{"id":827777,"date":"2025-03-20T02:03:26","date_gmt":"2025-03-20T06:03:26","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-as-successor-depositary-bank-for-prudential-plcs-adr-program\/"},"modified":"2025-03-20T02:03:26","modified_gmt":"2025-03-20T06:03:26","slug":"citi-appointed-as-successor-depositary-bank-for-prudential-plcs-adr-program","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-as-successor-depositary-bank-for-prudential-plcs-adr-program\/","title":{"rendered":"Citi Appointed as Successor Depositary Bank for Prudential plc\u2019s ADR Program"},"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 Successor Depositary Bank for Prudential plc\u2019s ADR Program<\/b><\/p>\n<p>LONDON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nCiti Issuer Services, acting through Citibank N.A., has been appointed by Prudential plc (\u201cPrudential\u201d) to act as successor depositary bank for its sponsored Level 2 American Depositary Receipt (\u201cADR\u201d) program.\n<\/p>\n<p>\nPrudential\u2019s ADRs are listed and traded on the New York Stock Exchange under the symbol \u201cPUK\u201d. Each ADR represents two ordinary shares of the company. Prudential\u2019s underlying ordinary shares are listed and traded on the London Stock Exchange under the symbol \u201cPRU LN\u201d. Its underlying ordinary shares are also listed and traded on the Hong Kong Stock Exchange under the symbol \u201c2378\u201d.\n<\/p>\n<p>\nCommenting on the appointment, Dirk Jones, Head of Issuer Services at Citi said: \u201cWith Citi\u2019s global presence and investor relations expertise, our platform will help facilitate the continued success of Prudential\u2019s sponsored Level 2 ADR program. Through our Issuer Services business, we provide issuers with the highest quality ADR services while facilitating global access to opportunities for investors.\u201d\n<\/p>\n<p>\nCiti Issuer Services is a leading provider of depositary receipt services. With depositary receipt programs in over 65 markets, spanning equity and fixed-income products, Issuer Services leverages Citi\u2019s global network to provide cross-border capital market access to issuers, intermediaries, and investors.\n<\/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=54226583&amp;newsitemid=20250319299465&amp;lan=en-US&amp;anchor=www.citi.com%2Fdr&amp;index=1&amp;md5=5aaf7d05e378d6e0117c88055fa3c376\">www.citi.com\/dr<\/a>.\n<\/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 more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.\n<\/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=54226583&amp;newsitemid=20250319299465&amp;lan=en-US&amp;anchor=www.citigroup.com&amp;index=2&amp;md5=86ef6dd906287ec711fe525dcc9e16b5\">www.citigroup.com<\/a> | X: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FCiti&amp;esheet=54226583&amp;newsitemid=20250319299465&amp;lan=en-US&amp;anchor=%40Citi&amp;index=3&amp;md5=e64eceb4dc6ad088843d6b60ff64d89b\">@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=54226583&amp;newsitemid=20250319299465&amp;lan=en-US&amp;anchor=www.linkedin.com%2Fcompany%2Fciti&amp;index=4&amp;md5=37f84ae62bafae43954d09abeb85df69\">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=54226583&amp;newsitemid=20250319299465&amp;lan=en-US&amp;anchor=www.youtube.com%2Fciti&amp;index=5&amp;md5=2c361dada59cf1e8177ee0586666181a\">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=54226583&amp;newsitemid=20250319299465&amp;lan=en-US&amp;anchor=www.facebook.com%2Fciti&amp;index=6&amp;md5=9f4943428666886ba0980289149a30d3\">www.facebook.com\/citi<\/a><\/p>\n<p><b>About Prudential plc<\/b><\/p>\n<p>\nPrudential plc provides life and health insurance and asset management in 24 markets across Asia and Africa. Prudential\u2019s mission is to be the most trusted partner and protector for this generation and generations to come, by providing simple and accessible financial and health solutions. The business has dual primary listings on the Stock Exchange of Hong Kong (2378) and the London Stock Exchange (PRU). It also has a secondary listing on the Singapore Stock Exchange (K6S) and a listing on the New York Stock Exchange (PUK) in the form of American Depositary Receipts. It is a constituent of the Hang Seng Composite Index and is also included for trading in the Shenzhen-Hong Kong Stock Connect programme and the Shanghai-Hong Kong Stock Connect programme. Prudential is not affiliated in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America, nor with The Prudential Assurance Company Limited, a subsidiary of M&amp;G plc, a company incorporated in the United Kingdom.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250319299465r1&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\/20250319299465\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250319299465\/en\/<\/a><\/span><\/p>\n<p><b>Citi Media Contact:<br \/>\n<\/b><br \/><i>Harsha Jethnani<br \/>\n<\/i><br \/><a rel=\"nofollow\" href=\"mailto:harsha.jethnani@citi.com\"><i>harsha.jethnani@citi.com<br \/>\n<\/i><\/a><i><br \/><\/i><i>+65 93830872<\/i><\/p>\n<p><b>Prudential Investor Contact:<br \/>\n<\/b><br \/><i>Patrick Bowes<br \/>\n<\/i><br \/><i>+44 (0)20 3977 9720<\/i><\/p>\n<p><b>KEYWORDS:<\/b> United Kingdom Europe<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Insurance Finance Asset Management Banking Personal Finance<\/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\/20250319299465\/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 Successor Depositary Bank for Prudential plc\u2019s ADR Program LONDON&#8211;(BUSINESS WIRE)&#8211; Citi Issuer Services, acting through Citibank N.A., has been appointed by Prudential plc (\u201cPrudential\u201d) to act as successor depositary bank for its sponsored Level 2 American Depositary Receipt (\u201cADR\u201d) program. Prudential\u2019s ADRs are listed and traded on the New York Stock Exchange under the symbol \u201cPUK\u201d. Each ADR represents two ordinary shares of the company. Prudential\u2019s underlying ordinary shares are listed and traded on the London Stock Exchange under the symbol \u201cPRU LN\u201d. Its underlying ordinary shares are also listed and traded on the Hong Kong Stock Exchange under the symbol \u201c2378\u201d. Commenting on the appointment, Dirk Jones, Head of Issuer Services at Citi said: \u201cWith Citi\u2019s &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-as-successor-depositary-bank-for-prudential-plcs-adr-program\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Citi Appointed as Successor Depositary Bank for Prudential plc\u2019s ADR Program&#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-827777","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Citi Appointed as Successor Depositary Bank for Prudential plc\u2019s ADR Program - 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-successor-depositary-bank-for-prudential-plcs-adr-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Citi Appointed as Successor Depositary Bank for Prudential plc\u2019s ADR Program - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Citi Appointed as Successor Depositary Bank for Prudential plc\u2019s ADR Program LONDON&#8211;(BUSINESS WIRE)&#8211; Citi Issuer Services, acting through Citibank N.A., has been appointed by Prudential plc (\u201cPrudential\u201d) to act as successor depositary bank for its sponsored Level 2 American Depositary Receipt (\u201cADR\u201d) program. Prudential\u2019s ADRs are listed and traded on the New York Stock Exchange under the symbol \u201cPUK\u201d. Each ADR represents two ordinary shares of the company. Prudential\u2019s underlying ordinary shares are listed and traded on the London Stock Exchange under the symbol \u201cPRU LN\u201d. Its underlying ordinary shares are also listed and traded on the Hong Kong Stock Exchange under the symbol \u201c2378\u201d. Commenting on the appointment, Dirk Jones, Head of Issuer Services at Citi said: \u201cWith Citi\u2019s &hellip; Continue reading &quot;Citi Appointed as Successor Depositary Bank for Prudential plc\u2019s ADR Program&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-as-successor-depositary-bank-for-prudential-plcs-adr-program\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-20T06:03:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250319299465r1&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=\"3 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-successor-depositary-bank-for-prudential-plcs-adr-program\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citi-appointed-as-successor-depositary-bank-for-prudential-plcs-adr-program\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Citi Appointed as Successor Depositary Bank for Prudential plc\u2019s ADR Program\",\"datePublished\":\"2025-03-20T06:03:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citi-appointed-as-successor-depositary-bank-for-prudential-plcs-adr-program\\\/\"},\"wordCount\":535,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citi-appointed-as-successor-depositary-bank-for-prudential-plcs-adr-program\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250319299465r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citi-appointed-as-successor-depositary-bank-for-prudential-plcs-adr-program\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citi-appointed-as-successor-depositary-bank-for-prudential-plcs-adr-program\\\/\",\"name\":\"Citi Appointed as Successor Depositary Bank for Prudential plc\u2019s ADR Program - 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Prudential\u2019s ADRs are listed and traded on the New York Stock Exchange under the symbol \u201cPUK\u201d. Each ADR represents two ordinary shares of the company. Prudential\u2019s underlying ordinary shares are listed and traded on the London Stock Exchange under the symbol \u201cPRU LN\u201d. Its underlying ordinary shares are also listed and traded on the Hong Kong Stock Exchange under the symbol \u201c2378\u201d. Commenting on the appointment, Dirk Jones, Head of Issuer Services at Citi said: \u201cWith Citi\u2019s &hellip; Continue reading \"Citi Appointed as Successor Depositary Bank for Prudential plc\u2019s ADR Program\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-as-successor-depositary-bank-for-prudential-plcs-adr-program\/","og_site_name":"Market Newsdesk","article_published_time":"2025-03-20T06:03:26+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250319299465r1&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":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-as-successor-depositary-bank-for-prudential-plcs-adr-program\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-as-successor-depositary-bank-for-prudential-plcs-adr-program\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Citi Appointed as Successor Depositary Bank for Prudential plc\u2019s ADR Program","datePublished":"2025-03-20T06:03:26+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-as-successor-depositary-bank-for-prudential-plcs-adr-program\/"},"wordCount":535,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-as-successor-depositary-bank-for-prudential-plcs-adr-program\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250319299465r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-as-successor-depositary-bank-for-prudential-plcs-adr-program\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-as-successor-depositary-bank-for-prudential-plcs-adr-program\/","name":"Citi Appointed as Successor Depositary Bank for Prudential plc\u2019s ADR Program - 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