Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of DingDong (Cayman) Limited
July 01 2021 - 03:32PM
Business Wire
Deutsche Bank announced today its appointment as depositary bank
for the NYSE-listed American Depositary Receipt program of DingDong
(Cayman) Limited.
DingDong (Cayman) Limited. (NYSE: DDL) is a leading on-demand
e-commerce company in China providing customers with fresh produce,
meat and seafood and other household products. The Company is
headquartered in Shanghai, People’s Republic of China.*
“We are very pleased to be appointed as depositary bank for
DingDong (Cayman) Limited’s Level III American Depositary Receipt
program,” said Daniel Clark, Global Head of Depositary Receipts at
Deutsche Bank. “Leveraging Deutsche Bank’s range of ADR services,
we look forward to working with DingDong to help grow the ADR
program and diversify the shareholder base.”
In addition to specializing in administering cross-border equity
structures such as New York Shares and American and Global
Depositary Receipts, Deutsche Bank provides corporates, financial
institutions, hedge funds and supranational agencies around the
world with trustee, agency, escrow and related services. Deutsche
Bank offers a very broad range of services for diverse products,
from complex securitizations and project finance to syndicated
loans, debt exchanges and restructurings.
* This information was provided by DingDong (Cayman) Limited
(July 2021).
Depositary Receipt Information
Country
China (Cayman Islands incorporated)
Custodian Bank
Deutsche Bank AG, Hong Kong Branch
Effective Date
July 1, 2021
Level III ADR
CUSIP
25445D 101
ISIN
US25445D1019
Symbol
DDL
Exchange
NYSE
Current Ratio
2 ADS: 3 Ordinary Shares
Eligibility
DTC
Depositary Receipt Contacts
Head of Depositary Receipts
New Business Development
Daniel Clark
William Ng
Tel: +1 212 250 3547
Tel: +852 2203 7889
www.adr.db.com
Markets Distribution
adr@db.com
London
Tel: +44 (0) 20 7547 6500
gtb.db.com
New York
Tel: +1 212 250 9100
Hong Kong
Tel: +852 2203 7854
Deutsche Bank provides commercial and investment banking, retail
banking, transaction banking and asset and wealth management
products and services to corporations, governments, institutional
investors, small and medium-sized businesses, and private
individuals. Deutsche Bank is Germany’s leading bank, with a strong
position in Europe and a significant presence in the Americas and
Asia Pacific.
The 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© July 2021 Deutsche Bank AG. All rights
reserved.
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version on businesswire.com: https://www.businesswire.com/news/home/20210701005853/en/
Deutsche Bank AG Press & Media Relations
Jon Laycock Tel. +12122509504 Cell. +447919103884 Email
jon.laycock@db.com
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