BNY Mellon has won a mandate from Russian agro-industrial company, Cherkizovo Group. BNY Mellon will act as the depositary bank for Cherkizovo’s global depositary receipt (GDR) program. Cherkizovo’s three GDRs are equivalent to two ordinary shares and are listed on the London Stock Exchange. The company’s ordinary shares trade on MICEX and RTS. BNY serves as depositary for more than 2,100 U.S. and GDR programs.
Click here for the release from PR Newswire.