NEW YORK, April 22, 2015 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent, and Connected financial marketplaces, today announced Kentucky Bancshares, Inc. (OTCQX: KTYB), the holding company for Kentucky Bank in Paris, KY, has qualified to trade on the OTCQX® Best Marketplace.
Kentucky Bancshares, Inc. begins trading today on OTCQX under the symbol KTYB. 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 Kentucky Bancshares, Inc. to the growing family of established, investor-friendly community banks on our OTCQX marketplace," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "Trading on OTCQX will provide Kentucky Bancshares, Inc. shareholders transparent trading and convenient access to the company's news and financial disclosure so they can more easily analyze, value, and trade its securities. We look forward to supporting the company and its shareholders for years to come."
"We are pleased to be approved to trade on the OTCQX marketplace," said Louis Prichard, Kentucky Bancshares, Inc.'s President and Chief Executive Officer. "The increased visibility and transparency of the marketplace is expected to increase the liquidity of our shares and ultimately improve shareholder value. The transparency of the OTCQX marketplace is consistent with the corporate governance and reporting practices already being followed by Kentucky Bancshares, Inc."
Raymond James Financial, Inc. serves as Kentucky Bancshares, Inc.'s Corporate Broker on OTCQX.
About Kentucky Bancshares, Inc.
Kentucky Bancshares, Inc. is headquartered in Paris, Kentucky and is the parent company of Kentucky Bank, which operates 15 banking centers throughout central and eastern Kentucky. Kentucky Bank, a commercial bank and trust company, serves individuals and small businesses by offering banking products such as corporate services and investment management. The bank delivers services that combine the best of personal touch with convenient technology-based delivery. For more information please go to www.kybank.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 provides liquidity and execution services for a wide spectrum of securities. We organize these securities into marketplaces to inform investors of opportunities and risks: the OTCQX® Best Marketplace, the OTCQB® Venture Marketplace, and the OTC Pink® 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.
Saskia Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428, [email protected]
SOURCE OTC Markets Group Inc.