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REG - Tap Global Group PLC - OTCID Application Submitted

By Exbasi Intelligence
Sourced from London Stock Exchange
REG - Tap Global Group PLC - OTCID Application Submitted
RNS Number : 1873R Tap Global Group PLC 19 August 2026  THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE UK MARKET ABUSE REGULATION. UPON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS DEEMED TO BE IN THE PUBLIC DOMAIN.19 August 2026Tap Global Group plc("Tap" or the "Company")OTCID Application SubmittedOpening Tap's shares to US investorsTap Global Group plc (AIM: TAP), the innovative digital finance hub that brings money, payments and crypto settlement services together in a single user-friendly app, announces that it has submitted an application to OTC Markets Group Inc. ("OTC Markets") for the Company's existing ordinary shares to be cross traded on the OTCID Basic Market ("OTCID") in the United States.The proposed OTCID listing will remove barriers to trading and will provide North America-based investors considerably easier access to Tap shares and, over time, the potential to broaden the Company's shareholder base and support liquidity.Strategic RationaleThe United States has the world's largest pool of investable capital and is the most important market for digital assets, reflecting growing institutional adoption, investor participation, retail investor enthusiasm and integration with traditional financial markets.OTCID is a disclosure-based quotation market operated by OTC Markets in New York, providing an electronic interdealer quotation system used by US broker-dealers. International companies listed on qualifying foreign exchanges, including AIM, use OTCID to make their shares available to US investors, priced in US dollars in line with the home market. Cross-trading on OTCID is not a listing on a US stock exchange: any shares quoted would be the Company's existing ordinary shares, fully fungible with those admitted to trading on AIM, and the Company's existing AIM disclosures would satisfy US information requirements.Arsen Torosian, Tap CEO, commented:"The deepest pool of digital asset investors in the world is the US, and these investors currently have few options to own Tap. Accessing the OTCID market aims to facilitate that at a time of growing interest in businesses operating within digital asset ecosystems."Approval and admission to trading are expected in the coming weeks. The Company's US ticker symbol will be confirmed in a further announcement at commencement of trading. The Company's ordinary shares will continue to trade on AIM, which remains the Company's primary market. All regulatory announcements will continue to be made through the Regulatory News Service. Admission remains subject to the approval of OTC Markets and the satisfaction of customary conditions, and there is no certainty that the application will be approved. A further announcement will be made in due course.For further information, please contact:Enquiries:Tap Global Group plcArsen Torosian, Chief Executive Officervia Vigo ConsultingSPARK Advisory Partners Limited (AIM Nominated Adviser)Andrew Emmott / Angus Campbell+44 (0)20 3368 3555Cavendish Capital Markets (Joint Broker)Adrian Hadden / George Lawson (Corporate Finance)Dale Bellis / Jason Trill (Sales & Corporate Broking)+44 (0)20 7220 0500AlbR Capital (Joint Broker)Gavin Burnell / Jon Belliss / Colin Rowbury+44 (0)20 7469 0930Vigo Consulting (Investor Relations)Ben Simons / Amelia Thorn / Georgina [email protected]+44 (0)20 7390 0230Investor website: investor.tap.globalAbout Tap Global Group plcTap Global Group plc bridges the gap between traditional finance and blockchain technology. It offers over 400,000 registered individual and business customers an innovative and fully integrated fiat payments and cryptocurrency settlement service including access to several major cryptocurrency exchanges. Through the Tap app, customers can trade over 70 cryptocurrencies and store them directly in their customer wallet, while benefiting from proprietary AI middleware for real-time best-execution and pricing.Tap Group's European business, Tap Global Limited, was the first cryptocurrency FinTech company to be approved by Mastercard in Europe. Through the Tap card, European users can convert their cryptocurrencies to fiat and spend at more than 37 million merchant locations worldwide. Tap Global Limited is registered in Gibraltar and licensed and regulated by the Gibraltar Financial Services Commission under the DLT with licence No. 25532. Tap's Bulgarian subsidiary has been granted a VASP registration by the National Revenue Agency of Bulgaria in order to qualify for the EU MiCA regulations grandfathering provisions.Forward-Looking StatementsThis announcement contains forward-looking statements; actual results may differ materially. Admission to trading on the OTCID market is subject to approval by OTC Markets Group and there is no certainty that the application will be approved. This announcement does not constitute an offer of securities in the United States or any other jurisdiction, nor an invitation to engage in investment activity.This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.  END  MSCFZGMRFRVGVZM

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