Business
Additional Listing
Additional Listing.
About this update from Narf Industries Plc
[{"type":"text","content":"\n \n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \n \n \n \n \n \n \n \n \n 15 September 2022\n \n \n \n \n \n \n \n \n \n Narf Industries plc\n \n \n \n \n \n \n \n \n \n ADMISSION TO OTCQB IN THE US\n \n \n \n \n \n \n \n \n \n Narf Industries plc (\"Narf\", the \"Company\", or the \"Group\"), (LSE: 'NARF') the cybersecurity group specialising in high-end threat intelligence and critical infrastructure security is pleased to announce it has received approval from the OTC Market Group for the Company's ordinary share capital to cross-trade on the OTC Market's OTCQB (\"OTCQB\") trading platform in the United States of America (the \"US\"). Trading will commence when the market opens later today under the ticker symbol \"NFINF\".\n \n \n \n \n \n \n US Cross Trading\n \n \n \n Narf's operations are US focussed, with a growing interest from the US investment community. This growing interest will be serviced with the US cross-trading, which forms part of the Group's long-term strategy to an eventual Dual Listing. We expect US interest in our story to become particularly strong given our partners, team and product pipeline.\n \n \n Once Trading commences later on today, the OTCQB platform will make Narf's shares more widely available to North American Investors, whilst having no impact on Narf's ordinary shares trading on the Main Market of the London Stock Exchange (\"LSE\"). No new ordinary shares will be issued as part of the commencement of cross-trading. Narf will continue to rely on the announcements and disclosures it makes to the LSE and will have no Sarbanes-Oxley or SEC reporting requirements.\n \n \n The cross-trading facility will be provided through OTC Markets Group Inc., located in New York. 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-listed companies. Independent studies show that trading on the OTC by an international company offers a po...