Launch of ADR Programme

RNS Number : 1280C
Dixons Carphone PLC
23 June 2016
 

 

 

 

Dixons Carphone plc

 

 

Sponsored Level 1 ADR programme admitted for Trading

 

 

 

Dixons Carphone plc ('Dixons Carphone'), Europe's leading specialist electrical and telecommunications retailer and services company trading on the London Stock Exchange ('LSE') Main Market under the symbol 'DC.', announces that its American Depositary Receipts ('ADRs') have been formally admitted to trading on the Over-The-Counter ('OTC') market in the United States via a sponsored Level I ADR program.  Deutsche Bank has been appointed as the Depositary Bank for Dixons Carphone's ADR program.  Each Dixons Carphone ADR represents two LSE-listed Dixons Carphone Ordinary Shares.  Dixons Carphone's ADRs will trade under the symbol 'DXCPY'.

 

ADRs enable qualifying nonUS companies to have direct and broader exposure to the US investment community, allowing US investors to trade conveniently and efficiently in their normal exchange trading hours and with settlement in US dollars, and will complement Dixons Carphone's existing primary listing on the LSE.  Further information about Dixons Carphone's ADR program can be found at www.dixonscarphone.com/investors/adr.



 

For further information

Kate Ferry

IR, PR & Corporate Affairs Director

+44 (0)7748 933 206

Mark Reynolds

Head of Investor Relations

+44 (0)7979 696 498


Information on Dixons Carphone plc is available at www.dixonscarphone.com  

Follow us on Twitter: @dixonscarphone and @DCSebJ

 

About Dixons Carphone

Dixons Carphone plc is Europe's leading specialist electrical and telecommunications retailer and services company, employing over 42,000 people in eleven countries.

Focused on helping customers navigate the connected world, Dixons Carphone offers a comprehensive range of electrical and mobile products, connectivity and expert after-sales services from the Geek Squad and Knowhow.

Dixons Carphone's primary brands include Carphone Warehouse and CurrysPCWorld in the UK & Ireland, Elkjøp, Elkjøp Phonehouse, Elgiganten, Elgiganten Phonehouse, Gigantti and Lefdal in the Nordic countries, Kotsovolos in Greece, Dixons Travel in a number of UK & Ireland airports and Phone House in Spain. Our key service brands include Knowhow in the UK, Ireland and the Nordics, and Geek Squad in the UK, Ireland and Spain.

Business-to-business (B2B) services are provided through Connected World Services, PC World Business and Carphone Warehouse Business. Connected World Services aims to leverage the Group's existing expertise, operating processes and technology to provide a range of services to businesses.

Dixons Carphone was voted 'Retailer of the Year' at the Retail Week Awards 2016.


 


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