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Leadership
Two new firms begin trading on Irish Stock Exchange
07.12.2009
The Irish exploration companies, Conroy Diamonds and Gold plc and Karelian Diamond Resources plc, will begin trading this morning on IEX, the Irish Stock Exchange’s specialist market for smaller growth companies.
The admission of Conroy and Karelian to IEX increases the number of companies trading on the IEX market to 27.
Deirdre Somers, Chief Executive of the Irish Stock Exchange,welcomed both companies to the IEX.
“It is encouraging to see Irish companies seeking opportunities to grow their businesses in these challenging economic times. The euro trading facility available from the Irish Stock Exchange will provide an opportunity for these companies to attract more euro based investors,” Somers said.
“Admission to IEX is a positive step for Conroy Diamonds and Gold plc and Karelian Diamond Resources plc,” said Professor Richard Conroy, Chairman of both companies.
“The addition of a euro quotation on IEX will facilitate trading in the shares from both Irish and international investors who choose to trade in euro. We expect to expand our investor base as a result of this move to IEX,” he added.
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