New On The OTCQX: British Sky Broadcasting
May 25, 2010 (FinancialWire) — British Sky Broadcasting Group PLC (OTC: BSYBY) recently began trading on the Pinksheets OTC Electronic OTC Markets’ OTCQX Tier. BSYBY stock last closed down 1.24%, at $32.25 per share. The most recent BSYBY company press release details the company’s 3rd Quarter results (accessible via http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=BSYBY).
British Sky Broadcasting Group PLC and its subsidiaries operate the leading pay television broadcast service in the UK and Ireland, as well as broadband and telephony services. At March 31, 2010, there were 9.77 million DTH subscribers to Sky's television services, and 1.9 million subscribers to all three of its television, broadband and telephony services.
The OTCQX provides the highest level of visibility and access to U.S. investors possible in the OTC Market. OTCQX is the premium tier of the U.S. over-the-counter marketplace which gives non-U.S. companies a visible U.S. cross-listing without the duplicative regulatory costs required of listing on a traditional U.S. exchange. OTCQX companies use the quality controlled OTCQX listing platform to offer investors transparent trading, superior information, and easy access through their U.S. regulated broker-dealers. The innovative OTCQX platform offers companies and their shareholder a level of marketplace services formerly available only on a U.S. exchange.
Source: Pinksheets OTC Electronic OTC Markets, OTCQX Tier (http://www.pinksheets.com/pink/marketactivity/rt_trade_stats.jsp?tabValue=1).
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