Delek Group Ltd. Joins OTCQX
December 01 2009 - 3:00AM
PR Newswire (US)
NEW YORK, Dec. 1 /PRNewswire-FirstCall/ -- Pink OTC Markets Inc.
(Pink Sheets: PINK), the leading electronic inter-dealer quotation
system, trading technology and financial information provider for
Over-the-Counter (OTC) securities, today announced that Delek Group
Ltd. (OTCQX: DGRLY, TASE: DLEKG), the leading Israeli energy and
infrastructure group, has chosen to list its American Depositary
Receipts (ADRs) on OTCQX®. (Logo:
http://www.newscom.com/cgi-bin/prnh/20090708/NY43125LOGO ) Delek
Group's ADRs began trading today on the OTC market's highest tier,
OTCQX International Premier. Investors can find current financial
disclosure and real-time Level 2 quotes for the company on
http://www.otcqx.com/ and http://www.pinksheets.com/. "Companies,
like Delek Group, choose to list on OTCQX to demonstrate their
commitment to providing superior information to investors and
maintaining the highest quality standards," said R. Cromwell
Coulson, President and CEO of Pink OTC Markets. "We welcome Delek
Group to OTCQX." Citi, which acts as Depositary for Delek's ADR
program, will serve as Delek's Principal American Liaison ("PAL")
on OTCQX, responsible for providing guidance on listing
requirements. About Delek Group Ltd. (OTCQX: DGRLY, TASE: DLEKG)
Delek Group's ADRs will trade in the United States on OTCQX under
the symbol "DGRLY", where each ADR will represent 0.1 ordinary
shares. Delek's shares are also listed on the Tel Aviv Stock
Exchange, under the symbol DLEKG. Delek Group is the leading energy
and infrastructure group based out of Israel with investments in
upstream and downstream energy, water desalination and power plants
globally. In addition, Delek is the number one importer and
distributor of vehicles in Israel and owns insurance assets in
Israel and the US. Earlier this year, Delek Group, through its
subsidiaries, discovered significant quantities of high quality
natural gas off the coast of Israel. Delek Group sales reached 48
billion Israeli shekels (US$12.6 billion) in 2008. IR contact: Ms.
Dalia Black, Email: . For more information on Delek Group, please
visit http://www.delek-group.com/. About OTCQX The OTCQX
marketplace is the premier tier of the U.S. Over-the-Counter
market. Investor-focused companies use the quality controlled OTCQX
listing platform to offer investors transparent trading, superior
information, and easy access through their regulated U.S.
broker-dealers. The innovative OTCQX platform offers companies and
their shareholders a level of marketplace services formerly
available only on a U.S. exchange. For more about OTCQX, visit
http://www.otcqx.com/. About Pink OTC Markets Inc. Pink OTC Markets
Inc. (Pink Sheets: PINK) is a financial information and technology
services company that operates the leading electronic quotation and
trading system in the Over-the-Counter, or OTC, securities market.
The OTCQX and Pink Sheets® marketplaces that we operate constitute,
by dollar volume, the third largest U.S. liquidity pool for trading
public company shares, after The NASDAQ Stock Market, Inc. and The
New York Stock Exchange. Our technology platform provides a
comprehensive suite of information products and trading services
for OTC market participants. Our products and services promote
market transparency, improve price discovery, facilitate regulatory
compliance, and increase the quality of issuer disclosure, to the
benefit of all OTC market participants. To learn more about how
Pink OTC Markets' products and services make the OTC marketplace
more transparent, informed, and efficient, please visit our
websites at http://www.pinkotc.com/, http://www.pinksheets.com/ and
http://www.otcqx.com/ or contact us at . Pink OTC Markets is
headquartered in New York City.
http://www.newscom.com/cgi-bin/prnh/20090708/NY43125LOGO
http://photoarchive.ap.org/ DATASOURCE: Pink OTC Markets Inc.
CONTACT: Matthew Sheldon, CCG Investor Relations, +1-310-954-1346,
Web Site: http://www.otcqx.com/
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