U.K. REIT Appoints Citi as Depositary Bank

Citi has been appointed by Land Securities Group, a U.K. commercial property company, as depositary bank for its sponsored Level 1 American Depositary Receipt (ADR) program.
By Jake Safane(2147484770)
Citi has been appointed by Land Securities Group, a U.K. real estate investment trust (REIT), as depositary bank for its sponsored Level 1 American Depositary Receipt (ADR) program.

As a Level 1 program, Land Securities’ ADR shares will trade in the U.S. over-the-counter (OTC) market under the symbol “LSGOY”.

Each ADR represents one ordinary share of Land Securities’, which are listed on the London Stock Exchange under the symbol “LAND”.

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