|By PR Newswire||
|August 25, 2014 05:00 PM EDT||
NEW YORK, Aug. 25, 2014 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that Land Securities Group Plc (LSE: LAND; OTCQX: LSGOY), the U.K.'s largest real estate investment trust (REIT), has qualified to have its American Depositary Receipts (ADRs) trade on OTCQX®, the best marketplace.
Land Securities began trading today on OTCQX under the symbol "LSGOY," where each ADR represents one ordinary share. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are pleased to welcome Land Securities, the U.K.'s largest commercial property company and an FTSE 100 member, to the OTCQX marketplace," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "Trading on OTCQX will help Land Securities increase its visibility with U.S. investors by providing them transparent trading and convenient access to its news and financial information."
Citi serves as Land Securities Group's Principal American Liaison ("PAL") on OTCQX, responsible for providing professional guidance on OTCQX requirements.
Land Securities Group is the largest REIT in the U.K. It owns, manages and develops offices, shopping centers and retail parks in the U.K.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities. Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into marketplaces to better inform investors of opportunities and risks – OTCQX®, The Best Marketplace; OTCQB®, The Venture Marketplace; and OTC Pink®, The Open Marketplace. Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create better informed and more efficient financial marketplaces, visit www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
SOURCE OTC Markets Group