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Tecnoglass To List On Colombia’s BVC In Addition To Its Existing US-Based NASDAQ Offering

Posted On December 29, 2015
By : Loren Moss
Comment: Off
Tag: barranquilla, bolsa de valores de colombia, bvc, bvc:TGLSC, christian daes, christian daes abuchaibe, colombia, colombia stock exchange, glass, josé m. daes, jose manuel daes, nasdaq, nasdaq:tgls, nyse:tgls, plate glass, technoglass, tecnoglass, tgls, tglsc, yuyo daes

Tecnoglass, Inc. (NASDAQ: TGLS), the $200 Million+ USD Barranquilla based manufacturer of architectural glass, windows, and associated aluminum products for the global residential and commercial construction industries, has announced that effective January 6, 2016, the company’s ordinary shares will be listed on Colombia’s Stock Exchange, the Bolsa de Valores de Colombia. The ticker symbol has not been assigned yet. The Colombia listing will be secondary to Tecnoglass’ primary listing on the  US-based NASDAQ Stock Market.

Update: The Bolsa de Valores de Colombia (BVC) stock exchange has assigned Tecnoglass the ticker symbol: TGLSC

“Our listing on the Colombia Stock Exchange will allow us the opportunity to elevate Tecnoglass’ profile in our home country, expand our investor base, and enhance trading liquidity. We are very proud of our Colombia roots, and look forward to providing local investors with the ability to participate in the growth of our Company,” said José M. Daes, Chief Executive Officer of Tecnoglass (pictured above, right, next to Christian Daes,  President).

Tecnoglass is the leading architectural glass company in Latin America, providing windows and aluminum products for the global residential and commercial construction industries. Tecnoglass operates out of a 2.3 million square foot vertically-integrated, manufacturing complex, and sells to roughly 800 customers in North, Central and South America, with the United States accounting for approximately 51% of Company revenues in 2014.

 

Photo credit: https://imgur.com/user/josemanueldaes

correct: Tecnoglass  alt sp: Technoglass

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About the Author
Loren Moss is the founder and publisher of Finance Colombia. He has over 20 years of international business experience, including over a decade of experience in securities, insurance, and commercial real estate, at the institutional and international level.
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