Tirupati Graphite PLC (LSE:TGR) shares will debut today on the OTCQX Best Market in the United States, under the ticker ‘TGRHF’.
The producer and advanced materials developer said it believes the new listing will improve market visibility, make trading easier for investors in the US and boost the liquidity of its shares.
"We are thrilled to begin trading on the OTCQX® Best Market. This cross-trading facility provides a fantastic opportunity to introduce an investment in Tirupati to the North American investor community,” said chief executive Shishir Poddar.
“As a fast growing, innovative and disruptive company focused on flake graphite, graphene, and new age materials, which are critical to fuel the global energy transition, Tirupati is attracting the attention of investors and corporates in the region.”
Poddar added: “We are already receiving enquiries and seeing a lot of interest for our graphite and graphene products from high profile North American customers.
“The OTCQX Best Market's cross-trading facility makes it easier for US investors to trade in our ordinary shares and enables the company to make information available on our developments and provide greater visibility of our endeavours to US investors and corporates, which opens the possibilities of increasing cooperation's and sales channels into the strategically important North American region."
Jonathan Dickson, OTC vice president of international corporate services, added: “With its primary listing remaining on the LSE, the OTCQX Market's cross-trading facility will allow Tirupati to broaden its horizons and provide investors in the United States with the ability to access the Company's Ordinary Shares in U.S. dollars and during US market hours."