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Dyesol Shares to Trade in the U.S.

Dyesol Limited is capturing a leading U.S. market position in glass-based dye solar cell technology, materials and services

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Dyesol Ltd. announced that its Level I American Depositary Receipt (ADR) program has been established. The ADR’s will be quoted on the over-the-counter (OTC) market and are tradeable via licensed U.S. brokers in the ordinary course of trading.

The decision to commit to an ADR program was based on strong investor interest from the USA, particularly after recently reporting progress of the DyeTec Solar joint venture. ADR programs have also been shown to increase liquidity and share value for ASX listed companies.

“This quotation will enable potential investors in the U.S. to more easily access Dyesol shares, and will increase exposure of Dyesol to global solar and advanced technology pricing, similar to our successful experience in trading in Germany on the open market,” noted Richard Caldwell, Dyesol chairman.

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