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MEDISICO LISTS ON GXG FIRST QUOTE MARKET

Published by Gbaf News

Posted on August 22, 2014

2 min read
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Medisico plc (‘Medisico’), the life science, medical device and technology company with a number of subsidiary companies operating in the aesthetics, medical devices, medical treatment, surgical and laser treatment marketplaces, announces that Medisico will list on the GXG First Quote Market. The listing will be effective today, August 19.

The GXG First Quote Market is set up for smaller companies to benefit from a market quote and provides the opportunity for compliance with rules and regulations of the public marketplace. Medisico will benefit from having its share price and company information displayed on the GXG Markets website where appropriate, and will have their share price and charting shown on Bloomberg’s terminals, website and smartphone investor apps. Medisico will also benefit from having its regulatory news and trading updates placed to both the market and secondary information providers that include Thomson Reuters.

“Our investor base has widened considerably from a group of investors from our start-up phase, where personal contacts have contributed nearly £0.5 million to our initial capital base. The GXG First Quote listing is the next stage of our programme to grow Medisico into the most significant organisation in its operating environment. This listing is essential for Medisico’s expansion plans and the launch of our subsidiary companies,” said Stephen Soos, CEO, Medisico. “Combining our technology, intellectual property management, dedication and skill has provided the company with a great set of opportunities to expand into a variety of markets.”

Key Takeaways

  • Medisico plc is now listed on the GXG First Quote Market effective August 19, 2014.
  • Listing allows share price and company information to be displayed via GXG Markets, Bloomberg, and Thomson Reuters.
  • The move broadens Medisico’s investor base beyond its £0.5m startup funding.
  • The listing supports Medisico’s expansion strategy and launch of its subsidiaries.

References

Frequently Asked Questions

What is the GXG First Quote Market?
It’s an OTC segment of GXG Markets for smaller companies to gain market visibility via quotes under lighter regulatory requirements.
When did Medisico list?
The listing became effective on August 19, 2014.
What are the benefits for Medisico?
Benefits include share visibility on GXG, Bloomberg, and Thomson Reuters, broader investor access, and support for growth plans.
How was Medisico financed prior?
Initial capital of nearly £0.5 million came from personal contacts during its start‑up phase.

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