Paris-Based Industrials Group Appoints BNY Mellon For ADR Program

Groupe Gorge has appointed BNY Mellon as depositary bank for its American depositary receipt (ADR) program.
By Janet Du Chenne(59204)
Groupe Gorge has appointed BNY Mellon as depositary bank for its American depositary receipt (ADR) program.

Each Groupe Gorge ADR represents one ordinary share and trades over-the-counter under the symbol “GGRGY.” Groupe Gorge’s ordinary shares trade on NYSE Euronext under the symbol “GOE.”

Established in 1990, Paris-based Groupe Gorge is an industrial group operating in four major business areas: intelligent safety systems, used for work in risky environments; nuclear protection environments, used to secure people and buildings housing radioactive materials; industrial projects and services; and 3D Printing, which provides systems, printers and material. The company employs about 1,300 people and operates in more than 10 countries.

“Keen interest from American investors has led Group Gorge to launch the year’s first ADR program from France,” said Christopher Kearns, CEO of BNY Mellon’s Depositary Receipts business. “As depositary bank, we look forward to supporting Group Gorge’s efforts to raise and expand its global profile.”

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