Deutsche Bank today announced its appointment as successor depositary bank for the non-capital raising sponsored Level I American Depositary Receipt (ADR) program of Esprit Holdings Limited (Esprit).
Esprit (OTC US: ESPGY) is an international fashion brand present in over 40 countries, in close to 900 self-operated retail stores and through over 8,000 wholesale points of sale, including franchise partners and controlled wholesale spaces in department stores. Esprit has headquarters in Germany and Hong Kong.*
Philip Tiffin, Asia Pacific Head of Depositary Receipts Sales, Global Transaction Banking at Deutsche Bank, said: “We are delighted to be Esprit’s depositary bank of choice and welcome the company to our established franchise of global brands. We look forward to working with Esprit to enhance their investor relations strategies and shareholder bases."
*Source: Esprit Holdings Limited (FY14/15 First Quarter Update)
Deutsche Bank is a leading client-centric global universal bank serving 28 million clients worldwide. 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.
This announcement appears as a matter of record only. This announcement has been approved and/or communicated by Deutsche Bank AG New York.
American 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© January 2015 Deutsche Bank AG. All rights reserved.
