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Application filed for ADR Programme

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RNS Number : 5302M
Globo plc
07 May 2015
 



FOR IMMEDIATE RELEASE                                                                                         7th May 2015

 

 

GLOBO plc

("Globo" or the "Group")

 

Application Filed for Fully Sponsored American Depository Receipt Programme

Globo plc (LSE-AIM: GBO), the international provider of Enterprise Mobility Management (EMM), mobile solutions and software as a service (SaaS), announces that on 6 May 2015 it filed with the US Securities and Exchange Commission to issue a Level 1 American Depository Receipt ('ADR'), which will be traded on OTCQX International.  Globo has taken the step of issuing an ADR in response to growing interest from US investors.  

 

The OTCQX quotation will be complementary to the Company's London Stock Exchange AIM quotation, which will continue to serve as the principal trading platform for the Company's shares.  The ADR programme is sponsored by The Bank of New York Mellon and will be created using the existing issued share capital of the Company.  The company will announce further details of the programme and effective start date of trading in the ADR in due course.  Details of the Company's ADR filing may be found at: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001640720&owner=include&count=40

 

 

ENDS

 

CONTACTS

Globo plc                                                                               +44 20-7378-8828

Costis Papadimitrakopoulos, CEO                           

Dimitris Gryparis, Finance Director

Mike Jeremy, IRO

 

RBC Capital Markets                                                           +44 20-7653-4000

(Nominated Adviser & Broker)

Pierre Schreuder or Ema Jakasovic                                                 

 

Canaccord Genuity                                                              +44 20-7523-8000

(Joint Broker)

Simon Bridges or Emma Gabriel

 

Brunswick Group                                                                 +44 20-7404-5959

Chris Blundell or Charles Pemberton

 

 

About Globo plc

Globo Plc is a global provider of complete enterprise mobility solutions and SaaS. Our GO!Enterprise (EMM) and GO!AppZone (MADP) offerings help businesses expand their engagement with employees and customers through the mobile channel via a secure and extensible environment that runs on all smart devices. The Group operates internationally through subsidiaries and offices in U.S., U.K., Europe, Middle East and South East Asia. Globo was included in the 2014 Gartner Enterprise Mobility Management Magic Quadrant report, in Ovum's 2014-15 Decision Matrix for EMM Solutions and in IDC's January 2015 report on Mobile Enterprise Application Development Platforms.

 

For more information visit www.globoplc.com.

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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