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Be the first with the news that moves the market- The Very Good Food Company’s (VERY) common shares have been accepted for listing on the Frankfurt Stock Exchange (FSE)
- The FSE is the largest stock exchange in Germany, and one of the largest securities trading exchanges in the world
- The Very Good Food Company pursued the listing after receiving expressions of interest from overseas investors
- The company has listed its shares on the European exchange under the ticker code 0SI
- The Very Good Food Company (VERY) is down 1.94 per cent and is trading at C$1.52 per share
The Very Good Food Company’s (VERY) common shares have been accepted for listing on the Frankfurt Stock Exchange (FSE).
The FSE is the largest of Germany’s eight stock exchanges, and one of the largest securities trading exchanges on Earth.
In terms of turnover and dealing in securities, it is the world’s third-largest organised exchange-trading market. By market capitalisation, it is the tenth-largest stock exchange in the world.
The FSE has advanced electronic trading, as well as settlement and information systems. This allows the exchange to meet the growing demands of cross-border trading.
The Very Good Food Company pursued the listing on the FSE after receiving expressions of interest from overseas investors. The company believes that the listing will increase its trading liquidity, and facilitate investment from European investors.
The Very Good Food Company’s CEO, Mitchell Scott, commented on the company’s debut on a new exchange.
“Since our initial listing in Canada, we have been fortunate to receive inquiries from investors internationally.
“The team has been moving as quickly as possible to make our shares available to investors outside of Canada, and the Frankfurt listing is a key milestone in that process,” he said.
The Very Good Food Company’s shares are now cross-listed on the Canadian Securities Exchange (CSE) and Frankfurt Stock Exchange (FSE). The company’s common shares will trade on the FSE under the ticker code 0SI.
The Very Good Food Company (VERY) is down 1.94 per cent and is trading at C$1.52 per share at 3:15pm EDT.
