Deutsche Bank has been appointed successor depositary bank for the global depositary receipt (GDR) and the American depositary receipt (ADR) programs of Turkey-based Coca-Cola İçecek A.Ş. (CCI).
CCI is the sixth largest bottler of Coca-Cola by sales volume. Employing more than 10,000 people and with operations in Turkey, Pakistan, Kazakhstan, Azerbaijan, Kyrgyzstan, Turkmenistan, Jordan, Iraq, Tajikistan and Syria, CCI produces, sells and distributes beverages of The Coca-Cola Company.
Coca-Cola İçecek's shares are traded on the Istanbul Stock Exchange under the CCOLA.IS ticker.
"We are delighted to be appointed as the successor depositary bank for Coca-Cola İçecek's depositary receipt programs," says Edwin Reyes, global head of Depositary Receipts at Deutsche Bank. "We look forward to working with Coca-Cola İçecek to ensure that the holders of ADRs and GDRs receive the highest level of service."