Citi’s Securities and Fund Services business, acting through Citibank N.A., has been appointed by voxeljet AG (“voxeljet”), a leading provider of high-speed, large format 3D printers, as the depositary bank for their sponsored Level 3 American Depositary Receipt (ADR) programme. voxeljet’s shares trade only in the U.S. through ADRs listed on the New York Stock Exchange (NYSE), under the symbol “VJET”.
Rudolf Franz, Chief Financial Officer at voxeljet commented “We are very pleased that the market reacted so positively to the IPO of voxeljet and are excited about the growth prospects of the company. We look forward to a close partnership with Citibank as depositary bank for our ADR programme, which I am sure will benefit both voxeljet and its ADR holders.”
“Citi is delighted to be appointed by voxeljet as depositary bank for their Level 3 ADR programme,” Dirk Jones, Global Head of Securities and Fund Services Client Sales Management said. “voxeljet’s decision to list its shares solely on NYSE is a reflection of the renewed interest from US investors for European equities. Citi’s investor relations expertise and unmatched global equity distribution network will be a powerful platform for voxeljet to manage their ADR programme going forward.”
For more information on Citi’s Depositary Receipt Services, visit www.citi.com/dr.
voxeljet is a leading provider of high-speed, large-format 3D printers and on-demand parts services to industrial and commercial customers. The Company’s 3D printers employ a powder binding, additive manufacturing technology to produce parts using various material sets, which consist of particulate materials and proprietary chemical binding agents. The Company provides its 3D printers and on-demand parts services to industrial and commercial customers serving the automotive, aerospace, film and entertainment, art and architecture, engineering and consumer product end markets. For information, visit www.voxeljet.de/en/.
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