Citis Global Transaction Services business, acting through Citibank, N.A., has been appointed by GOL Linhas Areas Inteligentes S.A. (GOL) as the successor depositary for its American depositary receipt (ADR) program.
Each American depositary share represents one preferred share and trades on the New York Stock Exchange under the symbol “GOL.”
“GOL is pleased and confident to have selected Citibank as its ADR depositary,” says Leonardo Pereira, GOLs CFO.
Dirk Jones, global head of securities and fund services client sales management at Citi, adds: “We are delighted that GOL Linhas Areas Inteligentes S.A. has appointed Citi as successor depositary bank for its ADR program. Leveraging Citis DR investor relations expertise and unmatched global distribution network, we look forward to working closely with GOL as they continue to expand their global profile and shareholder base worldwide.”
(CM)