Rostelecom appoints Citi as Depositary Bank for ADR Programme
Moscow, Russia – December 31, 2019 – Rostelecom PJSC (MOEX - RTS: RTKM, RTKMP; OTCQX: ROSYY), Russia’s national telecommunications operator, today announces that Citi, acting through Citibank N.A., has been appointed to act as depositary bank for its American Depositary Receipt (“ADR”) programme.
Rostelecom’s American Depositary Shares (“ADS”) trade on the London Stock Exchange under the symbol “RKMD” and on OTCQX market under the symbol “ROSYY”. Each ADS represents six ordinary shares of the company. Rostelecom’s underlying ordinary shares are listed and trade on the Moscow Stock Exchange under the symbol “RTKM” (preferred shares are traded under the symbol “RTKMP”).
“We look forward to working with Citi and leaning on their global equity expertise and broad customer network to expand our investor outreach and further improve relationships with our investors.”
Further information is available at https://www.company.rt.ru/en/ir/stock_and_bonds/adr/.
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Citi, the leading global bank, 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.