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Ora Technology PLC - Commencement of Trading on US OTCQB Venture Market


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Ora Technology Plc · ORA

05/02/2024 16:00

Ora Technology PLC - Commencement of Trading on US OTCQB Venture Market
RNS Number : 0739C
Ora Technology PLC
05 February 2024
 

05 February 2024

Ora Technology PLC
("Ora" or the "Company")

Commencement of Trading on US OTCQB Venture Market

Ora Technology PLC (AQSE: ORA), a leading innovator in retail carbon trading, is pleased to announce that trading in the Company's Ordinary Shares has commenced today, at 2:30 p.m. (GMT) on the OTCQB Venture Market ("OTC") in the United States. The Company's shares will trade on the OTC Market under the ticker ORCBF.

Ora's OTCQB information can be found on the OTC Markets website: https://www.otcmarkets.com/stock/ORCBF/overview

There is no associated capital raise with this cross trade and Ora's Ordinary Shares will continue to trade on its primary listing, the Access segment of the Aquis Stock Exchange under the ticker ORA.

Cross trading on the OTCQB market allows the Company to access one of the world's largest investment markets to expand its reach into a broader pool of investors. Ora's shares will be available to US investors during US working hours and priced in US dollars and thus has the potential to enable greater liquidity in the Company's shares on the Aquis Stock Exchange by easing cross-border trading for potential US investors. Further information about the OTCQB market can be found at: https://www.otcmarkets.com/learn/market-101

This announcement contains information which, prior to its disclosure, constituted inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended).

 

For further information, visit: https://plc.oracarbon.com/.  

 

The Directors of Ora accept responsibility for this announcement. 

 

For further information please contact: 

Ora Carbon plc  

  

Mike Edwards  

Via First Sentinel  

  

First Sentinel (Corporate Adviser)  

  

Brian Stockbridge  

   

brian@first-sentinel.com   

  

+44 (0) 20 3855 5551 

Clear Capital Markets (Broker)  

  

Bob Roberts  

+44 (0) 20 3869 6080   

 

About Ora Technology  

  

Ora Technology PLC is a software company that is developing a digital carbon trading platform that intends to offer users the ability to buy, sell and retire carbon credits in the voluntary carbon market, an instrument used by both the public and private sectors to work towards carbon neutral and net-zero climate goals. Ora's 'Ora Carbon' platform aims to allow access to carbon assets - and the broader carbon economy - with the goal of reducing the complexity of current industry practices and an emphasis towards providing a simple and intuitive user experience.  

 

 

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