Pink Sheets, LLC, the leading electronic
inter-dealer quotation system, trading technology and financial information
provider for over-the-counter (OTC) securities, today announced that Akzo
Nobel (PINKSHEETS: AKZOY), one of the world's leaders in chemicals and
coatings based in the Netherlands, has chosen to list its American
Depositary Receipts (ADR) on International OTCQX. Beginning today, Akzo
Nobel's ADRs will trade on the OTC market's highest tier, International
PremierQX, where investors can find current disclosure and financial
information on the company (available on www.otcqx.com and
www.pinksheets.com).
"We are thrilled to welcome such a globally recognized and respected
company as Akzo Nobel to the International OTCQX market tier," said R.
Cromwell Coulson, Chairman and CEO of Pink Sheets LLC. "As an
International OTCQX-listed company, Akzo Nobel distinguishes itself as one
of the most prestigious companies trading over-the-counter, and provides
U.S. investors with access to their latest news and disclosure
information."
Deutsche Bank will serve as Akzo Nobel's Principal American Liaison ("PAL")
on International OTCQX.
About Akzo Nobel
Akzo Nobel is a diversified multinational group of companies with
activities in pharma, coatings and chemicals. The pharma group manufactures
products for both the human and animal healthcare markets, including oral
contraceptives, antidepressants, infertility treatments and veterinary
vaccines. The coatings group includes car refinishes, decorative coatings,
industrial activities, industrial finishes, marine and protective coatings,
and powder coatings. The chemicals group includes base chemicals, energy,
functional chemicals, polymer chemicals, pulp and paper chemicals, salt and
surface chemistry. Akzo Nobel is listed on the Euronext Amsterdam.
International OTCQX provides a gateway to U.S. securities markets for
international companies that are listed on a qualified international
exchange and provide ongoing disclosure in English to U.S. investors. More
importantly, International OTCQX distinguishes the reputable international
issuers from the 8,000 over-the-counter (OTC) securities traded in the U.S.
Only leading companies that have substantial operating businesses and
provide credible disclosure to the public are eligible for inclusion on the
premium-tier International OTCQX, which commenced trading on March 5, 2007.
For more about International OTCQX, visit www.otcqx.com.
Pink Sheets, LLC is the leading electronic inter-dealer quotation system,
trading technology and financial information provider for the
over-the-counter (OTC) securities markets. Its centralized information
network includes services designed to benefit market makers, issuers,
brokers and OTCinvestors. Pink Sheets information enhances the efficiency
of OTC trading, provides better executions for OTCinvestors and improves
the capital formation process for OTC issuers. For more information visit
the Pink Sheets website at www.pinksheets.com.
Media Contact:
Lee Morrell
CCG Investor Relations
+1 (310) 477-9800 Email Contact