STOCK TITAN

Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of European Metals Holdings Limited

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Deutsche Bank has been appointed as the depositary bank for the American Depositary Receipt (ADR) program of European Metals Holdings Limited, a company focused on battery metals production in Europe. This strategic collaboration aims to boost visibility for European Metals within the investor community. The ADR program, effective July 27, 2021, enhances access to the U.S. capital markets. Deutsche Bank specializes in managing cross-border equity structures and provides a variety of financial services globally.

Positive
  • Appointment as depositary bank enhances the visibility and accessibility of European Metals to U.S. investors.
  • Deutsche Bank's expertise in managing ADRs and cross-border equity structures could provide robust support for the program.
Negative
  • None.

Deutsche Bank announced today its appointment as depositary bank for the American Depositary Receipt program of European Metals Holdings Limited.

European Metals Holdings Limited. (OTC: EMHXY) is a vertically integrated battery metals company aiming to be Europe's first producer of battery grade lithium hydroxide and carbonate products from its Cinovec project in the Czech Republic. The Company's headquarters are in Perth, Australia. *

“We are very pleased to be appointed as depositary bank for European Metals Holdings Limited’s American Depositary Receipt program” said Daniel Clark, Global Head of Depositary Receipts at Deutsche Bank. “Deutsche Bank will deploy its broad range of customized services to assist European Metals in enhancing the visibility of its ADR program with the investor community”.

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 European Metals Holdings Limited (July 2021).

Depositary Receipt Information

Country

British Virgin Islands

Custodian Bank

National Nominees Limited

Effective Date

July 27, 2021

 

 

Level I ADR

 

CUSIP

29882F 108

ISIN

US29882F1084

Symbol

EMHXY

Exchange

OTC

Current Ratio

1 ADR to 20 CUFS

Eligibility

DTC

 

Depositary Receipt Contacts

Head of Depositary Receipts

New Business
Development

Daniel Clark

Chris Bagley

Tel: +1 212 250 3547

Tel: +61(3) 9270-4105

 

 

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.

FAQ

What is the purpose of Deutsche Bank's appointment as depositary bank for European Metals Holdings Limited?

The appointment aims to enhance the visibility of European Metals' American Depositary Receipt (ADR) program with the investor community.

When did the ADR program for European Metals Holdings Limited become effective?

The ADR program became effective on July 27, 2021.

What services does Deutsche Bank provide for the ADR program of European Metals Holdings Limited?

Deutsche Bank provides a range of customized services to manage the ADR program and facilitate better access to U.S. capital markets.

What is the stock symbol for European Metals Holdings Limited?

The stock symbol for European Metals Holdings Limited is EMHXY.

Deutsche Bank Aktiengesellschaft

NYSE:DB

DB Rankings

DB Latest News

DB Stock Data

34.34B
2.01B
7.94%
48.07%
0.77%
Banks - Regional
Financial Services
Link
United States of America
Frankfurt am Main