PR Newswire aims its new service at dual-listed firms

PR Newswire has launched a service specifically to meet stiff new disclosure regulations in the UK and US.

Entitled Premium Disclosure, the service follows regulations brought in by last year's Sarbanes-Oxley Act in the US, which tightened up rules on company communications with investors.

Premium Disclosure is aimed at firms with dual listings and runs alongside PR Newswire's existing disclosure service, launched last April.

Announcements are sent directly to the UK's Press Association and US media via Premium Disclosure, alongside global distribution to a million retail and institutional investors through Reuters, Bloomberg, Thomson First Call's newswire and investor websites.

PR Newswire said the service is in response to a customer survey, which found clients need a service to cover UK and US requirements.

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