Netcompany Group A/S begins trading on OTCQX

From 25 March 2024 Netcompany Group A/S will begin trading on the U.S. OTCQX market under the symbol “NTCYF”.

 

The cross-trading on OTCQX will make it possible for U.S. investors to trade Netcompany shares into domestic U.S. funds and trade during regular U.S. trading hours.

»We join the OTCQX Market with a clear ambition to generate wider interest and recognition with U.S. based investors. As of today, our U.S. investor base accounts for 10% of our shareholders, and with the cross-trading on OTCQX we expect to create further long-term value through a broader U.S. investor base and eventually higher volumes in our shares,« says Thomas Johansen, CFO of Netcompany.

Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws. Netcompany Group is the first Danish company with a market cap over $1 billion to join OTCQX.

 

About OTC Markets Group Inc.

OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.

Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

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