Freedom Holding Corp. Begins Trading on the OTCQX® Best Market
ALMATY, Kazakhstan, July 18, 2018 /PRNewswire/ -- Freedom Holding Corp. (OTCQX: FRHC) today announced that the Company begins trading on the OTCQX® Best Market, a premium market operated by the OTC Markets, Inc. Investors can find Real-Time Level 2 Quotes for Freedom Holding Corp. common shares on www.otcmarkets.com.
"We marked our 2018 fiscal year end on March 31," said Timur Turlov, the Company CEO. "This past year has been very busy. We have completed a number of important acquisitions and raised in excess of $40 million which is being used to continue expanding our operations in five countries in Central Asia. We now employ more than 650 employees across 55 retail locations as well as provide a state-of-the-art trading platform to our more than 80,000 retail clients," he noted. "We have been looking forward to expanding our market exposure and increasing investor access. We believe trading on OTCQX presents us with a wonderful opportunity at this stage of our growth to communicate with our shareholders and with securities market professionals in the U.S. and abroad," Turlov stated.
OTC Markets Group Inc. operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS and OTC Link ECN, they connect a diverse network of broker-dealers that provide liquidity and execution services. They also enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
Freedom Holding Corp is a corporation organized in the United States under the laws of the State of Nevada that owns several operating subsidiaries that engage in a broad range of activities in the securities industry, including retail securities brokerage, research, investment counseling, securities trading, market making, corporate investment banking and underwriting services in Central Asia. The Company is headquartered in Almaty, Kazakhstan, with supporting administrative office locations in Russia, Cyprus and the United States and is a professional participant on the Kazakhstan Stock Exchange (KASE), Moscow Exchange (MOEX), Saint-Petersburg Exchange (SPB), the Ukrainian Exchange, and the Republican Stock Exchange of Tashkent (UZSE).
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.
The OTC Markets Group, Inc. has not approved nor disapproved of the contents of this press release.
SOURCE Freedom Holding Corp.
Released July 18, 2018