Citi Appointed Successor Depositary for Diageo’s ADR Programme
LONDON--(BUSINESS WIRE)--
Citi today announced that its Citi Transaction Services business, acting
through Citibank N.A., has been appointed by Diageo plc (“Diageo”), the
world’s leading premium drinks business, as the successor depositary
bank for its American Depositary Receipt (ADR) programme. Diageo’s ADRs
trade on the New York Stock Exchange under the symbol “DEO”, with each
ADR representing four ordinary shares. Diageo’s ordinary shares are
listed on the London Stock Exchange.
Catherine James, Head of Investor Relations, commented “Diageo performs
regular reviews of its service providers and we believe that Citi is
best positioned to help us achieve our future goals for our ADR
programme. We are looking forward to working closely with Citi to
develop a strong working relationship, which I believe will benefit both
Diageo and its ADR holders."
“We are delighted to be appointed successor depositary bank by a leading
company such as Diageo,” Dirk Jones, Global Head of Securities and Fund
Services Client Sales Management at Citi, said. “Citi’s investor
relations expertise and unparalleled global distribution network will
deliver the resources required to enable the success of Diageo’s ADR
programme.”
Citi Transaction Services, a division of Citi’s Institutional Clients
Group, offers integrated cash management, trade, and securities and fund
services to multinational corporations, financial institutions and
public sector organizations around the world. With a network that spans
more than 95 countries, Citi’s Transaction Services supports over 65,000
clients. As of the fourth quarter of 2012, it held on average $428
billion in liability balances and $13.2 trillion in assets under custody.
For more information on Citi’s Depositary Receipt Services, visit www.citi.com/dr.
###
About Diageo
Diageo is the world's leading premium drinks business. Diageo brings
consumers a wide collection of beverage alcohol brands across the
spirits, wine and beer categories, including Smirnoff, Guinness, Johnnie
Walker, Baileys, J&B, Jose Cuervo, Captain Morgan and Tanqueray, as well
as Beaulieu Vineyard and Sterling Vineyards wines. Diageo trades in over
180 countries and is listed on both the New York Stock Exchange (DEO)
and the London Stock Exchange (DGE). For more information about Diageo,
visit www.diageo.com
About Citi
Citi, the leading global financial services company, 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
Citi Media Contacts: Amy Cayzer +44 (0) 20 7508 3082 amy.cayzer@citi.com or Diageo
Media Contacts: Jessica Rouleau Victoria Ward +44 (0)
20 8978 4764 +44 (0) 20 8978 4353 press.office@diageo.com or Diageo
Investor Enquiries: Agnes Bota Sarah Paul +36 1 580
1022 +44 (0) 20 8978 4326 investor.relations@diageo.com
Press Release $C Citigroup, Inc.
LONDON--(BUSINESS WIRE)-- Citi today announced that its Citi Transaction Services business, acting through Citibank N.A., has been appointed by Diageo plc (“Diageo”), the world’s leading premium drinks business, as the successor depositary bank for its American Depositary Receipt (ADR) programme. Diageo’s ADRs trade on the New York Stock Exchange under the symbol “DEO”, with each ADR representing four ordinary shares. Diageo’s ordinary shares are listed on the London Stock Exchange.
Catherine James, Head of Investor Relations, commented “Diageo performs regular reviews of its service providers and we believe that Citi is best positioned to help us achieve our future goals for our ADR programme. We are looking forward to working closely with Citi to develop a strong working relationship, which I believe will benefit both Diageo and its ADR holders."
“We are delighted to be appointed successor depositary bank by a leading company such as Diageo,” Dirk Jones, Global Head of Securities and Fund Services Client Sales Management at Citi, said. “Citi’s investor relations expertise and unparalleled global distribution network will deliver the resources required to enable the success of Diageo’s ADR programme.”
Citi Transaction Services, a division of Citi’s Institutional Clients Group, offers integrated cash management, trade, and securities and fund services to multinational corporations, financial institutions and public sector organizations around the world. With a network that spans more than 95 countries, Citi’s Transaction Services supports over 65,000 clients. As of the fourth quarter of 2012, it held on average $428 billion in liability balances and $13.2 trillion in assets under custody.
For more information on Citi’s Depositary Receipt Services, visit www.citi.com/dr.
###
About Diageo
Diageo is the world's leading premium drinks business. Diageo brings consumers a wide collection of beverage alcohol brands across the spirits, wine and beer categories, including Smirnoff, Guinness, Johnnie Walker, Baileys, J&B, Jose Cuervo, Captain Morgan and Tanqueray, as well as Beaulieu Vineyard and Sterling Vineyards wines. Diageo trades in over 180 countries and is listed on both the New York Stock Exchange (DEO) and the London Stock Exchange (DGE). For more information about Diageo, visit www.diageo.com
About Citi
Citi, the leading global financial services company, 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
Citi Media Contacts:
Amy Cayzer
+44 (0) 20 7508 3082
amy.cayzer@citi.com
or
Diageo Media Contacts:
Jessica Rouleau
Victoria Ward
+44 (0) 20 8978 4764
+44 (0) 20 8978 4353
press.office@diageo.com
or
Diageo Investor Enquiries:
Agnes Bota
Sarah Paul
+36 1 580 1022
+44 (0) 20 8978 4326
investor.relations@diageo.com
Source: Citigroup Inc.