Agilyx ASA: Agilyx appoints Citi as depositary bank for sponsored Level 1 American Depositary Receipt program
2026-07-30 08:30:00
Oslo, Norway - July 30 2026: Agilyx ASA (Euronext Oslo Børs: AGLX; Frankfurt:
5NQ) ("Agilyx" or the "Company") today announces that it has appointed Citibank,
N.A. ("Citi") as depositary bank for a sponsored Level 1 American Depositary
Receipt ("ADR") program.
The ADRs are expected to begin trading by the end of August 2026 on the US
over-the-counter (OTC) market, and be quoted and settled in US dollars,
providing US investors with a convenient means of holding and trading in the
Company's shares during US market hours through their own brokers and
custodians.
The establishment of a sponsored Level 1 ADR program is intended to broaden
Agilyx's US investor base, enhance the visibility and accessibility of the
Company's shares in the world's largest capital market, and improve overall
trading liquidity. The program does not involve the issuance of new shares and
will have no dilutive effect on existing shareholders.
Ranjeet Bhatia, Chief Executive Officer of Agilyx, commented:
"Establishing a sponsored ADR program with Citi is a natural step in the
development of our shareholder base. Interest from US investors in Agilyx and
the European recycling opportunity has grown considerably, and the ADR makes it
materially easier for US investors to invest in our business."
The launch of the ADR program remains subject to customary regulatory filings
and confirmations, and the Company will provide further details, including the
ADR ticker and ratio, at launch.
About Agilyx
Agilyx ASA is a leading global investment platform supporting the development of
plastic waste feedstock supply to the recycling industry. Through its majority
holding in GreenDot Global, Europe's largest waste plastic recycling platform,
Agilyx has access to large volumes of post-use plastic and advanced sorting and
recycling infrastructure in Austria, France, Germany, Italy, and Spain. Through
arcLABS, Agilyx provides characterization and identification services for
plastic streams that can be converted into feedstock matched to recycling
processes. Agilyx also markets Styrenyx, its proprietary chemical recycling
technology for polystyrene waste. By enabling the shift from a linear
"make-take-waste" model to a circular economy, Agilyx helps solve the plastic
waste crisis and supports the global transition to a low-carbon future.
Inquiries: investors@agilyx.com
Learn more at: www.agilyx.com
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