Level-1 American Depositary R

RNS Number : 6635W

Burberry Group PLC

31 July 2009

 



BURBERRY GROUP PLC

Burberry Group PLC establishes Level I American Depositary Receipt Programme

Burberry Group PLC, the global luxury company, today announces the establishment of a sponsored Level I American Depositary Receipt ('ADR') programme. Each ADR represents two ordinary shares of Burberry. The CUSIP number for these ADRs is 12082W 204.

Deutsche Bank has been appointed as the depositary bank for the ADR programme.

For further information, please contact:

Burberry		020 3367 3524
Stacey Cartwright	EVP, Chief Financial Officer
Fay Dodds	Director of Investor Relations
Deutsche Bank
Libby Young	Press Office	020 7545 6941
John T Gallagher	Press Office	[phone]

An ADR is a security that has been created to permit US investors to hold shares in non-US companies and trade them on securities markets in the United States. In contrast to underlying ordinary shares, ADRs permit US investors to trade in US dollars in the US securities markets with US securities dealers, in the same way as they trade securities issued by US companies.  Investors can receive dividend payments in US dollars.

About Burberry Group PLC

Burberry is an iconic British global luxury brand established in 1856 leveraging its rich heritage, proven strategies and seasoned management team to assure sustainable, profitable growth. Burberry designs and sources apparel and accessories, selling through a diversified network of retail, wholesale, licensing and e-commerce channels worldwide. Burberry has five strategic themes to underpin its growth: leverage the franchise; intensify non-apparel development; accelerate retail-led growth; invest in under-penetrated markets; and pursue operational excellence.

About Deutsche Bank 

Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 80,277 employees in 72 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.  

Deutsche Bank's Trust & Securities Services business, part of Global Transaction Banking, is one of the leading providers of trustee, agent, depositary, registrar, SPV management and related services for a wide range of financial structures and transactions. It is a leading depositary for American and Global Depositary Receipts, provides fund and hedge fund administration and, through a fully integrated network of specialist offices worldwide, provides domestic custody services in more than 30 securities markets. 

www.db.com

Note: 

This announcement does not constitute an offer to purchase, sell or exchange or solicitation of an offer to purchase, sell or exchange any securities. The ordinary shares of Burberry Group PLC that underlie the ADRs may not be offered or sold in the United States except pursuant to an effective registration statement under the U.S. Securities Act of 1933, as amended, or pursuant to an available exemption from registration.

 

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