New York, New York– December 15– PensionBee Group plc (LON: PBEE), a leading online retirement savings provider, has announced its qualification to trade on the OTCQX® Best Market under the ticker symbol PBNYF. The move grants greater access and flexibility to U.S. investors following the company’s expansion into the world’s largest defined contribution (DC) market.
PensionBee will continue to trade primarily on the London Stock Exchange, with access to OTCQX available under rule 12g3-2(b). OTCQX quotation enhances PensionBee’s visibility among U.S. institutional and retail investors, offering a clear path for direct participation as PensionBee continues to scale its U.S. business.
"We’re pleased to announce PensionBee’s OTCQX qualification which comes as a direct response to U.S. investor demand,” commented Romi Savova, Founder and CEO of PensionBee. “Trading in U.S. dollars offers greater flexibility and simplicity as we ramp up global operations. The London Stock Exchange will continue to serve as the home of our listing and our primary trading venue, with OTCQX providing a complementary route for US investors."
Admission to OTCQX is reserved for companies that demonstrate strong financial criteria and adhere to corporate governance best practices, including high standards of disclosure and governance consistent with the Company's obligations as an LSE-listed issuer and U.S. securities laws.
PensionBee deployed its award-winning online retirement proposition and proprietary technology to U.S. savers in 2024, enabling Americans to easily consolidate and roll over their 401(k) plans and IRAs into one of five PensionBee IRAs, built with State Street ETFs like SPY and MDY.
About PensionBee
PensionBee (LON:PBEE) (OTCQX:PBNYF) is a leading retirement savings provider, helping people easily consolidate, manage, and take control of their retirement savings. The company manages over $9 billion in assets and serves approximately 300,000 customers globally, with a focus on simplicity, transparency, and accessibility. PensionBee offers Traditional, Roth, SEP and Safe Harbor IRAs with ETF-backed portfolios that include SPY and MDY from State Street Investment Management, one of the world’s largest asset managers. PensionBee is a publicly traded on the London Stock Exchange with U.S. shares available on OTCQX.
Notes
The information provided in this announcement, including any projections for investment returns and future performance, is for informational and educational purposes only and should not be considered investment advice. Past performance is not indicative of future results. All investments carry risk, including the potential loss of principal. PensionBee is not liable for any losses or damages arising from the use of this information. Projections and forecasts are based on assumptions and current market conditions, which are subject to change.
