Last checked at 20 Apr 2023 12:00
20 April 2023
THE PEBBLE GROUP PLC
(the "Company")
Admission to Trading on OTCQX in the US
The Pebble Group plc (AIM: PEBB, OTCQX: PEBBF), a leading provider of technology, services and products to the global promotional products industry, is pleased to announce that its Ordinary Shares have been approved to trade on the OTCQX Best Market ("OTCQX") in the United States of America ("US") and will commence trading on that platform at the market open today, under the symbol "PEBBF".
This will not affect trading of the Company's Ordinary Shares on AIM, which will continue under the symbol "PEBB" and no new Ordinary Shares have been issued through this process. The Company will continue to make all announcements and disclosures to the London Stock Exchange through the Regulatory News Service and has no Sarbanes-Oxley or US Securities and Exchange Commission ("SEC") reporting requirements.
Trading on the OTCQX offers enhanced investor benefits in the form of easier trading access for employees and other investors located in the US, and potentially greater liquidity due to a broader geographic pool of potential investors. Through trading on the OTCQX, the Company will be able to engage with a network of US investors, ensuring that they have the same level of information and disclosure available to investors in the United Kingdom, but through US-facing platforms and portals. In addition, the OTCQX trading facility will provide US based investors with the ability to access the Company's Ordinary Shares in US dollars during US market hours.
About OTCQX
The OTCQX is recognised as an Established Public Market by the SEC and is considered the premier tier of the OTC Markets Group.
To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with applicable US securities laws, and have a professional third-party sponsor introduction.
US investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.
Enquiries:
The Pebble Group plc Chris Lee, Chief Executive Officer Claire Thomson, Chief Financial Officer
| +44 (0) 7385 024855
|
Grant Thornton UK LLP (Nominated Adviser) Samantha Harrison / Harrison Clarke / Ciara Donnelly
| +44 (0) 20 7383 5100
|
Berenberg (Corporate Broker) Ben Wright / Marie Moy / Arnav Kapoor
| +44 (0) 20 3207 7800
|
Belvedere Communications (Financial PR) Cat Valentine Keeley Clarke
| thepebblegrouppr@belvederepr.com +44 (0) 7715 769 078 +44 (0) 7967 816 525
|
About The Pebble Group plc - www.thepebblegroup.com
The Pebble Group is a provider of digital commerce, products and related services to the global promotional products industry, comprising two differentiated businesses, Facilisgroup and Brand Addition, focused on specific areas of the promotional products market. For further information, please visit www.thepebblegroup.com.