Animoca Brands Corporation Limited has executed a mandate with PrimaryMarkets Pty Limited to establish an online private trading hub for the sale and purchase of Animoca shares.
The company is working to make the trading hub available in Q2 2020.
Background
Following the departure of Animoca from ASX’s official list on March 9 2020, the company has been working to provide its shareholders with solutions whereby Animoca shares can be traded while the company continues its efforts to pursue other listing opportunities.
PrimaryMarkets offers secondary share trading facilities for security holders of unlisted companies, providing a venue to seek liquidity via its online platform as well as specifically created hubs for private trading.
Trusted platform
Existing shareholders of Animoca will be able to utilise PrimaryMarkets as a trusted platform to reach professional, sophisticated/wholesale and institutional buyers.
Persons who would like to buy or sell the company’s shares will be able to visit the trading hub to register their details with PrimaryMarkets.
Following confirmation of registrant details, shareholders will be able to submit offers to the platform for matching.