NEW YORK, Feb. 25, 2015 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM), operator of Open, Transparent and
Connected financial marketplaces, today announced Webjet Ltd. (ASX:
WEB; OTCQX: WEBJF), Australia and
New Zealand's leading online
travel agency, has qualified to trade on OTCQX®, the best
marketplace for established, global and growth companies.
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Webjet begins trading today on OTCQX under the symbol "WEBJF."
U.S. investors can find current financial disclosure and
Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are proud to welcome Webjet to OTCQX," said R. Cromwell Coulson, President and CEO of OTC
Markets Group. "Trading on OTCQX will expose Webjet to more
U.S. investors through transparent trading and convenient access to
its news and financial disclosure. We look forward to supporting
Webjet as it continues to expand and grow its business
globally."
"We are excited about the opportunity that the OTCQX global
share structure provides to increase liquidity and access a broader
shareholder base by providing direct market access to U.S.
investors," said John Guscic, Managing Director of Webjet Ltd.
Cowen and Company, LLC serves as Webjet's Principal American
Liaison ("PAL") on OTCQX, responsible for providing professional
guidance on OTCQX requirements.
Webjet is an ASX listed online travel company selling to both
consumers (B2C) and business (B2B) organizations. In the B2C
market, it operates the leading consumer brands Webjet and ZUJI
which have regional coverage across Australia, New
Zealand, Singapore and Hong
Kong. In the B2B market, Webjet sells hotel rooms to its
travel agent partners via Lots of Hotels (an international hotel
aggregation platform operating predominantly in the Middle East and Africa) and SunHotels Group (a European based
company specializing in major markets of Scandinavia and
Europe).
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 Best
Marketplace; 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 regulated ATS.
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Media Contact:
Saskia Sidenfaden, OTC Markets
Group Inc., +1 (212) 896-4428, saskia@otcmarkets.com
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SOURCE OTC Markets Group Inc.