Last checked at 22 Feb 2021 07:00
22 February 2021
Guild Esports PLC
("Guild Esports" or "the Company")
Application filed for share trading on the OTCQB Venture Market in the United States
Guild Esports (LSE: GILD), a UK-based owner and developer of esports teams, 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 "GULDF", which would make Guild's shares more widely available to North American investors.
Trading on the US OTC market would have no impact on existing Guild ordinary shares trading on the Main Market of the London Stock Exchange and no new ordinary shares will be issued as part of the cross-trade. Guild 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.
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.
Carleton Curtis, Executive Chairman of Guild, said: "We would like to make Guild available to US markets in order to gain access to a broader investor base and enhance our visibility in North America, where many of our potential sponsors and fans are based. Dual trading on the OTC markets represents an important development for the Company."
For further information please contact:
Guild Esports |
|
Carleton Curtis Executive Chairman Kal Hourd Chief Executive Neil Thapar Investor Relations | via Tancredi +44 207 887 7633
+44 7876 455 323 |
Tennyson Securities |
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Corporate Broker Peter Krens
| +44 207 186 9030 |
Zeus Capital |
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Corporate Broker John Goold
Benjamin Robertson
| +44 203 829 5000 |
Tancredi Intelligent Communication Media Relations |
|
Salamander Davoudi salamander@tancredigroup.com Emma Valgimigli emma@tancredigroup.com Helen Humphrey helen@tancredigroup.com
|
+44 7957 549 906
+44 7727 180 873
+44 7449 226 720 |
About Guild Esports:
Guild Esports PLC is a global fan-focussed team organisation and lifestyle brand that fields professional players in gaming competitions under the Guild banner. Our in-house training academy aims to attract and nurture the best esports talent, and our goal is to provide the ultimate entertainment experience alongside a distinctive lifestyle brand authentic to the esports community worldwide. Guild is led by an experienced management team of esports veterans and is co-owned by David Beckham. The company is headquartered in the UK and its shares are listed on the main market of the London Stock Exchange under the ticker symbol GILD. Please visit www.guildesports.com.