2022-04-19 | OTCQX:OTCM | Press release | OTC Markets Group Inc
VALLETTA, MALTA/ACCESSWIRE/April 19, 2022/ Media and Games Invest SE (“MGI” or the “Company”, ISIN: MT0000580101; ticker M8G; Nasdaq First North Premier Growth Market and Scale Segment Frankfurt Stock Exchange) was welcomed today by OTC Markets Group to trade on OTCQX in the United States – a milestone for Media and Games Invest in the US capital markets improving access for US investors to MGI shares.
Media and Games Invest qualified today to trade on the OTCQX Best Market under the symbol “MDGIF”. OTC Markets Group is a regulated markets operator for the trading of 12,000 US and international securities offering international companies the opportunity to make their stocks more easily accessible to US investors. US investors can now find current financial information and real-time Level 2 quotes for MGI at www.otcmarkets.com. Trading on OTCQX marks an important milestone for MGI by providing more transparent trading and tapping into demand from US investors.
Since MGI is already listed on two qualified international stock exchanges (Nasdaq First North Premier Growth Market Stockholm and Scale Segment of Frankfurt Stock Exchange), the simplified market standards allow MGI to use national market reports to report on company available in the United States via OTCQX. To qualify for trading, MGI must meet high financial standards, follow best practices in corporate governance and demonstrate compliance with applicable safety laws.
Stocks traded on the OTCQX Best Market come from the Nasdaq FN Premier Stockholm or the Frankfurt Stock Exchange (Scale Segment), which should have a positive effect on the overall trading of MGI shares.
Information and explanations from the issuer to this news:
“We are seeing growing interest in MGI from US investors and are delighted to now be trading on OTCQX, providing easier access to MGI stock for US investors. US investors can now trade the stock MGI in US dollars and during US business hours by trading our shares on a fully regulated US market., says Paul Echt, CFO of Media and Games Invest.
About OTC Markets Group Inc.
OTC Markets Group Inc.(OTCQX:OTCM) operates regulated markets for the trading of 12,000 US and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX(R) Best Market, OTCQB(R) Venture Market and Pink(R) Open Market. Our OTC Link(R) alternative trading systems (ATS) provide essential market infrastructure that brokers rely on to facilitate trading. Our innovative model provides businesses with more efficient access to US capital markets. OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, Member SIPC.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.
OTC Markets Group Inc., +1 (212) 896-4428, firstname.lastname@example.org
This information is the information that Media and Games Invest SE is required to make public in accordance with the Market Abuse Regulation (EU) 596/2014. The information contained in this release has been made public through the responsible persons listed below for release at the time indicated by MGI’s news distributor, EQS Newswire, at the time of publication of this release. The responsible persons below can be contacted for further information.
For more information, please contact:
Head of Investor Relations
+49 170 376 9571
Jenny Rosberg, ROPA, contact IR Stockholm
Axel Mühlhaus / Dr. Sönke Knop, edicto GmbH, contact IR Frankfurt
+49 69 9055 05 51
About Invest SE Media and Games
Media and Games Invest SE (“MGI”) is an adware platform with solid first-party gaming content. MGI’s main operational presence is in Europe and North America. The company combines organic growth with synergistic value-creating acquisitions, which has demonstrated continued strong profitable growth with a CAGR of 77% (2018-2021). In addition to strong organic growth, the MGI Group has successfully acquired over 35 companies and assets over the past 6 years. Acquired assets and businesses have been integrated and, among other things, cloud technology is being actively used to achieve efficiencies and competitive advantages. MGI is registered as Societas Europaea in Malta (registration number SE 15) and its shares are listed on the Nasdaq First North Premier Growth Market in Stockholm and on the Scale segment of the Frankfurt Stock Exchange. The Company holds a covered bond which is listed on Nasdaq Stockholm and on the open market of the Frankfurt Stock Exchange.
The Company’s certified advisor on the Nasdaq First North Premier Growth Market is FNCA Sweden AB; email@example.com, +46-8-528 00 399.
THE SOURCE: Media and Games Invest SE
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