British Sky Broadcasting Group Plc Joins OTCQX
By Pink Otc Markets Inc., PRNEWednesday, May 19, 2010
NEW YORK, May 20, 2010 - Pink OTC Markets Inc. (OTCQX: PINK), the financial information and
technology services company that operates the leading electronic quotation
and trading system in the U.S. OTC securities market, today announced that
British Sky Broadcasting Group Plc (OTCQX: BSYBY, LSE: BSY), the UK's leading
home entertainment and communications provider, has chosen to list its
American Depositary Receipts (ADRs) on OTCQX(R).
(Logo: www.newscom.com/cgi-bin/prnh/20090708/NY43125LOGO)
British Sky Broadcasting began trading today on the OTC market's highest
tier, OTCQX International Premier. Investors can find current financial
disclosure and Real-Time Level 2 quotes for the company on
www.otcqx.com and www.otcmarkets.com.
"British Sky Broadcasting has chosen to remain investor focused as they
transition to trade on OTCQX, which allows them to continue to provide
superior information and transparent trading on a quality-controlled listing
platform," said R. Cromwell Coulson, President and CEO of Pink OTC Markets.
"We are pleased to welcome BSkyB to OTCQX."
The Bank of New York Mellon, which acts as Depositary for British Sky's
ADR program, will serve as BSkyB's Principal American Liaison ("PAL") on
OTCQX, responsible for providing guidance on listing requirements.
About British Sky Broadcasting Group Plc
British Sky Broadcasting Group Plc is the UK's leading home entertainment
and communications provider. At March 31, 2010, there were 9.77 million DTH
subscribers to Sky's television services, and 1.9 million subscribers to all
three of its television, broadband and telephony services.
About OTCQX
The OTCQX Marketplace is the premier tier of the U.S. OTC market.
Investor-focused companies use the quality controlled OTCQX listing platform
to offer investors transparent trading, superior information, and easy access
through their regulated U.S. broker-dealers. The innovative OTCQX platform
offers companies and their shareholders a level of marketplace services
formerly available only on a U.S. stock exchange. For more information and to
view a full list of OTCQX-listed companies, visit www.otcqx.com.
About Pink OTC Markets Inc.
Pink OTC Markets Inc. (OTCQX: PINK) operates the leading electronic
interdealer quotation and trading system and facilitates trading in over
9,000 securities not listed on a U.S. stock exchange. Pink OTC Markets
segments these securities into three tiers: the quality-controlled OTCQX
marketplace, the U.S. registered and reporting OTCQB marketplace, and the
speculative trading Pink Sheets marketplace. These three tiers constitute the
third largest U.S. liquidity pool for trading public company shares, after
The NASDAQ Stock Market, Inc. and The New York Stock Exchange. Our products
and services promote market transparency, improve price discovery, facilitate
regulatory compliance, and increase the quality of issuer disclosure, to the
benefit of all OTC market participants. To learn more about how Pink OTC
Markets' products and services make OTC markets more transparent, informed,
and efficient, please visit our websites at www.otcmarkets.com,
www.pinkotc.com and www.otcqx.com or contact us at
info@pinkotc.com.
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Cathy Loos, CCG Investor Relations, +1-646-833-3458, Catherine.loos at ccgir.com
Tags: May 20, New York, Pink Otc Markets Inc., United Kingdom