{"id":784772,"date":"2023-09-19T04:03:03","date_gmt":"2023-09-19T08:03:03","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-as-depositary-bank-for-arm-holdings-plcs-adr-programme\/"},"modified":"2023-09-19T04:03:03","modified_gmt":"2023-09-19T08:03:03","slug":"citi-appointed-as-depositary-bank-for-arm-holdings-plcs-adr-programme","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-as-depositary-bank-for-arm-holdings-plcs-adr-programme\/","title":{"rendered":"Citi Appointed as Depositary Bank for Arm Holdings plc\u2019s ADR Programme"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Citi Appointed as Depositary Bank for Arm Holdings plc\u2019s ADR Programme<\/b><\/p>\n<p>LONDON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nCiti, acting through Citibank N.A., has been appointed by Arm Holdings plc (\u201cArm\u201d) to act as depositary bank for its initial public offering (the \u201cIPO\u201d) of Arm\u2019s American Depositary Shares (\u201cADSs\u201d or \u201cADRs\u201d) representing its ordinary shares.<\/p>\n<p>\nArm\u2019s ADR Programme has been established in connection with a US$5.2 billion IPO of its ADRs, priced at US$51 per ADR. The ADRs are listed on the Nasdaq Global Select Market under the symbol \u201cARM\u201d. Each ADR represents one ordinary share.<\/p>\n<p>\nCommenting on the appointment, Dirk Jones, Global Head of Issuer Services, at Citi said: \u201cI am delighted that Citi has been selected by Arm as its ADR depositary for this listing. There has been widespread interest in Arm\u2019s Nasdaq listing and today\u2019s announcement is a testament to the confidence in Citi\u2019s platforms to provide the highest quality ADR services to investors.\u201d<\/p>\n<p>\nCiti is a leading provider of depositary receipt services. With depositary receipt programs in 67 markets, spanning equity and fixed-income products, Citi leverages its global network to provide cross-border capital market access to issuers, intermediaries, and investors.<\/p>\n<p>\nFor more information on Citi\u2019s Depositary Receipt Services, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.citi.com%2Fdr&amp;esheet=53556914&amp;newsitemid=20230919386688&amp;lan=en-US&amp;anchor=www.citi.com%2Fdr&amp;index=1&amp;md5=ac3b758aa7ef70a7d1d19fe1cc793e26\">www.citi.com\/dr<\/a>.<\/p>\n<p><b>About Citi<\/b><\/p>\n<p>\nCiti is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in nearly 160 countries and jurisdictions, providing corporations, governments, investors, institutions, and individuals with a broad range of financial products and services.<\/p>\n<p>\nAdditional information may be found at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.citigroup.com%2F&amp;esheet=53556914&amp;newsitemid=20230919386688&amp;lan=en-US&amp;anchor=www.citigroup.com&amp;index=2&amp;md5=12b1097f6ba896d3ff8a2b9c57056677\">www.citigroup.com<\/a> | Twitter: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2Fciti&amp;esheet=53556914&amp;newsitemid=20230919386688&amp;lan=en-US&amp;anchor=%40Citi&amp;index=3&amp;md5=7f8bbe2f559f26d2a3949dd7cbecb4d0\">@Citi<\/a> | LinkedIn: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fciti&amp;esheet=53556914&amp;newsitemid=20230919386688&amp;lan=en-US&amp;anchor=www.linkedin.com%2Fcompany%2Fciti&amp;index=4&amp;md5=4436422c8a1472a65013721122e0a4fe\">www.linkedin.com\/company\/citi<\/a> | YouTube: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.youtube.com%2Fciti%257C&amp;esheet=53556914&amp;newsitemid=20230919386688&amp;lan=en-US&amp;anchor=www.youtube.com%2Fciti&amp;index=5&amp;md5=5d6085b26ee6aa2b204022b0dcb8639a\">www.youtube.com\/citi<\/a> | Facebook: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.facebook.com%2Fciti&amp;esheet=53556914&amp;newsitemid=20230919386688&amp;lan=en-US&amp;anchor=www.facebook.com%2Fciti&amp;index=6&amp;md5=fa0152e49e237c1ce73b102aee5d81c7\">www.facebook.com\/citi<\/a><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230919386688r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230919386688\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230919386688\/en\/<\/a><\/span><\/p>\n<p><b>Citi Media Contacts:<\/b><\/p>\n<p>\nShani Halstead<br \/>\n<br \/>+44 (0) 20 7508 2352<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:shani.halstead@citi.com\">shani.halstead@citi.com<\/a><\/p>\n<p>\nRichard Bicknell<br \/>\n<br \/>+44 (0) 20 7500 5003<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:richard.bicknell@citi.com\">richard.bicknell@citi.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United Kingdom Europe<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Personal Finance Finance Banking Professional Services Asset Management<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230919386688\/en\/386817\/3\/citi_2c-blu_pos_rgb.