Freedom Holding Corp. (US) announces successful listing of ordinary shares US3563901046 (US_FRHC) on Nasdaq Capital Market

02.10.19, 14:41
/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]