Deutsche Bank Appointed as Depositary Bank for the Sponsored Level III American Depositary Receipt Program of Bilibili Inc.
NEW YORK--(BUSINESS WIRE)--Apr 2, 2018--Deutsche Bank announced today its appointment as depositary bank for NASDAQ-listed Level III American Depositary Receipt Program of Bilibili Inc.
Bilibili Inc. (NASDAQ: BILI) is a China-based online entertainment platform aimed at providing young generations in China with a wide array of content, including videos, live broadcasting and mobile games. The Company’s website was first launched in June 2009. In the fourth quarter of 2017, the Company had 71.8 million average monthly active users, an increase of 45.3 percent from 49.4 million in the same period of 2016. The number of average monthly active users further grew to 76.4 million in the first two months of 2018. The Company’s principal executive offices are located in Shanghai.*
“We are pleased to have been appointed as depositary bank for Bilibili’s NASDAQ-listed Level III ADR program,” said Brian Studdert, Global Head of Depositary Receipts at Deutsche Bank. “With this new appointment, we continue to demonstrate our commitment to the Asia- Pacific region and to reinforce our position as a leading provider in the depositary receipts industry.”
In addition to specializing in administering cross-border equity structures such as American and Global Depositary Receipts, Deutsche Bank provides corporates, financial institutions, hedge funds and supranational agencies around the world with trustee, agency, escrow and related services. The Bank offers a very broad range of services for diverse products, from complex securitizations and project finance to syndicated loans, debt exchanges and restructurings.
* Source: Bilibili Inc. (April 2018)
About Deutsche Bank:
Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.
The Depositary Receipts have been registered pursuant to the US Securities Act of 1933 (the “Act”). The investment or investment service which is the subject of this notice is not available to retail clients as defined by the UK Financial Conduct Authority. This notice has been approved and/or communicated by Deutsche Bank AG New York. The services described in this notice are provided by Deutsche Bank Trust Company Americas (Deutsche Bank) or by its subsidiaries and/or affiliates in accordance with appropriate local registration and regulation. Deutsche Bank is providing the attached notice strictly for information purposes and makes no claims or statement, nor does it warrant or in any way represent, as to the accuracy or completeness of the details contained herein or therein. This announcement appears as a matter of record only. Neither this announcement nor the information contained herein constitutes an offer or solicitation by Deutsche Bank or any other issuer or entity for the purchase or sale of any securities nor does it constitute a solicitation to any person in any jurisdiction where solicitation would be unlawful. No part of this notice may be copied or reproduced in any way without the prior written consent of Deutsche Bank. Past results are not an indication of future performance. Copyright © April 2018 Deutsche Bank AG. All rights reserved.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180402005815/en/
CONTACT: Deutsche Bank AG
Press & Media Relations
Lawton King, +1 212-250-0622
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE
SOURCE: Deutsche Bank
Copyright Business Wire 2018.
PUB: 04/02/2018 04:17 PM/DISC: 04/02/2018 04:17 PM