LISTING ON FRANKFURT STOCK EXCHANGE
Appointment of Designated Sponsor and Lead Broker
Perth, WA and Greer, SC -July 30th, 2010- Alexium International Group Limited (Alexium) (ASX: AJX) is pleased to announce that the shares of Alexium are now officially quoted on the Frankfurt Stock Exchange in the open market segment and on the Xetra electronic platform.
Alexium has appointed Tritrade as lead broker on the Frankfurt Floor and Bank M as designated sponsor. Gavin Rezos, Chairman of Alexium said “the Frankfurt Stock Exchange and Xetra electronic trading platform provide a cost effective, efficient and transparent market for European investors to acquire and trade shares in Alexium and opens the company to wide range of European investors. We are particularly pleased to have been able to appoint Bank M and TriTrade as our designated sponsor and lead broker, who have worked with the company in the listing process with Deustche Börse and who bring a strong reputation and execution capability to European trading in the company’s shares”.
The company has also appointed European investor relations and media company, “Dr Reuter Investor Relations”, who specialize in “socially responsible investments” to increase awareness of the company in the European media and investment community and to highlight the energy, cost saving and environmental benefits of the company’s technology.
Steve Ribich, CEO of Alexium said that “the greater visibility of Alexium in international markets through this listing will assist in the commercialisation process of Alexium’s RST “Reactive Surface Technology” for which the company recently announced the receipt of its first orders for treated materials from the US Department of Defence for trials.
The ticker symbols for Alexium are as follows: ISIN: AU000000AJX6
SYMBOL: E7T BLOOMBERG: AJX:AU REUTERS: AJX:AC
Viaticus Capital, a corporate advisory company related to Alexium Chairman Gavin Rezos, will subject to shareholder approval, receive 2,500,000 options in Alexium, exercisable at 30c at any time up to 31 December 2014, for successfully undertaking the listing process.
For more information visit: www.alexiuminternational.com
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