Business
Tesco Becomes Latest European Large Cap to Trade on OTC Markets in New York
NEW YORK, Jan. 05, 2026 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, announced that Tesco PLC (LSE: TSCO; OTCQX: TSCDY, TSCDF) has qualified to trade on its OTCQX® Best Market, giving US investors fully transparent access to one of the UK’s largest grocery retailers. Tesco’s debut reflects a broader shift among Europe’s most established companies towards OTCQX as the preferred way to deepen engagemen
About this update from Tesco Plc
[{"type":"image","alt":"OTC Markets","displaySize":"","headline":null,"caption":"OTC Markets","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":199,"url":"https://media.zenfs.com/en/globenewswire.com/2b63dd7f39e7bde0df88983a39f73e13"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/U5gFn0GpJhyKzqPZH2WS6w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTI3OTtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/2b63dd7f39e7bde0df88983a39f73e13","width":300,"height":199}},"lazy":false},{"type":"text","content":"NEW YORK, Jan. 05, 2026 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, announced that Tesco PLC (LSE: TSCO; OTCQX: TSCDY, TSCDF) has qualified to trade on its OTCQX® Best Market, giving US investors fully transparent access to one of the UK’s largest grocery retailers.","length":369,"tagName":"p"},{"type":"text","content":"Tesco’s debut reflects a broader shift among Europe’s most established companies towards OTCQX as the preferred way to deepen engagement with U.S. investors. In 2025 alone, leading issuers, including London Stock Exchange Group, Aviva, Compass, Reckitt Benckiser Group, Bayer AG and OMV AG, have all chosen to be traded on the OTCQX Best Market.","length":345,"tagName":"p"},{"type":"text","content":"“As globally recognized issuers look to expand their U.S. investor base, OTCQX offers an accessible, regulated venue that complements -rather than competes with- their home exchange,” said Jason Paltrowitz, EVP of Corporate Services at OTC Markets Group. “Our List Local, Trade Global model allows companies to access US capital efficiently, while remaining anchored in their domestic markets.”","length":394,"tagName":"p"},{"type":"text","content":"This is increasingly viewed as a solution to the structural challenges facing European capital markets, including persistent valuation discounts, shrinking domestic liquidity, and a growing narrative that companies must abandon local exchanges to attract US investors.","length":268,"tagName":"p"},{"type":"text","content":"By leveraging OTC Market’s cross border trading framework, international companies do not need to choose between local relevance and global capital. OTCQX provides a direct, cost-efficient path to the breadth and depth of US markets -expanding investor rea...