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Ethernity Networks Ltd - Airport City, Israel-based supplier of data processing semiconductor technology for networking appliances - Shares will cease trading on the OTCQB Venture Market in New York from Friday, instead trading on the Pink Open Market operated by OTC Markets, also in New York. Says primary listing will remain on AIM in London. Ethernity shares were admitted to trading on OTCQB in September last year, with the company saying it decided to transfer to the Pink Open Market ‘due to the absence of perceived benefits for Ethernity’s shareholders from the OTCQB listing, and the excessive resources it entailed’. Says US-based shareholders will, via trading on the Pink Open Market, continue to have access to a platform for trading Ethernity shares. Current stock price: 1.49 pence, down 2.2% in London on Thursday afternoon 12-month change: down 88% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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