OTC Markets Group Inc., operator of regulated markets for trading 12,000 U.S. and international securities, announced Ledyard Financial Group, Inc., the holding company for Ledyard National Bank. headquartered in Hanover, New Hampshire, has qualified to trade on the OTCQX Best Market. Ledyard Financial Group, Inc. upgraded to OTCQX from the OTCQB Venture Market.
Ledyard Financial Group, Inc. begins trading on OTCQX under the symbol “LFGP.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company.
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Graduating to the OTCQX Market marks an important milestone for community banks in the U.S. public markets. The OTCQX Market enables banks to maximize the value of being a public company by providing transparent trading and easy access to company information for shareholders. To qualify for OTCQX, community banks must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.
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“Since its founding in 1991, Ledyard National Bank has built a reputation for developing meaningful client relationships and delivering financial services in a way that makes life better for our clients, our employees, and the communities we serve,” said Josephine Moran, Ledyard’s President and CEO. “We anticipate that joining the OTCQX Best Market will strengthen and broaden that reputation among investors, and thereby create more value for all shareholders.”
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