International Market Service Launched/Project Updates

    OFEX HOLDINGS PLC - PROJECT UPDATES

INTERNATIONAL MARKET SERVICE ("IMS") LAUNCHED

OFEX is pleased to announce that its first IMS company started trading this
morning. pSivida, a global nanotechnology company headquartered in
Australia and with operations in the UK, can now be traded on IMS.

Jefferies International Limited will be acting as market maker and the initial
IMS corporate adviser to the introduction of pSivida to the market. Trade data
can be accessed via the OFEX website on www.ofex.com. 

About the launch of IMS, Mr Peter Freeman, Director of Markets at OFEX said:
"pSivida is a company already listed on the Australian Stock Exchange and
therefore complies with internationally accepted standards of regulation.  IMS
provides pSivida with the opportunity to access the London markets without the
burden to comply with an additional set of regulation, in a very cost effective
manner."

IMS is a facility provided by OFEX to allow trading in securities that have
been admitted to trading on certain markets established and operated outside
the UK. OFEX has initially identified the main markets of the Australian, New
Zealand and Toronto stock exchanges, whose admission and disclosure standards
meet the criteria for IMS eligibility. The IMS service is designed to
complement the home market listing and assist companies on such markets benefit
from a dual quotation.

For further information on IMS please contact Cyril Theret on 020 7553 2000 or
via enquiries@ofex.com.  Alternatively visit the OFEX website on www.ofex.com 

COMPETING MARKET MAKER ("CMM") PROJECT UPDATE

Following the completion of internal testing - on schedule and on budget - OFEX
is pleased to announce that the CMM project has progressed to external testing
with Winterflood Securities, Teather & Greenwood, Hoodless Brennan and J P
Jenkins Ltd. 

OFEX looks forward to shortly announcing the Summer 2004 "live" date, subject
to the results of this next stage of testing.

For further information please contact Jonathan Jenkins, Joint Managing
Director at OFEX. 



END

Ofex Holdings (LSE:OFX)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024