Aperam is a spin-off of ArcelorMittal’s stainless steel division, trading in the OTC marketplace under the symbol APEMY, with each NYRS representing 1 ordinary share.

Aperam CEO Bernard Fontana said we are committed to developing a strong shareholder base in the US and pleased with the appointment of Citi as the agent.

Citi global head of Securities and Fund Services Client Sales Management Dirk Jones said Aperam from ArcelorMittal is a momentous event for both firms, and we are pleased that Aperam has chosen Citi as registrar and transfer agent for their NYRS program.

Global Transaction Services, a division of Citi’s Institutional Clients Group, offers integrated cash management, trade, and securities and fund services to multinational corporations, financial institutions and public sector organizations around the world.