy, Fuels, Depositary receipt, Liquefied natural gas

There will be no presentation materials associated with the event.

Key Points: 
  • There will be no presentation materials associated with the event.
  • Technip Energies is a leading Engineering & Technology company for the energy transition, with leadership positions in Liquefied Natural Gas (LNG), hydrogen and ethylene as well as growing market positions in blue and green hydrogen, sustainable chemistry and CO2 management.
  • The company benefits from its robust project delivery model supported by extensive technology, products and services offering.
  • Technip Energies is listed on Euronext Paris with American depositary receipts (ADRs) trading over-the-counter in the United States.