Citi Appointed Depositary Bank for OMV Petrom’s GDR Programme
October 21 2016 - 2:00AM
Business Wire
Citi’s Issuer Services business, acting through Citibank N.A.,
has been appointed by OMV Petrom S.A. (“OMV Petrom”), the largest
oil and gas group in Southeastern Europe, as depositary bank for
its Global Depositary Receipt (GDR) Programme. OMV Petrom’s GDRs
are listed and trade on the London Stock Exchange (LSE) under the
symbol “PETB” for the Regulation S GDRs and “PETR” for the Rule
144A GDRs, with each GDR equivalent to one hundred and fifty (150)
ordinary shares. OMV Petrom’s ordinary shares are also listed and
trade on the Bucharest Stock Exchange (BVB) under the symbol
“SNP”.
Mr. Andreas Matje, CFO at OMV Petrom, commented, "OMV Petrom is
pleased to work with one of the leading depositary banks in the
world, with a proven track record and with whom we developed a
longstanding relationship across various products."
“Citi is delighted to be appointed by OMV Petrom as depositary
bank for its LSE Listed GDR Programme,” said Dirk Jones, Global
Head of Issuer Services, at Citi. “We look forward to working
closely with OMV Petrom, leveraging our global equity distribution
network and providing best-in-class service to assist them in
fulfilling their goals.”
For more information on Citi’s Depositary Receipt Services,
visit www.citi.com/dr.
NOTES TO EDITORS
About OMV Petrom
OMV Petrom is the largest integrated oil and gas group in
Southeastern Europe, with an annual oil and gas production of
approximately 65 mn boe in 2015. The Group has a refining capacity
of 4.5 mn tons / year and operates an 860 MW high efficiency power
plant and a 45 MW wind park. The group is present on the oil
products retail markets in Romania and neighbouring countries
through 784 filling stations, as at 30 June 2016.
For more information please visit:
https://www.omvpetrom.com
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 |
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version on businesswire.com: http://www.businesswire.com/news/home/20161020006022/en/
Citi PR contact:Aurelie LeonardT: +44 207 500 4012E:
aurelie.leonard@citi.comorOMV Petrom Investor
Enquiries:Adriana MarinT : +40 372 161 930E :
investor.relations.petrom@petrom.com
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