Citi appointed as depositary bank for arm holdings plc's adr programme

London--(business wire)--citi, acting through citibank n.a., has been appointed by arm holdings plc (“arm”) to act as depositary bank for its initial public offering (the “ipo”) of arm's american depositary shares (“adss” or “adrs”) representing its ordinary shares. arm's adr programme has been established in connection with a us$5.2 billion ipo of its adrs, priced at us$51 per adr. the adrs are listed on the nasdaq global select market under the symbol “arm”. each adr represents one ordinary s.
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