ALMATY, KAZAKHSTAN / ACCESSWIRE / January 24, 2019 / Freedom Holding Corp. (OTCQX: FRHC) is pleased to announce it has been named to the 2019 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year.
The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX market. The ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the previous calendar year. Companies in the 2019 OTCQX Best 50 were ranked based on their performance in 2018.
Company CEO, Timur Turlov, stated, "It's an honor to be ranked No. 5 on the 2019 OTCQX Best 50 and it's also validation of the hard work and dedication of the entire FRHC team. We believe sharing a ranking on the 2019 OTCQX Best 50 list with other well-known issuers such as Gazprom Neft PJSC (ranked 17th), Zurich Insurance Group Ltd. (ranked 29th) and Adidas AG (ranked 41st) is confirmation that we are among the leading issuers trading on the OTCQX. We anticipate that we will continue to be an attractive investment because of the compelling business opportunity we have identified in many markets that have been underserved in the financial services industry and our ability to execute our strategy within these markets."
For the complete 2019 OTCQX Best 50 ranking, visit
https://www.otcmarkets.com/files/2019_OTCQX_Best_50.pdf.
The OTCQX Best Market offers transparent and efficient trading of established, investor-focused U.S. and global companies. To qualify for the OTCQX market, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws and have a professional third-party sponsor introduction. The companies found on OTCQX are distinguished by the integrity of their operations and diligence with which they convey their qualifications.
About Freedom Holding Corp.
Freedom Holding Corp. is a financial services holding company conducting retail financial brokerage, investment counseling, securities trading, investment banking and underwriting services through its subsidiaries under the name of Freedom Finance in the Commonwealth of Independent States (CIS). The Company is a professional participant of the Kazakhstan Stock Exchange (KASE), Moscow Exchange (MOEX), the Saint-Petersburg Exchange (SPB) the Republican Stock Exchange of Tashkent (UZSE) and the Ukrainian Exchange. The Company is headquartered in Almaty, Kazakhstan, with executive office locations in Russia and the United States. The Company operates more than 48 branch offices in Kazakhstan, Russia, Kyrgyzstan, Ukraine and Cyprus.
The Company's common shares are registered with the United States Securities and Exchange Commission and are traded in the United States on the OTCQX Best Market operated by OTC Markets Group Inc., the world's largest electronic marketplace for broker-dealers to trade unlisted stocks. Investors are able to view Real Time Level II stock quotes for the Company at: http://www.otcmarkets.com.
Cautionary Note Regarding Forward-Looking Statements
This release contains "forward-looking" statements. All forward-looking statements are subject to uncertainty and changes in circumstances. Forward-looking statements are not guarantees of future results or performance and involve risks, assumptions and uncertainties that could cause actual events or results to differ materially from the events or results described in, or anticipated by, the forward-looking statements. Factors that could materially affect such forward-looking statements include certain economic, business and regulatory risks and factors identified in the Company's periodic reports filed with the Securities and Exchange Commission. All forward-looking statements are made only as of the date of this release and the Company assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking statements.
The OTC Markets Group, Inc. has not approved nor disapproved of the contents of this press release.
Contact: usoffice@freedomholdingcorp.com
SOURCE: Freedom Holding Corp.
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