7th May 2015 15:02
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.
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