Press Release | 21 January 2013 16:21
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PRESS RELEASE Funkwerk AG plans transfer to open market Share soon to be listed in m:access segment of Munich Stock Exchange Kölleda, 21 January 2013 – The Executive Board and the Supervisory Board of Funkwerk AG, Kölleda, decided today to transfer the listing of its shares from the Prime Standard segment of the regulated market at the Frankfurt Stock Exchange to the m:access trading segment within the open market of the Munich Stock Exchange. Funkwerk will be initiating the transfer by applying for admission of its share to the regulated market of the Munich Stock Exchange and subsequent listing in the m:access trading segment. Once its share is admitted to the regulated market of the Munich Stock Exchange, the company will then file an application with the Frankfurt Stock Exchange for cancellation of its listing in the regulated market. The request for delisting is expected to be accepted. Funkwerk's shares will subsequently be traded exclusively in the m:access segment within the open market of the Munich Stock Exchange. Funkwerk has opted to change segments primarily as this will significantly lower its costs. The company also believes that the quality segment of the open market (m:access) is better suited to its corporate structure. While the transparency standards in m:access will give regard to the shareholders' interests, this move will also ensure the continued marketability of Funkwerk's share. For further information please contact:
Funkwerk AG
End of Media Release Issuer: Funkwerk AG Key word(s): Special Topics 21.01.2013 Dissemination of a Press Release, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
| Language: | English | |
| Company: | Funkwerk AG | |
| Im Funkwerk 5 | ||
| 99625 Kölleda | ||
| Germany | ||
| Phone: | +49 (0)3635 600 0 | |
| Fax: | +49 (0)3635 600 507 | |
| E-mail: | info@funkwerk.com | |
| