Wednesday,
Datatec, the international Information and Communications Technology (ICT) company, announced today that it has been admitted to the OTCQX trading platform in the USA. By harnessing the largest pool of capital across the full spectrum of U.S. investors, Datatec aims to broaden international investor access and to grow and diversify its shareholder base.
The OTCQX Market is a platform that enables companies listed on qualified international exchanges to offer transparent trading for U.S. investors during U.S. trading hours, using share prices quoted in U.S. dollars. A simplified regulatory framework allows international companies to use their home market reporting and disclosure practices to make their information accessible in the U.S. Approximately 12,000 U.S. and international securities from over 50 recognised global exchanges trade on the OTC Markets Group platform. To qualify for the OTCQX, companies must adhere to high financial and reporting standards, follow best practices in corporate governance, and comply with relevant securities laws.
Datatec shares begin trading today on OTCQX under the symbol "DTTLF". U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
Datatec management commented: "We are delighted to begin trading on the OTC Market's premier tier, OTCQX. This additional trading venue will allow U.S. investors access to Datatec shares quoted in U.S. dollars and provides a platform to disseminate Datatec's corporate disclosure to U.S. investors with transparency. The company remains committed to maintaining the best possible disclosure for its shareholders".
About Datatec Ltd
Datatec is a global digital channels group providing Cybersecurity, Networking and Hybrid Cloud infrastructure solutions and services in more than 50 countries across North America, Latin America, Europe, Africa, Middle East and Asia-Pacific. Through its core divisions, the group offers Value-added Technology Distribution (Westcon International) and Integration and
Managed Services (Logicalis International and Logicalis Latin America). Datatec has been listed on the JSE Limited for the past 30 years. For more information, visit: https://www.datatec.com
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.
Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.
OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATSTM are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC. For more information, visit www.otcmarkets.com.
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