25th Jul 2018 12:42
LONDON (Alliance News) - Fintech software provider TechFinancials Inc said on Wednesday it has applied to trade on the NEX Exchange Growth Market in addition to AIM.
Listing is expected to take place on August 8, and a dual-listing on both the NEX and AIM is expected to increase the visibility of the company in the market and enhance liquidity for its shares.
"In conjunction with trading on AIM, we are very pleased to be joining NEX which marks a significant milestone in the company's growth. We believe that it will create an important opportunity for the company to access additional sources of finance as well as raising our profile to become a leader in the market in which we operate," said Chief Executive Officer Asaf Lahav.
"With a revised focus on blockchain trading technologies and solutions, the company is now well positioned to attract further capital investment as we seek to deliver on our new strategy. We look forward to updating our investors and the market on the progress made over the coming months," Lahav added.
Shares in TechFinancials were up 3.8% at 8.30 pence on Wednesday.
The company had a market capitalisation of GBP7.1 million with 85 million shares issued.
Related Shares:
TECH.L