Deutsche Bank today announced its appointment as depositary bank for the non-capital raising sponsored Level I American Depositary Receipt (ADR) program of San Leon Energy Plc (San Leon).
San Leon is an international group of companies focused on the exploration and production of oil and gas projects in Europe and North Africa. The Company’s objective is to differentiate itself from other oil and gas exploration companies by becoming a producer quickly and being recognized as a proactive, energetic and self-supporting entity.
Akbar Poonawala, Head of Global Equity Services at Deutsche Bank, said, “We are pleased to be appointed as depositary bank for San Leon. Deutsche Bank’s range of customized ADR related services will be utilized to assist San Leon in enhancing its ADR program visibility and broadening its investor base.”
San Leon Energy plc
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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
This announcement appears as a matter of record only. This announcement has been approved and/or communicated by Deutsche Bank AG New York.