> Ledyard Financial Group Upgrades to OTCQX Best Market
Jun 22, 2023 -
Ledyard Financial Group shares (OTCQX: LFGP) began trading today on OTC Markets Group’s OTCQX® Best Market, upgrading from the OTCQB Venture Market. LFGP qualified for this upgrade by meeting high financial standards, following best practice corporate governance, demonstrating compliance with U.S. securities laws, and having a professional third-party sponsor introduction. Ledyard Financial Group is the holding company for Ledyard National Bank. OTC Markets Group operates financial markets for 12,000 U.S. and global securities.
“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.”
Ledyard Financial Group trades on OTCQX under the symbol “LFGP.” U.S. investors can find current financial disclosures and Real-Time Level 2 quotes for the bank at www.otcmarkets.com.
“Congratulations to Ledyard Financial Group on graduating to the OTCQX Best Market,” said Laura Hamilton, VP of Corporate Services at OTC Markets Group. “Upgrading to the OTCQX Market will enable Ledyard Financial Group to trade alongside peer banks that meet high financial standards and that are committed to providing transparent trading for their shareholders. We look forward to continuing to support Ledyard Financial Group in the public markets.”
Ledyard Financial Group was sponsored for OTCQX by Raymond James & Associates, Inc., a qualified third-party firm responsible for providing guidance on OTCQX requirements and recommending membership.
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