Ad-hoc | 8 July 2010 16:34
CeoTronics AG / Strategic Company Decision
08.07.2010 16:34
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Rödermark, July 8, 2010 - The Board of management and the advisory board of
the CeoTronics AG Audio Video Data Communication (ISIN: DE0005407407),
Adam-Opel-Straße 6, 63322 Rödermark, Germany, today decided to apply to
switch from the Prime Standard to the Entry Standard (Open Market) of the
Frankfurt Stock Exchange, via a listing partner. To initiate this change
within the next days CeoTronics AG will submit an application for
revocation of the admission to the Regulated Market of the German Stock
Exchange (Deutsche Börse). After the deadline for the execution of the
cancellation has passed the trade of shares of CeoTronics AG should
continue in the Entry Standard of the Frankfurt Stock Exchange.
The Entry Standard is subject to the regulations of the Frankfurt Stock
Exchange.
With this move CeoTronics AG intends to switch to the marked segment of the
Stock Exchange most suitable to the company structure. Compared to the
current market segment the company will at the same time significantly
reduce listing costs and expenses.
The company will continue to provide transparent information to their
shareholders on their website. To further ensure the continuity of the
reporting the accounting of the company will be continued in accordance
with International Financial Reporting Standards (IFRS).
Further information:
CeoTronics AG Audio Video Data Communication
Investor Relations, Adam-Opel-Straße 6, 63322 Rödermark, Germany
Tel: +49 6074 8751-722, Fax: +49 6074 8751-720
E-Mail: chairman@ceotronics.com, Internet: http://www.ceotronics.com
08.07.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: CeoTronics AG
Adam-Opel-Straße 6
63322 Rödermark
Deutschland
Phone: +49 (0)6074 8751-724
Fax: +49 (0)6074 8751-720
E-mail: investor.relations@ceotronics.com
Internet: www.ceotronics.com
ISIN: DE0005407407
WKN: 540740
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart, Hamburg
End of News DGAP News-Service
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