Exhibit 99.01
Freedom Holding Corp. Announces Uplisting to The Nasdaq Capital
Market
ALMATY, KAZAKHSTAN / ACCESSWIRE / October 1, 2019
/ Freedom Holding Corp. (OTCQX: FRHC) (the
“Company”), a financial services company with
operations in Eastern Europe and Central Asia, today announced that
its common stock has been approved for listing on The Nasdaq
Capital Market. Trading on the exchange is expected to commence at
the opening of trading on October 15, 2019 under the symbol
“FRHC.”
Since
July 2018, the Company’s common stock has been listed on the
OTCQX Best Market, which is operated by the OTC (Over-the-Counter)
Markets Group. The Company was named to the OTCQX Best 50 list in
January 2019.
"We are
pleased to announce our Nasdaq exchange listing. I believe we are
the first Kazakhstan-headquartered financial services firm to be
listed on the exchange. This is an important accomplishment for our
company as we continue executing our business plan. We expect this
listing will facilitate our efforts to communicate our vision to a
broader audience and further develop strategic synergies we see
between investors and investment opportunities in our region and
those in the U.S. and other international financial markets,”
stated the Company’s Chairman and Chief Executive Officer,
Timur Turlov.
About
Freedom Holding Corp.
Freedom
Holding Corp. is a financial services holding company conducting
retail financial brokerage, investment counseling, securities
trading, investment banking and underwriting services through its
operating subsidiaries under the name of Freedom Finance in Eastern
Europe and Central Asia. The Company is a professional participant
of the Kazakhstan Stock Exchange (KASE), Astana International
Exchange (AIX), Moscow Exchange (MOEX), the Saint-Petersburg
Exchange (SPB) the Republican Stock Exchange of Tashkent (UZSE) and
the Ukrainian Exchange. The Company is headquartered in Almaty,
Kazakhstan, with additional executive office locations in Russia
and the United States. The Company serves more than 100,000 client
accounts across more than 70 branch offices in Kazakhstan, Russia,
Kyrgyzstan, Ukraine, Uzbekistan, Germany and Cyprus and provides
clientele with TraderNet, a mobile, proprietary trading and account
management platform.
Cautionary
Note Regarding Forward-Looking Statements
This
release contains "forward-looking" statements. All forward-looking
statements are subject to uncertainty and changes in circumstances.
Forward-looking statements are not guarantees of future results or
performance and involve risks, assumptions and uncertainties that
could cause actual events or results to differ materially from the
events or results described in, or anticipated by, the
forward-looking statements. Factors that could materially affect
such forward-looking statements include certain economic, business
and regulatory risks and factors identified in the Company’s
periodic reports filed with the Securities and Exchange Commission.
All forward-looking statements are made only as of the date of this
release and the Company assumes no obligation to update
forward-looking statements to reflect subsequent events or
circumstances. Readers should not place undue reliance on these
forward-looking statements.
Contact:
usoffice@freedomholdingcorp.com
SOURCE:
Freedom Holding Corp.