Business
Application to OTCQB Venture Market
Application to OTCQB Venture Market.
About this update from Active Energy Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 3965U\n Active Energy Group PLC\n 06 April 2021\n \n \n \n \n Active Energy Group Plc / EPIC: AEG / Sector: Alternative Energy\n \n \n 6 April 2021\n \n \n \n \n \n Active Energy Group Plc\n \n \n ('Active Energy', 'AEG', or the 'Company')\n \n \n Application to OTCQB Venture Market\n \n \n \n \n \n Active Energy, the London quoted international biomass based renewable energy and forestry management business, 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\"), under the ticker \"ATGVF\", which would make AEG shares more widely available to North American investors.\n \n \n Trading on the US OTC market would have no impact on the trading of AEG's existing ordinary shares on AIM and no new ordinary shares will be issued as part of the cross-trade. AEG will continue to rely on the announcements and disclosures it makes to the London Stock Exchange and will have no Sarbanes-Oxley or SEC reporting requirements.\n \n \n 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.\n \n \n Michael Rowan, Chief Executive of AEG, said: \n \n \n \n \"Trading on the OTC markets will enable AEG to more easily access a US investor base and enhance our visibility in North America, where many of our potential customers are based. Dual trading on the OTC markets represents an important development for the Company as we continue to execute our growth strategy.\"\n \n \n \n \n \n \n This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.\n \n \n ENDS\n \n \n \n \n \n \n \n \n Enquiries\n \n \n \n \n \n \n Active Energy Group Plc\n \n \n \n \n Michael Rowan\n \n \n Chief Executive Officer\n \n \n Andrew Diamond\n \n \n Chief Financial Officer\n \n \n \n \n \n \n \n \n \n [email protected]\n \n \n \n \n \n \n SP Angel Corporate Finance LLP\n \n \n Nominated Adviser and Broker\n \n \n \n \n \n \n \n David Hignell / Caroline Rowe\n \n \n \n \n O...