Guild Esports PLC Trading Commences on US OTCQB Venture Market (8141V)
16 Diciembre 2021 - 01:00AM
UK Regulatory
TIDMGILD
RNS Number : 8141V
Guild Esports PLC
16 December 2021
Press Release
16 December 2021
Guild Esports PLC
("Guild Esports" or "the Company")
Trading Commences on the OTCQB Venture Market in the United
States
Guild Esports (LSE: GILD), a global team organisation and
lifestyle brand, is pleased to announce that following approval
from the OTC Market Group Inc. trading in the Company's shares
commenced on the OTCQB Venture Market under the ticker symbol
"GULDF". The Company's shares will continue to trade on the London
Stock Exchange.
The OTCQB offers transparent trading in entrepreneurial and
development stage companies that have met a minimum bid price test,
are current in their financial reporting and have undergone an
annual verification and management certification process.
Trading on the US OTC market has no impact on existing Guild
Esports' 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 Esports will continue to make announcements
through a Regulatory Information Service in the UK and will have no
Sarbanes-Oxley or SEC reporting requirements.
Kal Hourd, Chief Executive of Guild, said: "Guild is thrilled to
begin trading on the OTCQB Venture Market. The cross-trading of the
ordinary shares from London will provide the Company with increased
access to US institutional and retail investors and a broader
shareholder base. US investors will now have the opportunity to
share in the Company's growth as the esports market gains momentum.
"
US investors can find real-time quotes and market information
for Guild at www.otcmarkets.com and access current company news and
developments.
David Beckham, co-owner of Guild, said: "It has been great to
see Guild start to make its mark with top rankings across all teams
and some great commercial partners like Subway and Samsung. It will
be exciting to see this next stage in Guild's development."
Jonathan Dickson, VP of International Corporate Services at OTC
Markets, said: "We are delighted to welcome Guild Esports plc to
the OTCQB Market. The OTC Market supports international companies
seeking to strengthen visibility and transparency in the US public
market. Trading on the London Stock Exchange and on the OTCQB
Market will enable Guild to efficiently build global investor
awareness and provide US investors with a seamless trading
facility, enabling them to more easily trade through the broker of
their choice."
For further information please contact:
Guild Esports
Kal Hourd via Tancredi +44 207 887 7633
Chief Executive
Neil Thapar
Investor Relations +44 7876 455 323
------------------------------
Tennyson Securities
------------------------------
Corporate Broker
Peter Krens +44 207 186 9030
------------------------------
Zeus Capital
------------------------------
Corporate Broker
Benjamin Robertson +44 203 829 5000
------------------------------
Tancredi Intelligent Communication
Media Relations
------------------------------
Salamander Davoudi
salamander@tancredigroup.com +44 7957 549 906
Emma Valgimigli
emma@tancredigroup.com +44 7727 180 873
Helen Humphrey
helen@tancredigroup.com +44 7449 226 720
------------------------------
About Guild Esports:
Guild Esports PLC is a global fan-focused 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 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 (ticker: GILD). Please visit
www.guildesports.com for more information.
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END
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December 16, 2021 02:00 ET (07:00 GMT)
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