Skip to content

Dispersion Holdings - Application to List on NEO Exchange


Announcement provided by

Supernova Digital Assets Plc · SOL

22/12/2021 07:00

Dispersion Holdings - Application to List on NEO Exchange
RNS Number : 4091W
Dispersion Holdings PLC
22 December 2021
 

Press Release

 

22 December 2021

 

Dispersion Holdings PLC

 

("Dispersion" or "the Company")

 

Application to List on NEO Exchange

 

Dispersion Holdings plc (AQSE: DEFI), an incubator specialising in decentralised finance ("DeFi"), is delighted to announce that it has submitted an initial application for the listing of its ordinary shares (the "Ordinary Shares") on the Neo Exchange Inc. ("NEO Exchange"), a Canadian stock exchange based in Toronto.

 

The Directors believe that by listing on the NEO Exchange, it will gain access to an increased number of both retail and institutional investors in North America.

 

Listing on the NEO Exchange is subject to the Company fulfilling all of NEO Exchange's listing requirements, including the minimum distribution requirements. There is no assurance or guarantee that the Company will be successful in obtaining listing approval from the NEO Exchange.

 

Dispersion will continue to be admitted to trading on the Access segment of the AQSE Growth Market. The dual listing on the NEO Exchange will not impact current investors' ability to trade the Ordinary Shares on AQSE. Dispersion will continue to comply with its obligations under the AQSE Growth Market Access Segment Rules.

 

On 16 August 2021 the Company announced that it had filed an application with OTC Markets Group for its shares to be cross-traded publicly on the OTCQB Venture Market.  This application remains in process.

 

Philip Blows, Chief Executive, commented: "We are greatly excited to apply for a dual listing on the NEO Exchange. Dispersion has global ambitions, and trading in both London and Canada will allow the company to be exposed to swathes of new investors and improve brand visibility. Our application follows the successful launch of our decentralised finance platform, and we look forward to welcoming Canadian investors to share in our business growth."

 

This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

 

The directors of Dispersion Holdings plc accept responsibility for this announcement.

 

For further information, please contact:

 

DISPERSION

 

Philip Blows

Chief Executive

Neil Thapar

Investor Relations

via Tancredi +44 207 887 7633

 

+44 7876 455 323

 

Tennyson Securities

 

Corporate Broker

Peter Krens

 

+44 207 186 9030

Novum Securities

 

AQSE Corporate Adviser

David Coffman / Lucy Bowden

Broker

Colin Rowbury / Jon Belliss

+44 207 399 9400

Tancredi Intelligent Communication

Media Relations

 

Edward Daly

Charlie Hobbs

dispersion@tancredigroup.com

+44 7861 430 057

+44 7897 557 112

 

 

About DISPERSION HOLDINGS PLC:

 

Dispersion is an incubator specialising in opportunities in decentralised finance (DeFi), a disruptive technology using blockchain and cryptocurrencies to remove financial intermediaries from transactions, creating a cheaper, more efficient and more secure way of providing financial services. Listed on the Aquis Exchange in London and the NEO Exchange in Toronto, we apply our expertise to the business operations and strategic plans of FinTech companies in the UK, USA and Canada, and act as an accelerator for start-ups and early-stage companies. www.dispersionholdings.com

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NEXBRBDDXUDDGBB ]]>

View more ...

SOL announcementsAll announcements

Company

  • About
  • News
  • Investor Relations
  • Contact
  • Careers

© Aquis Exchange 2024. All rights reserved.

Terms & ConditionsPrivacy PolicyModern Slavery & Human Trafficking Policy
System statusnormal