American Depository Receipts
June 06 2001 - 9:43AM
UK Regulatory
RNS Number:7991E
10 Group PLC
6 June 2001
10 Group plc (10 Group) is pleased to announce that it has signed an agreement
with Friedland Capital to have 10 Group's shares listed as a Level 1 American
Depository Receipt (ADR). These ADRs will be issued by the Bank of New York
which is the authorised depository.
They will traded in the USA markets and it is envisaged that after a period of
several months they will be moved to Level 2 ADR and be listed on NASDAQ.
Andy Moore said: "I am delighted with our new relationships with both The Bank
of New York and Friedland Capital, and with the ADR strategy for 10 Group.
"As 10 Group proceeds with its new and exciting business direction, the
creation of ADRs will prove to be most beneficial in opening up the huge US
investor markets for 10 Group. It is anticipated that further announcements
will be forthcoming as further developments take place within the restructured
10 Group plc."
Inquiries
Andy Moore - Chairman,
10 Group plc,
10 Clement Street,
Birmingham B1 2SL
Tel: 0121 233 1122
See also www.10group.co.uk
OR
Andy Skinner,
Marketing Management
Tel: 01789 488888
Mobile: 07990 978257
Tirupati Graphite (LSE:TGR)
Historical Stock Chart
From Jun 2024 to Jul 2024
Tirupati Graphite (LSE:TGR)
Historical Stock Chart
From Jul 2023 to Jul 2024