LOS ANGELES, Dec. 18, 2012 (GLOBE NEWSWIRE) -- DDD Group plc (AIM:DDD) (OTCQX:DDDGY), or "DDD", the 3D solutions company, announces that its American Depositary Receipts (ADRs) have now commenced trading under the symbol DDDGY on the OTCQX® marketplace in the United States.
Chris Yewdall, chief executive of DDD, said:
"The US is the largest single market for 3D consumer products and experiences. Trading on the OTCQX marketplace offers US-based investors cost-effective access to invest in DDD and the exciting growth potential that 3D provides."
OTCQX is the highest U.S. OTC marketplace. DDD will trade on OTCQX International, which is designed for the best foreign companies that are listed on a qualifying foreign stock exchange. OTCQX International allows foreign exchange-listed companies to trade in the U.S. using their existing regulatory filings and reports without the duplicative regulatory burdens of a traditional U.S. exchange listing.
A Level 1 sponsored American Depository Receipt (ADR) program has been established by Deutsche Bank to enable simplified access for investors in the United States who wish to purchase shares in DDD.
DDD's ADR program repackages the existing AIM-listed ordinary shares of the company into American Depository Shares (ADS) which will be denominated in US dollars and traded on the OTCQX Marketplace. Each ADS will represent 10 ordinary AIM-listed DDD Group plc shares.
Berns & Berns, Counsellors at Law, will serve as DDD's Attorney Principal American Liaison (PAL) on OTCQX, responsible for providing guidance on OTCQX requirements and U.S. securities law.
The ordinary shares of the company will continue to be traded in the UK on the AIM market of the London Stock Exchange.
Investors can find current financial disclosures and Real-Time Level 2 quotes on www.otcmarkets.com. DDD will make the required information of Rule 12g3-2(b) under the U.S. Securities Act of 1934 available in English on www.otcmarkets.com and on DDD's website at www.DDD.com. Additionally, an investor FAQ regarding the ADR program is available on the Company's website at http://www.ddd.com/investors/faqs/.
About DDD Group
DDD transforms the visual experience by bringing 3D to the consumer. Its TriDefTM 3D solutions convert 2D to 3D automatically, and enable delivery to 3D TVs, PCs and mobile devices. Leading brands including Intel, Samsung, LG Electronics and Sony license these solutions. Over 23 million TriDef 3D products have been shipped by DDD's licensees worldwide. DDD's Yabazam! label delivers 3D everywhere with its online content portal and Smart TV apps. DDD's shares are quoted on the London Stock Exchange's AIM Market (AIM: DDD). For more information please visit www.DDD.com.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX:OTCM) operates Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities. Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into marketplaces to better inform investors of opportunities and risks - OTCQX® - The Intelligent Marketplace for the Best OTC Companies; OTCQB® - The Venture Marketplace; and OTC Pink® - The Open Marketplace. Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create better informed and more efficient financial marketplaces, visit www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC registered ATS.
CONTACT: Media relations: DDD Group Michelle LaPaglia +1 310 566 3346 email@example.comSource: DDD