Canaccord Financial moves to main LSE market

Financial services firm Canaccord's common shares were on Friday admitted to trading on the LSE's main market rather than on AIM.

Financial services firm Canaccord's common shares were on Friday admitted to trading on the LSE's main market rather than on AIM.

"Our move to the LSE official list reflects the growing importance of the UK market to our business," said Paul Reynolds, President and Chief Executive Officer of Canaccord Financial.

"Our UK shareholder base has grown significantly in the last year, and we strongly believe having an LSE main market listing will provide opportunities to broaden our shareholder base in the region even further."

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The share price rose 0.78% to 322.50p by 12:45.

NR