/KASE, October 2, 2019/ – Freedom Holding Corp. (Salt Lake City), whose shares
are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE
with the following communiqué:
quote
Shares of Freedom Holding Corp. underwent the listing procedure on The Nasdaq
Capital Market. Trading will start on October 15, 2019 under the ticker "FRHC".
Since July 2018 the holding's ordinary shares have been listed on the OTCQX
Best Market, which is operated by the OTC (Over-the-Counter) Markets Group.
In 2018 the company occupied the 5th place in the OTCQX Best 50 list – a rating
of the best companies of last year which carried out trading on the
OTCQX Best Market.
"We are pleased to announce the listing of our shares on Nasdaq exchange.
We are the first Kazakhstan-based financial services company to be listed on
an American exchange. This is an important achievement for our company that
will allow as to go on with our business plan. We expect that this listing will
enable us to share our vision with a broader audience and further develop
strategic relations with investors and other financial companies",- says Timur
Turlov, the CEO of Freedom Holding Corp.
The holding includes "Freedom Finance" JSC – Kazakhstan's major brokerage
company. In July 2019 the international rating agency S&P Global Ratings
assigned to the company a rating on "В-/В", outlook – "Stable", on the national
scale – on "kzBB -". Up to now only one brokerage company used to have a
rating from a Top-3 international rating agency.
unquote
The full press release is available on –
http://kase.kz/files/emitters/US_FRHC/us_frhc_reliz_021019_1.pdf
[2019-10-02]