• Deutsche Bank has been appointed as the depositary bank for Epiroc Aktiebolag's two sponsored Level 1 American Depositary Receipt (ADR) programs.
• The ADR programs involve OTC Class A shares (EPOAY) and OTC Class B shares (EPOBY).
• Epiroc AB is based in Stockholm, Sweden, and specializes in equipment for mining and infrastructure.
Deutsche Bank has been appointed as the depositary bank for two sponsored American Depositary Receipt (ADR) programs of Epiroc Aktiebolag. The programs include OTC Class A shares (symbol: EPOAY) and OTC Class B shares (symbol: EPOBY). This development was announced today and signifies Deutsche Bank's continuing role in managing cross-border equity structures.
Epiroc AB, headquartered in Stockholm, Sweden, is a leading global partner for mining and infrastructure customers, offering a range of equipment, tools, and support services. The company focuses on automation, digitalization, and electrification solutions for both surface and underground applications.
These ADR programs, managed by Deutsche Bank, have been registered under the US Securities Act of 1933 and are listed on the OTC market. The Class A and Class B shares maintain a 1:1 ratio regarding American Depositary Shares (ADS).
Deutsche Bank (DB, Financial) continues to provide extensive services across various financial sectors, maintaining its status as Germany’s leading bank with a significant presence in Europe, the Americas, and the Asia Pacific. The bank is involved in commercial and investment banking, retail banking, transaction banking, and asset management.
