Capital Ltd - African markets-focused mining services provider - Begins trading its shares with OTC Markets Group Inc, an operator of regulated markets for trading 12,000 US and international securities. Says upgrading to the OTCQX Market provides transparent trading for US investors. Says: "Streamlined market standards enables Capital to utilise our [London Stock Exchange] main market listing to make information available in the US. Qualification to trade on the OTCQX reflects Capital's high financial standards, best practice corporate governance and demonstrated compliance with applicable securities laws."
Chief Executive Officer Peter Stokes adds: "We hope this will give a greater number of investors the opportunity to invest in Capital and participate as we continue to grow."
Current stock price: 96.40 pence, down 1.6%
12-month change: down 8.2%
By Greg Rosenvinge, Alliance News reporter
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Capital (CAPD)