London, September 12 2007 – JPMorgan Worldwide Securities Services today announced that it is acting as depositary bank for Vimetco, following the company’s initial public offering last month, all of which was in global depositary receipt form (GDR).
Netherlands-based Vimetco, a global, vertically integrated producer of primary and processed aluminum products, with operations in Romania and China, listed its GDRs on the London Stock Exchange in a $515 million offering.
Shaun Parkes, global head of sales for JPMorgan Worldwide Securities Services’ depositary receipts business, said, "We are pleased to act as depositary bank for Vimetco and to have been entrusted with managing the global depositary receipt program."
For more information about JPMorgan’s depositary receipt business, please visit: www.jpmorgan.com/visit/ADR.
About JPMorgan Worldwide Securities Services
JPMorgan Worldwide Securities Services, a division of JPMorgan Chase Bank, N.A., is a global industry leader with $15.2 trillion in assets under custody. JPMorgan provides innovative custody, fund accounting and administration and securities services to the world's largest institutional investors, alternative asset managers and equity issuers. JPMorgan Worldwide Securities Services leverages its scale and capabilities in more than 90 markets to help clients optimize efficiency, mitigate risk and enhance revenue through a broad range of investor services as well as securities clearance, collateral management and alternative investment services. For more information, please visit www.jpmorgan.com/wss.
About JPMorgan Chase & Co.
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