Application to trade on the OTCQB Venture Market

RNS Number : 8090P

Guild Esports PLC

22 February 2021

 

22  February 2021

Guild Esports PLC

("Guild Esports" or "the Company") 

Application filed for share trading on the OTCQB Venture Market in the United States

Guild Esports (LSE: GILD), a UK-based owner and developer of esports teams, is pleased to announce that it has  filed an application with OTC Markets Group for the Company's shares to be cross-traded publicly on the OTCQB Venture Market ("OTCQB"), under the ticker "GULDF", which would make Guild's shares more widely available to North American investors. 

Trading on the US OTC market would have no impact on existing Guild ordinary shares trading on the Main Market of the London Stock Exchange and no new ordinary shares will be issued as part of the cross-trade. Guild will continue to rely on the announcements and disclosures it makes to the London Stock Exchange and will have no Sarbanes-Oxley or SEC reporting requirements.

Should the application be successful, the cross-trading facility will be provided through OTC Markets Group Inc., located in New York, USA. OTC Markets operates the world's largest electronic interdealer quotation system for US broker dealers and offers multiple media channels to increase the visibility of OTC-traded companies.

Carleton Curtis, Executive Chairman of Guild, said: "We would like to make Guild available to US markets in order to gain access to a broader investor base and enhance our visibility in North America, where many of our potential sponsors and fans are based. Dual trading on the OTC markets represents an important development for the Company."

For further information please contact:

Guild Esports
Carleton Curtis Executive Chairman Kal Hourd Chief Executive Neil Thapar Investor Relations	via Tancredi [phone] [phone]
Tennyson Securities
Corporate Broker Peter Krens	[phone]
Zeus Capital
Corporate Broker John Goold Benjamin Robertson	[phone]
Tancredi Intelligent Communication Media Relations
Salamander Davoudi [e-mail] Emma Valgimigli [e-mail] Helen Humphrey [e-mail]	[phone] [phone] [phone]

About Guild Esports:

Guild Esports PLC is a global fan-focussed team organisation and lifestyle brand that fields professional players in gaming competitions under the Guild banner. Our in-house training academy aims to attract and nurture the best esports talent, and our goal is to provide the ultimate entertainment experience alongside a distinctive lifestyle brand authentic to the esports community worldwide. Guild is led by an experienced management team of esports veterans and is co-owned by David Beckham. The company is headquartered in the UK and its shares are listed on the main market of the London Stock Exchange under the ticker symbol GILD. Please visit www.guildesports.com.

 

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