25 Apr, 2012, 07:00 ET
NEW YORK, April 25, 2012 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM) the financial information and technology services company that provides the world's largest electronic marketplace for broker-dealers to trade unlisted stocks, announced that Grupa ADV S.A. (OTCQX: GPVSY; WSE: ADV), a holder of innovative companies operating in digital communications, innovative technologies and e-commerce, has chosen to have its American Depositary Receipts (ADRs) traded on the highest tier of the OTC market, OTCQX®.
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Grupa ADV began trading today on the OTC market's prestigious tier, OTCQX International. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.
"We are pleased to welcome Grupa ADV to OTCQX," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "The OTCQX platform supports a transparent marketplace with high quality issuers, financial information disclosure and efficient trading for U.S. investors."
BNY Mellon will serve as Grupa ADV's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.
About Grupa ADV S.A.
Grupa ADV S.A. (OTCQX: GPVSY; WSE: ADV) trades in the United States on OTCQX under the symbol "GPVSY", where each ADR represents 1 ordinary share. Grupa ADV is a holding of innovative companies operating in three areas: digital communications, innovative technologies and e-commerce. Within the confines of integrated marketing communication, the Grupa ADV provides a full range of services connected with all communication channels. Company competences in the domain of innovative technologies include IT outsourcing and creation of: dedicated applications, software for mobile devices, websites and GIS systems. E-commerce activities consist in Internet sales support via a unique affiliate system and creation of strategies and implementation of on-line sales programs.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the world's largest OTC marketplace for equity securities. Our OTC Link® trading system delivers price transparency in over 10,000 securities and enables direct interaction between broker-dealers that provide liquidity and execution services. We organize the marketplace by categorizing the wide spectrum of OTC-traded companies into three tiers: OTCQX - The Intelligent Marketplace for the Best OTC Companies; OTCQB® - The Venture Marketplace; and OTC Pink® - The Open Marketplace. Our information-driven platform makes it easy for investors to trade at the best price through the broker of their choice and empowers companies to build the best markets for their investors. To learn more about our Open, Transparent, and Connected marketplace, visit www.otcmarkets.com.
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SOURCE OTC Markets Group Inc.
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