GreenBank Capital Common Shares Admitted to the Crest Settlement System
GreenBank Capital Inc. announces that European investors can now settle transactions in its common shares via CREST, the UK-based Central Securities Depository. This new trading capability is expected to streamline the transaction process for European investors, thereby enhancing access and liquidity for GreenBank's shares. Chairman Mark Wettreich highlights the significance of this move in strengthening the company's international market presence. GreenBank operates with a flexible, low-cost model focused on investing in undervalued growth companies.
- Ability for European investors to settle transactions through CREST enhances access to shares.
- Expected increase in liquidity for GreenBank's shareholders.
- Strengthened international market presence aligns with company's strategic goals.
- None.
This news release is not for distribution or dissemination in the United States of America
TORONTO, ON / ACCESSWIRE / February 7, 2022 / GreenBank Capital Inc. (CSE:GBC) (the "Company") is pleased to announce that European investors can now settle transactions in the Company's common shares through CREST, the United Kingdom-based Central Securities Depository and Securities Settlement System owned and operated by EuroClear. (See https://www.euroclear.com/about/en/business.html for more info.)
GreenBank believes that those European investors who wish to trade in GreenBank common shares will now encounter a greatly simplified process due to their newfound ability to access the enhanced international settlement facility that CREST offers.
Mark Wettreich, Chairman of GreenBank commented "GreenBank is aiming to augment its profile and visibility to international markets- specifically those based outside of North America; we believe this CREST settlement facility benefits that effort. The European investor's new ability to use CREST to settle their GreenBank share transactions has the potential to both increase access to GreenBank common shares throughout Europe as well as enhance liquidity for GreenBank's shareholders."
About GreenBank
GreenBank is a next generation merchant banking business that has a flexible low-cost overhead structure designed to maximize profitability. Our management are based in Toronto, Dallas and London and are used to working across borders remotely. Our model of remote working, dynamic space and flexible contracts -rather than large fixed costs - establishes GreenBank as a global merchant bank for the future, both during and after COVID19.
GreenBank is listed on the Canadian Securities Exchange, the Frankfurt Boerse and on the OTC Markets in the USA. GreenBank invests in undervalued exponential growth companies focused on building consistent capital appreciation for its shareholders. For more information please see https://www.GreenBankCapitalinc.com or contact Mark Wettreich at (214) 202 4353 or by email Mark@GreenBankCapitalinc.com
Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of GreenBank Capital Inc., the raising of additional capital and the future development of the businesses comprising GreenBank's investment portfolio. The forward-looking information is based on certain key expectations and assumptions made by the company's management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because GreenBank can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and GreenBank disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws. Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
SOURCE: GreenBank Capital Inc.
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https://www.accesswire.com/687705/GreenBank-Capital-Common-Shares-Admitted-to-the-Crest-Settlement-System
FAQ
What is the significance of GreenBank Capital's shares being admitted to CREST?
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