Deutsche Bank appointed as depositary bank for the sponsored Level I American Depositary Receipt program of Murray & Roberts
New York, Deutsche Bank announced its appointment as depositary bank for the sponsored Level I American Depositary Receipt (ADR) program of Murray & Roberts.
Murray & Roberts, incorporated in South Africa, is a leading engineering, contracting and construction services company, with a primary focus on the resources-driven construction markets in industry & mining, oil & gas and power & energy in Africa, Middle East, Southeast Asia, Australasia and North and South America. The company offers civil, mechanical, electrical, mining and process engineering; general building and construction; materials supply and services to the construction industry; and management of concession operations. More information is available at http://www.murrob.com/.*
Akbar Poonawala, Head of Global Equity Services at Deutsche Bank said, “We are very pleased to have been appointed depositary bank for Murray & Robert’s ADR program. We will leverage Deutsche Bank’s range of ADR resources to provide the company and its ADR investors with the best possible service.”
*Source: Murray & Roberts (March 2010)
About Deutsche Bank
Deutsche Bank (NYSE: DB) is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 77,053 employees in 72 countries, Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.
Trust & Securities Services
Deutsche Bank’s Trust & Securities Services business, part of Global Transaction Banking, is one of the leading providers of trustee, agent, depositary, registrar, SPV management and related services for a wide range of financial structures and transactions. It is a leading depositary for American and Global Depositary Receipts, providing value-added services to companies raising capital in international markets or listing on the New York, Nasdaq, London, Luxembourg, Singapore or NASDAQ Dubai stock exchanges by means of depositary receipts. It also offers fund and hedge fund administration and, through a fully integrated network of specialist offices worldwide, provides domestic custody services in more than 30 securities markets. Additional details are available on http://www.adr.db.com/ or http://www.tss.db.com/.
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