Business
Commencement of trading on the OTCQX Best Market
Commencement of trading on the OTCQX Best Market.
About this update from Total Graphite Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 2580R\n Tirupati Graphite PLC\n 04 November 2021\n \n \n \n 4 November 2021\n Tirupati Graphite plc\n \n Commencement of trading on the OTCQX Best Market in the United States\n \n Tirupati Graphite plc (\"Tirupati' or the 'Company\") (LSE: TGR; OTCQX: TGRHF), the fully integrated, revenue generating, specialist graphite producer and graphene and advanced materials developer, is pleased to announce that trading in its ordinary shares of nominal value of £0.025 each (\"Ordinary Shares\") will begin today on the OTCQX® Best Market (\"OTCQX) in the United States (\"U.S.\"), under the ticker symbol \"TGRHF\".\n \n The Company believes that having its Ordinary Shares traded on the OTCQX Market will provide enhanced investor benefits, including greater market visibility, easier trading access for investors located in the U.S., and increased liquidity due to a broader geographic pool of potential investors.\n \n By trading on the premium OTCQX Market, Tirupati's shares will be available to U.S. investors during U.S. working hours and priced in U.S. dollars. Trading on the OTCQX will have no direct impact on the trading of Tirupati's existing Ordinary Shares on the London Stock Exchange and no new Ordinary Shares will be issued as part of the cross-trade.\n \n \n The OTCQX® Best Market is OTC Markets Group's premier market for established, investor-focused U.S. and international companies on which 11,000 U.S. and global securities trade. To be eligible, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws, be current in their disclosure, and have a professional third-party sponsor introduction. \n \n \n \n \n \n Shishir Poddar, Chairman & CEO of Tirupati Graphite\n \n \n said,\n \"We are thrilled to begin trading on the OTCQX® Best Market. This cross-trading facility provides a fantastic opportunity to introduce an investment in Tirupati to the North American investor community. As a fast growing, innovative and disruptive company focused on flake graphite, graphene, and new age materials, which are critical to fuel the global energy transition, Tirupati is attracting the attention of investors and corporates in the region.\n \n \n \n \n \n \n \"We are already receiv...