RSG - Resource Generation Limited - Resource Generation establishes ADR Release Date: 18/03/2011 09:18:02 Code(s): RSG
RSG - Resource Generation Limited - Resource Generation establishes ADR
Resource Generation Limited
ACN 059 950 337
(Incorporated and registered in Australia)
(Registration number ACN 059 950 337)
Share code on the JSE Limited: RSG ISIN: AU000000RES1
Share code on the Australian Stock Exchange Limited: RES ISIN: AU000000RES1
Resource Generation establishes ADR programme
Resource Generation has established a Level 1 American Depositary Receipt
("ADR") programme which will permit investors to invest in the company through a
The Resgen ADR is traded on the US over-the-counter market and is sponsored by
Citi, which acts as the Depositary Bank.
Each ADR has a ratio of 4:1; i.e. one ADR is equivalent to 4 shares.
The official Resgen ADR ticker code is RSGNY.
Paul Jury, Resource Generation`s managing director, said: "The ADR programme
will assist us in continuing to broaden our shareholder base internationally. We
are pleased to have appointed Citi as our depositary bank, and know that its
expertise with ADRs will help to ensure the success of the programme."
Dirk Jones, Citi`s global head of securities and fund services client sales
management, said "We are very pleased to be appointed depositary bank for
Resource Generation`s sponsored ADR programme. By matching Citi`s local
Australian expertise with its global distribution network and investor relations
expertise, we`re confident that we can help Resource Generation increase its
programme visibility in the market."
18 March 2011
Paul Jury, Managing Director on (02) 9376 9000 or
Steve Matthews, Company Secretary on (02) 9376 9000
Anthony Tregoning (02) 8264 1000
Deloitte & Touche Sponsor Services (Pty) Limited
Date: 18/03/2011 09:18:01 Supplied by www.sharenet.co.za
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