NEW YORK, June 20, 2012 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), the company that operates the world's largest electronic marketplace for OTC-traded equities, today announced that Balfour Beatty Plc (OTCQX: BAFYY; LSE: BBY), a UK-based integrated infrastructure services group, has chosen to have its American Depositary Receipts (ADRs) traded on the highest tier of the OTC market, OTCQX®.
Balfour Beatty began trading today on the OTC market's prestigious tier, OTCQX International Premier. Investors can find current financial disclosures and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.
"The OTCQX platform offers investor-focused companies a winning combination of quality control, transparency, and broader visibility to U.S. investors," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome Balfour Beatty to OTCQX."
Citi will serve as Balfour Beatty's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements and U.S. securities laws.
About Balfour Beatty Plc
Balfour Beatty Plc (OTCQX: BAFYY; LSE: BBY) trades in the United States on OTCQX under the symbol "BAFYY", where each ADR represents 0.25 ordinary shares. Balfour Beatty Plc is a UK-based integrated infrastructure services group, operating in more than 80 countries, and across the life cycle of infrastructure assets. The group's comprehensive capabilities range from financing, planning and design to construction, maintenance and support with a focus on power, transportation, rail, water and mining sectors.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the world's largest Open, Transparent and Connected financial marketplace platform, delivering price transparency in almost 10,000 OTC securities. The OTC Link® ATS directly links broker-dealers that provide liquidity and execution services. We organize the wide spectrum of OTC-traded securities into three marketplaces to 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 financial marketplace platform enables smarter trading through any broker at the best possible price, and empowers companies to improve the quality and availability of information for their investors. To learn more about our Open, Transparent and Connected financial marketplaces, visit www.otcmarkets.com.
OTC Link ATS operated by OTC Link LLC, member FINRA/SIPC and SEC registered ATS.
SOURCE OTC Markets Group Inc.