iFOREX Lists 22,186,679 Ordinary Shares Under IFRX Ticker

iFOREX announced today that its entire issued ordinary share capital of 22,186,679 Ordinary Shares has been admitted to the equity shares (commercial companies) category of the Official List of the Financial Conduct Authority and to trading on the main market of London Stock Exchange plc under the ticker “IFRX”.

iFOREX Lists 22,186,679 Ordinary Shares Under IFRX Ticker

The admission covers all 22,186,679 issued Ordinary Shares, each carrying one vote per share. The company confirmed that it does not hold any Ordinary Shares in treasury. As a result, the total number of voting rights in the company is 22,186,679. Shareholders may use this figure as the denominator when determining whether they have to notify an interest in, or a change to an interest in, the company under the FCA’s Disclosure Guidance and Transparency Rules.

The move places iFOREX among companies listed on the London Stock Exchange’s main market for listed securities, subject to the regulatory and reporting framework applicable to companies in the equity shares (commercial companies) category.

Commenting on the development, CEO Itai Sadeh said the admission marks an important step in the company’s growth plans. He described the listing as a proud moment for the business as it advances its ambition to position itself as a global fintech market participant.

Sadeh thanked new investors for their backing and acknowledged employees for their contribution to the company’s progress. He added that interest in the initial public offering reflects the foundation the company has built and its future prospects.

According to Sadeh, iFOREX will continue focusing on its strategic roadmap, proprietary technology, and platform development, alongside its international expansion plans, as it begins trading under the IFRX ticker on the London market.

So, with 22,186,679 Ordinary Shares in issue and an equivalent number of total voting rights, the company now operates within the reporting and disclosure framework applicable to Main Market companies. The listing represents a new phase for iFOREX as it engages with public market investors while continuing to execute its strategic and international plans.

Also, stay updated with the Latest Broker News. Happy Trading!