NEW YORK, July 26, 2012 /PRNewswire/ -- BNY Mellon,
the global leader in investment management and investment services,
has been appointed as sponsored depositary bank by Unicharm
Corporation for the company's American depositary receipt (ADR)
program. Previously, Unicharm traded as an unsponsored ADR
program serviced by multiple depositaries. Five Unicharm ADRs
represent one ordinary share and trade on the U.S. over-the-counter
market under the symbol "UNICY." Unicharm's ordinary shares
trade on the Tokyo Stock Exchange under the code "8113."
(Logo: http://photos.prnewswire.com/prnh/20071001/NYM012LOGO
)
Unicharm offers products and services for all generations, using
technologies the company has developed in the areas of non-woven
fabrics and absorbent materials. Unicharm markets its
products across five business segments: baby and child care,
feminine care, health care, clean & fresh, and pet care.
"We look forward to using our new ADR program to make our equity
more available to investors in the U.S.," said Yasushi Akita, executive officer, general
manager of Accounting Control & Finance Head Office for
Unicharm. "We are particularly delighted to be partnering
with BNY Mellon, the global leader in the DR market space, who will
work with us to better serve our investors."
"Unicharm's decision to convert their unsponsored program to a
sponsored ADR program shows their commitment to reaching the global
investment community," said Michael Cole-Fontayn, CEO of BNY
Mellon's Depositary Receipts business. "We'll work closely
with Unicharm's management team to expand and diversify its global
investor base through this new sponsored program."
BNY Mellon acts as depositary for more than 2,500 American and
global depositary receipt programs, acting in partnership with
leading companies from 68 countries. BNY Mellon is committed
to helping securities issuers access the world's rapidly evolving
financial markets and delivers a comprehensive suite of depositary
receipt services. Learn more at www.bnymellon.com/dr.
BNY Mellon is a global financial services company focused on
helping clients manage and service their financial assets,
operating in 36 countries and serving more than 100 markets. BNY
Mellon is a leading provider of financial services for
institutions, corporations and high-net-worth individuals, offering
superior investment management and investment services through a
worldwide client-focused team. It has $27.1
trillion in assets under custody and administration and
$1.3 trillion in assets under
management, services $11.5 trillion
in outstanding debt, and processes global payments averaging
$1.4 trillion per day. BNY Mellon is
the corporate brand of The Bank of New York Mellon Corporation
(NYSE: BK). Learn more at www.bnymellon.com or follow us on
Twitter@BNYMellon.
This release is for informational purposes only. BNY Mellon
provides no advice nor recommendation or endorsement with respect
to any company or securities. Nothing herein shall be deemed to
constitute an offer to sell or a solicitation of an offer to buy
securities. Depositary Receipts: Not FDIC, State or Federal Agency
Insured; May Lose Value; No Bank, State or Federal Agency
Guarantee.
SOURCE BNY Mellon
