Global Auto-Trade Group PLC
Global Auto-Trade Group Plc – Admission to Trading on the Main Quote of GXG Markets
Global Auto-Trade Group PLC / Key word(s): Regulatory Admission Global Auto-Trade Group Plc – Admission to Trading on the Main Quote of GXG Markets “GATG” or “the Company” GATG PLC shares have been admitted to the GXG Market’s Main Quote trading segment on March 11, 2014. Expected first trading date is March 17, 2014. The Company will be admitted to the Market with an opening price of 0.25 EUR, giving it a market capitalization of 11,600,000.00 EUR. Constantin Chebashed, Chairman, commented: “Going public would help the GATG to further strengthen the competitive advantage and position in the emerging market of Moldova and we believe, will enable GATG to have access to the international capital markets, providing many new pathways for business growth with the priority on strengthening of the Company’s liquidity and financial soundness and the expansion of its range of products and service to meet growing market demand.” ABOUT GATG Incorporated in 2011, Global Auto-Trade Group PLC is a holding company comprising Moldava-based Auto-Prezent S.r.l., a majority owner of Megatest S.r.l. and its retail network of nine stores across Moldova. Subsidiaries of the holding company include one of the automotive market leaders in Moldova, which focuses on promotion of known brands of specialised vehicles and associated support services. GATG’s headquarters and flagship trade and service centre “Mega” is located in the capital of Chisinau with eight showrooms, engine overhaul workshop, MOT and service centres. For more information Global Auto-Trade Group Investment Explainer FURTHER ENQUIRIES: Global Auto-trade Group PLC The Directors of the Company accept responsibility for this announcement.
End of Corporate News 17.03.2014 Dissemination of a Corporate News, transmitted by EquityStory.RS, LLC – a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. EquityStory.RS, LLC’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
Language: | English | |
Company: | Global Auto-Trade Group PLC | |
1 Sokoleni St | ||
MD-2020 Chisinau | ||
Moldova | ||
Phone: | +380 44 22 99 338 | |
E-mail: | ir@globalautotg.com | |
Internet: | www.globalautotg.com | |
Listed: | Foreign Exchange(s) GXG | |
End of News | EquityStory.RS, LLC News-Service |
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