TORONTO, July 13, 2012 /PRNewswire/ - Canaccord Financial Inc. is pleased to announce that its common shares will today be admitted, with a standard listing, to the Official List of the United Kingdom Listing Authority ("UKLA") and to trading on the London Stock Exchange's Main Market ("Main Market") (together, "Admission").
Dealings in the Company's common shares will commence on the Main Market today at 8.00 a.m. BST and cancellation of trading in the common shares on AIM will take place simultaneously. Canaccord will continue to be a dual-listed company, with shares trading on both the TSX (TSX :CF ) and the LSE (LSE :CF. ).
"Our move to the LSE official list reflects the growing importance of the UK market to our business," said Paul Reynolds, President and CEO of Canaccord Financial Inc. "Our UK shareholder base has grown significantly in the last year, and we strongly believe having an LSE main market listing will provide opportunities to broaden our shareholder base in the region even further."
The prospectus prepared by the Company in connection with its LSE Admission, is available on the investor relations section of the Company's website: www.canaccordfinancial.com.
ABOUT CANACCORD FINANCIAL INC.:
Through its principal subsidiaries, Canaccord Financial Inc. is a leading independent, full-service financial services firm, with operations in two principal segments of the securities industry: wealth management and global capital markets. Since its establishment in 1950, Canaccord has been driven by an unwavering commitment to building lasting client relationships. We achieve this by generating value for our individual, institutional and corporate clients through comprehensive investment solutions, brokerage services and investment banking services. Canaccord has over 60 offices worldwide, including over 40 Wealth Management offices located across Canada, the UK and Europe. Canaccord Genuity, the Company's international capital markets division, has operations in Canada, the U.S., the U.K., France, Germany, Ireland, Italy, China, Hong Kong, Singapore, Australia and Barbados.
SOURCE Canaccord Financial Inc.