Planet Based Foods Announces IPO on Frankfurt Stock Exchange
VANCOUVER, BC, January 25, 2022 /CNW/ – Planet Based Foods Global Inc. (CSE: PBF) (FSE: AZ0) (“PBFG” or the “Company”) is pleased to announce that the subordinate voting shares of the Company have been accepted for listing on the Frankfurt Stock Exchange (“FSE”) and trade under the symbol FSE: AZ0. The Company’s subordinate voting shares are now interlisted on the TSX Venture Exchange and the FSE. Listing on the Frankfurt Stock Exchange is a strategic decision for the company as it is one of the largest securities trading centers in the world and the largest germany scholarships.
Braelyn Davis, CEO and co-founder of the company, said: “Since the initial listing in Canada at the beginning of January, we are fortunate to say that we received a number of inquiries from investors around the world. The Planet Based Foods team has worked hard and moved as quickly as possible to make our shares available to investors outside of Canada, and listing on the Frankfurt Stock Exchange is a key step in this process.”
The Company believes that listing on the FSE will help increase trading liquidity and facilitate investment in the Company by institutional and retail investors in Europe.
The FSE is the world’s third-largest organized stock market by turnover and securities trading, and the largest stock exchange in Germany. The FSE facilitates advanced electronic trading, settlement and information systems, enabling it to meet the growing demands of cross-border trade.
ON BEHALF OF COUNCIL
President, CEO and Director
For more information, please visit: www.planetbasedfoods.com or contact: [email protected]
Certain statements included in this press release constitute forward-looking information or statements (collectively, “forward-looking statements”), including those identified by the expressions “anticipate”, “assume”, “believe”, “plan”, “estimate “, “expect”, “intend”, “may”, “should” and similar expressions insofar as they relate to the Company or its management. Forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward-looking statements. These forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. These statements are based on current expectations and various estimates, factors and assumptions and involve known and unknown risks, uncertainties and other factors. These statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances, except as required by law. Readers should not place undue reliance on the Company’s forward-looking statements.
The Canadian Securities Exchange accepts no responsibility for the adequacy or accuracy of this press release.
SOURCE Planet Based Foods
For further information: For investor inquiries, please contact: Daniel Southan-Dwyer, Corporate Development, Planet Based Foods, [email protected], Phone. : +1 604 366 6277; For media inquiries, please contact: Adrienne Arieff, Managing Director, Beck Media & Marketing, [email protected], Phone. : +1 310 270 2214