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The Markets
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Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
by Proactive
Proactive UK has moved.
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The Markets
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Proactive UK has moved.
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Software & services

Team Internet says trading on OTC opens new chapter in US

Team Internet Group PLC (AIM:TIG, OTCQX:TIGXF) hailed the start of trading in its shares on the OTCQX Best Market, the premier tier of OTC Markets' 12,000-plus global securities.

Trading on OTCQX, which will be under the symbol 'TIGXF', will "significantly enhance" its visibility and accessibility in the world's largest capital market, the company said.

It said the US has traditionally been its most significant market, with its industry "generally well understood" by US investors.

Recent months have seen several meetings with US investors, it added.

Team Internet shares are now available to US investors during US trading hours and priced in US dollars, simplifying the process of investing in the company for US investors.

Team Internet's ordinary shares will continue to trade on AIM under the symbol "TIG".

CEO Michael Riedl said: "As we mark the beginning of our trading on OTCQX, we are not just opening a new chapter for Team Internet.

"We reinforce our commitment to enhancing shareholder value and expanding our footprint in the United States, a market that represents nearly 50% of our revenue.

"This move reflects our robust performance and the investor confidence we have been fortunate to build, especially within the US, over the past year."

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