NEW YORK, Jan. 27, 2014 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that Heineken N.V. (OTCQX: HEINY; NYSE Euronext Amsterdam: HEIA NA/HEIN.AS) and Heineken Holding N.V. (OTCQX: HKHHY; NYSE Euronext Amsterdam: HEIO NA/HEIO.AS) have chosen to have their American Depositary Receipts (ADRs) trade on OTCQX®, the best marketplace with qualified companies.
Heineken N.V. and Heineken Holding N.V. begin trading today on OTCQX International Premier, a segment of the OTCQX marketplace reserved for world-leading non-U.S. companies that are listed on a qualified international exchange and provide their home country disclosure to U.S. investors. U.S. investors can find current financial disclosures and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are pleased to welcome HEINEKEN, one of the world's leading beverage companies, to the OTCQX marketplace," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "HEINEKEN joins over 300 global companies that have chosen to trade on OTCQX to ensure their U.S. investors have transparent trading and convenient access to the same timely, high-quality news and disclosure enjoyed by investors in their home market. We look forward to working with HEINEKEN's management team as they continue to grow the company's global visibility."
George Toulantas, Global Investor Relations Director of Heineken N.V./ Heineken Holding N.V. commented, "We are delighted to upgrade our ADRs to the OTCQX marketplace. This will further enhance our visibility amongst U.S. investors whilst providing our shareholders with access to the highest quality disclosure and a transparent trading platform."
Deutsche Bank serves as Heineken N.V.'s and Heineken Holding N.V.'s Principal American Liaison ("PAL") on OTCQX, responsible for providing professional guidance on OTCQX requirements.
Established in 1864 by the Heineken family, HEINEKEN is Europe's largest brewer and the world's third largest by volume. Heineken®, its flagship brand, is the most international of global beer brands, enjoyed in 178 countries. The company's brand portfolio spans over 250 regional and local champions, including Amstel, Desperados, Dos Equis, Primus, Sol, Star, Strongbow, Tecate and Tiger. HEINEKEN employs over 85,000 people in over 70 countries.
Heineken N.V. and Heineken Holding N.V will trade in the U.S. on OTCQX under the symbols "HEINY" and "HKHHY," respectively, where each ADR represents 0.5 ordinary share.
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 provide liquidity and execution services for a wide spectrum of securities. We organize these securities into marketplaces to better inform investors of opportunities and risks – OTCQX®, The Best Marketplace with Qualified Companies; OTCQB®, The Venture Stage Marketplace with U.S. Reporting Companies; and OTC Pink®, The Open Marketplace with Variable Reporting Companies. 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.
SOURCE OTC Markets Group Inc.