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Citi Appointed as Depositary Bank for Arm Holdings plc\u2019s ADR Programme LONDON&#8211;(BUSINESS WIRE)&#8211; Citi, acting through Citibank N.A., has been appointed by Arm Holdings plc (\u201cArm\u201d) to act as depositary bank for its initial public offering (the \u201cIPO\u201d) of Arm\u2019s American Depositary Shares (\u201cADSs\u201d or \u201cADRs\u201d) representing its ordinary shares. Arm\u2019s ADR Programme has been established in connection with a US$5.2 billion IPO of its ADRs, priced at US$51 per ADR. The ADRs are listed on the Nasdaq Global Select Market under the symbol \u201cARM\u201d. Each ADR represents one ordinary share. Commenting on the appointment, Dirk Jones, Global Head of Issuer Services, at Citi said: \u201cI am delighted that Citi has been selected by Arm as its ADR depositary for &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-as-depositary-bank-for-arm-holdings-plcs-adr-programme\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Citi Appointed as Depositary Bank for Arm Holdings plc\u2019s ADR Programme&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-784772","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Citi Appointed as Depositary Bank for Arm Holdings plc\u2019s ADR Programme - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-as-depositary-bank-for-arm-holdings-plcs-adr-programme\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Citi Appointed as Depositary Bank for Arm Holdings plc\u2019s ADR Programme - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Citi Appointed as Depositary Bank for Arm Holdings plc\u2019s ADR Programme LONDON&#8211;(BUSINESS WIRE)&#8211; Citi, acting through Citibank N.A., has been appointed by Arm Holdings plc (\u201cArm\u201d) to act as depositary bank for its initial public offering (the \u201cIPO\u201d) of Arm\u2019s American Depositary Shares (\u201cADSs\u201d or \u201cADRs\u201d) representing its ordinary shares. Arm\u2019s ADR Programme has been established in connection with a US$5.2 billion IPO of its ADRs, priced at US$51 per ADR. The ADRs are listed on the Nasdaq Global Select Market under the symbol \u201cARM\u201d. Each ADR represents one ordinary share. Commenting on the appointment, Dirk Jones, Global Head of Issuer Services, at Citi said: \u201cI am delighted that Citi has been selected by Arm as its ADR depositary for &hellip; Continue reading &quot;Citi Appointed as Depositary Bank for Arm Holdings plc\u2019s ADR Programme&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-as-depositary-bank-for-arm-holdings-plcs-adr-programme\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-19T08:03:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230919386688r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citi-appointed-as-depositary-bank-for-arm-holdings-plcs-adr-programme\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citi-appointed-as-depositary-bank-for-arm-holdings-plcs-adr-programme\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Citi Appointed as Depositary Bank for Arm Holdings plc\u2019s ADR Programme\",\"datePublished\":\"2023-09-19T08:03:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citi-appointed-as-depositary-bank-for-arm-holdings-plcs-adr-programme\\\/\"},\"wordCount\":350,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citi-appointed-as-depositary-bank-for-arm-holdings-plcs-adr-programme\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230919386688r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citi-appointed-as-depositary-bank-for-arm-holdings-plcs-adr-programme\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citi-appointed-as-depositary-bank-for-arm-holdings-plcs-adr-programme\\\/\",\"name\":\"Citi Appointed as Depositary Bank for Arm Holdings plc\u2019s ADR Programme - 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Arm\u2019s ADR Programme has been established in connection with a US$5.2 billion IPO of its ADRs, priced at US$51 per ADR. The ADRs are listed on the Nasdaq Global Select Market under the symbol \u201cARM\u201d. Each ADR represents one ordinary share. Commenting on the appointment, Dirk Jones, Global Head of Issuer Services, at Citi said: \u201cI am delighted that Citi has been selected by Arm as its ADR depositary for &hellip; Continue reading \"Citi Appointed as Depositary Bank for Arm Holdings plc\u2019s ADR Programme\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-as-depositary-bank-for-arm-holdings-plcs-adr-programme\/","og_site_name":"Market Newsdesk","article_published_time":"2023-09-19T08:03:03+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230919386688r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-as-depositary-bank-for-arm-holdings-plcs-adr-programme\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-as-depositary-bank-for-arm-holdings-plcs-adr-programme\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Citi Appointed as Depositary Bank for Arm Holdings plc\u2019s ADR Programme","datePublished":"2023-09-19T08:03:03+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-as-depositary-bank-for-arm-holdings-plcs-adr-programme\/"},"wordCount":350,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-as-depositary-bank-for-arm-holdings-plcs-adr-programme\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230919386688r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-as-depositary-bank-for-arm-holdings-plcs-adr-programme\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-as-depositary-bank-for-arm-holdings-plcs-adr-programme\/","name":"Citi Appointed as Depositary Bank for Arm Holdings plc\u2019s ADR Programme - 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