Elan Appoints Citi as Successor Depositary for ADR Programme

Elan, a biotechnology company headquartered in Ireland, has appointed Citi Global Transaction Services (GTS) business, acting through Citibank NA, as the successor depositary bank for its American depositary receipt (ADR) programme.

Liam Daniel, executive vice president and company secretary, said: “We are very pleased with the appointment of Citibank as our new ADR depositary and look forward to working closely with them to continue the success of our ADR programme for both our existing and potential shareholders in North America.”


Related reading

New consumer banking head for Citi Asia Pacific