27.09.2005 12:54:00

The Bank of New York Selected as Depositary by Protherics PLC for its Listed Program

The Bank of New York, a global leader in securitiesservicing, has been selected by Protherics PLC as depositary bank forits listed American depositary receipt (ADR) program. Each ProthericsADR represents ten ordinary shares. The ADRs trade on the Nasdaq StockMarket under the symbol "PTIL," and the ordinary shares are listed onthe London Stock Exchange.

Headquartered in London, Protherics is a biopharmaceutical companyengaged in the development, manufacture and sale of pharmaceuticalproducts.

Andrew J. Heath, PhD, M.D., chief executive officer of Protherics,said, "As we expand our presence in the U.S., Protherics wanted towork with a depositary bank that would help streamline our program'sadministration and generate the greatest visibility, and we areconfident that The Bank of New York will help us meet thosechallenges."

Christopher Sturdy, managing director and Head of The Bank of NewYork's Depositary Receipt Division, said, "As the depositary bank fornearly 80% of all DR programs from pharmaceutical and biotechnologycompanies, we know the sector well and have the expertise necessary tohelp Protherics raise market awareness and stimulate interest in itsprogram."

The Bank of New York sponsors more than 1,190 American and globaldepositary receipt programs, a 64% market share, acting in partnershipwith leading companies from 60 countries. With an unrivalledcommitment to helping securities issuers succeed in the world'srapidly evolving financial markets, the Bank delivers the industry'smost comprehensive suite of integrated depositary receipt, corporatetrust and stock transfer services. Additional information is availableat www.adrbny.com.

The Bank of New York Company, Inc. (NYSE: BK) is a global leaderin providing a comprehensive array of services that enableinstitutions and individuals to move and manage their financial assetsin more than 100 markets worldwide. The Company has a long traditionof collaborating with clients to deliver innovative solutions throughits core competencies: securities servicing, treasury management,investment management, and individual & regional banking services. TheCompany's extensive global client base includes a broad range ofleading financial institutions, corporations, government entities,endowments and foundations. Its principal subsidiary, The Bank of NewYork, founded in 1784, is the oldest bank in the United States and hasconsistently played a prominent role in the evolution of financialmarkets worldwide. Additional information is available atwww.bankofny.com.

The Bank of New York provides no advice nor recommendation orendorsement with respect to any company or security. Nothing hereinshall be deemed to constitute an offer or solicitation of an offer tobuy or sell securities.

JETZT DEVISEN-CFDS MIT BIS ZU HEBEL 30 HANDELN
Handeln Sie Devisen-CFDs mit kleinen Spreads. Mit nur 100 € können Sie mit der Wirkung von 3.000 Euro Kapital handeln.
82% der Kleinanlegerkonten verlieren Geld beim CFD-Handel mit diesem Anbieter. Sie sollten überlegen, ob Sie es sich leisten können, das hohe Risiko einzugehen, Ihr Geld zu verlieren.

Analysen zu Bank of New York Mellonmehr Analysen

Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!

Aktien in diesem Artikel

Bank of New York Mellon 75,23 0,12% Bank of New York Mellon

Indizes in diesem Artikel

S&P 500 5 840,57 -1,31%