Dispersion Holdings - Application filed for trading on OTCQB in the US

Supernova Digital Assets

16/08/2021 07:00

RNS Number : 6754I

Dispersion Holdings PLC

16 August 2021

 

Press Release

16 August 2021

 

 Dispersion Holdings PLC

 

("Dispersion" or "The Company")

 

Application filed for share trading on the OTCQB Venture Market in the United States

 

Dispersion Holdings (AQSE:DEFI), an investment company specialising in decentralised finance (DeFi), is pleased to announce that it has filed an application with OTC Markets Group for the Company's shares to be cross-traded publicly on the OTCQB Venture Market ("OTCQB"), which would make Dispersion's shares more widely available to North American investors. 

Trading on the US OTC market would have no impact on Dispersion's existing ordinary shares trading on the AQSE Growth Market Access Segment in London and no new ordinary shares will be issued as part of the cross-trade. Dispersion will continue to comply with its obligations under the AQSE Growth Market Access Segment Rules and will have no Sarbanes-Oxley or SEC reporting requirements.

 

Should the application be successful, the cross-trading facility will be provided through OTC Markets Group Inc., located in New York, USA. OTC Markets operates the world's largest electronic interdealer quotation system for US broker dealers and offers multiple media channels to increase the visibility of OTC-traded companies.

Mike Edwards, Chief Executive of Dispersion, said: "We are keen to make Dispersion's shares available to the US markets in order to gain access to a broader investor base and also to enhance our visibility in North America. Dual trading on the OTC markets will represent an important development for the Company."

 

For further information please contact:

Dispersion Holdings
Mike Edwards
Chief Executive
Neil Thapar
Investor Relations
via Tancredi +44 207 887 7633
+44 7876 455 323
Novum Securities
AQSE Corporate Adviser
David Coffman / Lucy Bowden
Broker
Colin Rowbury / Jon Belliss
+44 207 399 9400
Tancredi Intelligent Communication
Media Relations
Edward Daly
Helen Humphrey
Salamander Davoudi
dispersion@tancredigroup.com
+44 7861 430 057
+44 7449 226 720
+44 7957 549 906

 

 

About Dispersion Holdings PLC:

Dispersion Holdings is an investment company specialising in opportunities in decentralised finance (DeFi), a disruptive technology using blockchain and cryptocurrencies to remove financial intermediaries from transactions, creating a cheaper, more efficient and more secure way of providing financial services. Listed on the Aquis Exchange in London, we apply our expertise to the business operations and strategic plans of FinTech companies in the UK, USA and Canada, and we act as an accelerator for start-ups and early-stage companies.

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 
  END

 

 
NEXGPUQARUPGPPA