C&C Group Plc Joins OTCQX
A Leading Beverage Manufacturer Becomes the First Irish Company to Join OTCQX
NEW YORK – March 17, 2010 – Pink OTC Markets Inc. (OTCQX: PINK), the financial information and technology services company that operates the leading electronic quotation and trading system in the U.S. OTC securities market, today announced that C&C Group Plc (OTCQX: CCGGY, IEX: GCC), a leading Irish manufacturer, marketer and distributor of branded beverages in Ireland and the UK, has chosen to list its American Depositary Receipts (ADRs) on OTCQX®.
C&C Group’s ADRs began trading today on the OTC market’s highest tier, OTCQX International Premier. Investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcqx.com and www.otcmarkets.com.
“We are pleased to welcome C&C as our first Irish company to join OTCQX,” said R. Cromwell Coulson, President and CEO of Pink OTC Markets. “OTCQX provides C&C with a transparent marketplace of quality companies providing financial information disclosure and efficient trading for their U.S. investors.”
Deutsche Bank, which acts as Depositary for C&C’s ADR program, will serve as C&C Group’s Principal American Liaison (“PAL”) on OTCQX, responsible for providing guidance on listing requirements.
About C&C Group Plc
(OTCQX: CCGGY, IEX: GCC) C&C Group’s ADRs will trade in the United States on OTCQX under the symbol “CCGGY”, where each ADR will represent 3 ordinary shares. C&C’s shares are also listed on the Irish Stock Exchange – Irish Enterprise Exchange - under the symbol GCC. C&C Group plc is a leading manufacturer, marketer and distributor of branded beverages in Ireland and UK. C&C manufactures the Irish cider brand, Bulmers, and the premium international cider brand, Magners, for export to UK, USA and Continental Europe. C&C owns the beer brand Tennants & exports spirits/liqueurs to 80 international markets.
The OTCQX Marketplace is the premier tier of the U.S. OTC market. Investor-focused companies use the quality controlled OTCQX listing platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. stock exchange. For more information and to view a full list of OTCQX-listed companies, visit www.otcqx.com.
About Pink OTC Markets Inc.
Pink OTC Markets Inc. (OTCQX: PINK) is a financial information and technology services company that operates the leading electronic quotation and trading system in the OTC securities market. The OTCQX and Pink Sheets marketplaces constitute, by dollar volume, the third largest U.S. liquidity pool for trading public company shares, after The NASDAQ Stock Market, Inc. and The New York Stock Exchange. Our technology platform provides a comprehensive suite of information products and trading services for OTC market participants. Our products and services promote market transparency, improve price discovery, facilitate regulatory compliance, and increase the quality of issuer disclosure, to the benefit of all OTC market participants. To learn more about how Pink OTC Markets’ products and services make OTC markets more transparent, informed, and efficient, please visit our websites at www.otcmarkets.com, www.pinkotc.com and www.otcqx.com or contact us at firstname.lastname@example.org.
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