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Citi Appointed as Depositary Bank for Rightmove Plc’s ADR Program

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american depositary receipt financial
An American depositary receipt (ADR) is a certificate that represents shares of a foreign company traded on U.S. stock exchanges. It allows investors to buy and sell parts of a foreign company's stock easily, much like purchasing shares of a company based in their own country. ADRs make international investing more convenient and accessible for U.S. investors.
adr financial
An American Depositary Receipt (ADR) is a financial certificate that lets investors buy shares of a foreign company through U.S. stock markets, similar to buying a local wrapper that represents the underlying foreign shares. ADRs matter because they make investing in overseas companies easier and more liquid by trading in U.S. dollars and under U.S. market rules, while still carrying currency, regulatory, and country-specific risks that can affect share value.
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ads financial
Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.
over the counter (otc) market financial
A market where stocks, bonds and other securities trade directly between buyers and sellers through dealers and brokers rather than on a formal exchange; think of it as a farmers’ market compared with a supermarket-style stock exchange. It matters to investors because prices can be less transparent and trading can be slower or riskier, so holdings may offer bigger gains but also higher chances of loss and require more careful research.
depositary receipt financial
A depositary receipt is a certificate issued by a bank that represents ownership of shares in a foreign company, allowing those shares to trade on a local stock exchange without buying the original foreign shares directly. For investors it acts like a local ticket to a foreign concert—making it easier to buy, sell and receive dividends in familiar currency and market hours, while still carrying extra costs and exposure to currency and country risk.
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LONDON--(BUSINESS WIRE)-- Citi Issuer Services, acting through Citibank N.A., has been appointed by Rightmove Plc (“Rightmove”), as Depositary Bank for its sponsored Level 1 American Depositary Receipt (“ADR”) program.

Rightmove’s ADRs trade on the over the counter (OTC) Market under the symbol “RTMVY”. Each ADS represents 2 ordinary shares of the company. Rightmove’s underlying ordinary shares are listed and traded on the London Stock Exchange under the symbol “RMV”.

Commenting on the appointment, Dirk Jones, Head of Issuer Services at Citi, said: “We are committed to supporting Rightmove with high quality services through our industry-leading ADR solutions. Our deep capital markets expertise and extensive global network enable us to facilitate seamless access to global capital markets for issuers like Rightmove.”

Citi Issuer Services is a leading provider of depositary receipt services. With depositary receipt programs in over 65 markets, spanning equity and fixed-income products, Issuer Services leverages Citi’s global network to provide cross-border capital market access to issuers, intermediaries, and investors.

For more information on Citi’s Depositary Receipt Services, please visit www.citi.com/dr.

About Citi

Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.

Additional information may be found at www.citigroup.com | X: @Citi | LinkedIn: www.linkedin.com/company/citi | YouTube: www.youtube.com/citi | Facebook: www.facebook.com/citi

Citi Media Contact:
Harsha Jethnani
harsha.jethnani@citi.com
+65 93830872

Source: Citi