NEW YORK, July 9, 2013 /PRNewswire/ -- BNY Mellon, the
global leader in investment management and investment services, has
been appointed by Informa plc as depositary bank for its sponsored
American depositary receipt (ADR) program. Previously, Informa
traded in the U.S. over-the-counter (OTC) market as an unsponsored
DR. Each Informa ADR represents two ordinary shares and trades
OTC under the symbol "IFJPY." Informa's ordinary shares trade on
the London Stock Exchange under the symbol "INF."
Informa provides academics, businesses and individuals with
up-to-the minute information and highly specialist skills and
services. Informa operates in over 40 countries and provides
knowledge and information via some of the world's most respected
and longest standing brands.
"The U.S. is an important market for Informa, both operationally
and in terms of our investor base," said, Adam Walker, finance director of Informa. "We
have been steadily increasing our investor relations efforts as
interest levels in our stock are high. The move to a sponsored ADR
program with BNY Mellon is a natural next step, improving liquidity
and increasing our visibility here further."
"Informa's decision to focus on its U.S. investor base is
forward-looking in light of recent market trends," said
Christopher M. Kearns, CEO of BNY
Mellon's Depositary Receipts business. "We'll work closely with the
company to broaden its outreach as it strives to diversify its
shareholder base."
BNY Mellon acts as depositary for more than 2,700 American and
global depositary receipt programs, acting in partnership with
leading companies from 68 countries. BNY Mellon is committed to
helping securities issuers access the world's rapidly evolving
financial markets and delivers a comprehensive suite of depositary
receipt services. Learn more at www.bnymellon.com/dr
BNY Mellon is a global investments company dedicated to helping
its clients manage and service their financial assets throughout
the investment lifecycle. Whether providing financial services for
institutions, corporations or individual investors, BNY Mellon
delivers informed investment management and investment services in
36 countries and more than 100 markets. As of March 31, 2013, BNY Mellon had $26.3 trillion in assets under custody and/or
administration, and $1.4 trillion in
assets under management. BNY Mellon can act as a single point of
contact for clients looking to create, trade, hold, manage,
service, distribute or restructure investments. BNY Mellon is the
corporate brand of The Bank of New York Mellon Corporation (NYSE:
BK). Learn more at bnymellon.com, or follow us on Twitter
@BNYMellon.
This release is for informational purposes only. BNY Mellon
provides no advice nor recommendation or endorsement with respect
to any company or securities. Nothing herein shall be deemed to
constitute an offer to sell or a solicitation of an offer to buy
securities. Depositary Receipts: Not FDIC, State or Federal Agency
Insured; May Lose Value; No Bank, State or Federal Agency
Guarantee.
SOURCE BNY Mellon