Tesco Becomes Latest European Large Cap to Trade on OTC Markets in New York

Group 1 - OTC Markets Group Inc. announced that Tesco PLC has qualified to trade on its OTCQX® Best Market, providing US investors access to one of the UK's largest grocery retailers [1] - Tesco's listing on OTCQX reflects a trend among established European companies to engage more with US investors, with notable issuers like London Stock Exchange Group and Bayer AG also choosing OTCQX in 2025 [2] - The OTCQX platform is seen as a solution to challenges in European capital markets, such as valuation discounts and reduced domestic liquidity, allowing companies to attract US investors without abandoning local exchanges [3][4] Group 2 - OTC Markets Group operates regulated markets for trading 12,000 US and international securities, with a focus on providing efficient access to US financial markets [5] - The OTCQX Best Market offers a cost-effective way for international companies to reach US investors while maintaining their local market presence [4] - Tesco PLC is a multinational grocery retailer headquartered in the UK, serving millions of customers across various countries [7]