Sponsored Level I ADR Program Admitted for Trading
Sponsored Level I ADR Program Admitted for Trading
12 January 2016
Serco Group plc ('Serco' or 'the Group'), the international service company trading on the London Stock Exchange ('LSE') Main Market under the symbol 'SRP', announces that its American Depositary Receipts ('ADRs') have been formally admitted to trading on the Over-The-Counter ('OTC') platform in the United States via a sponsored Level I ADR program. Deutsche Bank has been appointed as the Depositary Bank for Serco's ADR program. Each Serco ADR represents one LSE-listed Serco Ordinary Share. Serco's ADRs will trade under the symbol 'SCGPY'.
ADRs enable qualifying non‐US 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 Serco's existing primary listing on the LSE. Further information about Serco's ADR program can be found at www.serco.com/investors/adr.
Ends
For further information please contact Serco:
Stuart Ford, Head of Investor Relations T +44 (0) 1256 386 227
Marcus De Ville, Head of Media Relations T +44 (0) 1256 386 226
About Serco
Serco is a leading provider of public services. Our customers are governments or others operating in the public sector. We gain scale, expertise and diversification by operating internationally across five sectors and four geographies: Defence, Justice & Immigration, Transport, Health and Citizen Services, delivered in UK & Europe, North America, Asia Pacific and the Middle East.
More information can be found at www.serco.com
Forward looking statements
This announcement contains statements which are, or may be deemed to be, "forward looking statements" which are prospective in nature. All statements other than statements of historical fact are forward looking statements. Generally, words such as "expect", "anticipate", "may", "should", "will" and similar expressions identify forward looking statements. By their nature, these forward looking statements are subject to a number of risks and uncertainties and actual results and events could differ materially from those currently being anticipated as reflected in such statements. Factors which may cause future outcomes to differ from those foreseen in forward looking statements include, but are not limited to: general economic conditions and business conditions in Serco's markets; contracts awarded to Serco; customers' acceptance of Serco's products and services; operational problems; the actions of competitors, trading partners, creditors, rating agencies and others; the success or otherwise of partnering; changes in laws and governmental regulations; regulatory or legal actions, including the types of enforcement action pursued and the nature of remedies sought or imposed; the receipt of relevant third party and/or regulatory approvals; exchange rate fluctuations; the development and use of new technology; changes in public expectations and other changes to business conditions; wars and acts of terrorism; and cyber-attacks. These forward looking statements speak only as of the date of this announcement. Except as required by any applicable law or regulation, Serco expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward looking statements contained in this announcement to reflect any change in Serco's expectations or any change in events, conditions or circumstances on which any such statement is based.
This information is provided by RNS
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