Deutsche Bank Appointed as Depositary Bank for the Sponsored Level I American Depositary Receipt Program of Oriflame Cosmetics S.A.
Deutsche Bank today announced its appointment as depositary bank for the
sponsored Level I American Depositary Receipt (ADR) program of Oriflame
Cosmetics S.A. (Oriflame).
Founded in 1967 by two brothers and their friend, Oriflame is now an
international beauty company selling direct in more than 60 countries
worldwide. Its wide portfolio of Swedish, nature-inspired, innovative
beauty products are marketed through a sales force of approximately 3
million independent Oriflame Consultants, who together create annual
sales of around €1.5 billion. Respect for people and nature underlies
the company’s operating principles and is reflected in its social and
environmental policies. Oriflame supports numerous charities worldwide
and is a Co-founder of the World Childhood Foundation. Oriflame is a
Luxembourg company group with corporate offices in Luxembourg and
Switzerland. Oriflame Cosmetics is listed on the NASDAQ OMX Nordic
Exchange.*
Akbar Poonawala, Head of Global Equity Services at Deutsche Bank said,
“We are delighted to be selected as depositary bank for this notable
company and look forward to working with Oriflame to further enhance its
ADR investor relations and to develop the program.”
*Source: Oriflame Cosmetics S.A. (February 2013)
About Deutsche Bank 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 both mutual and alternative fund administration
and provides securities custody, clearing and agency lending services
from a global network spanning more than 30 markets. Additional details
are available on www.adr.db.com
or www.tss.db.com.
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 Services 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© February 2013 Deutsche Bank AG. All rights reserved.
Issued by press department of Deutsche Bank AG NY
|
|
|
|
Internet: http://www.db.com
|
|
|
|
60 Wall Street, New York, NY 10005
|
|
|
|
http://www.db.com/press
|
|
|
|
Phone +1 212 250 7171
|
|
|
|
E-Mail: press-media-relations.americas@db.com
|
|
|
|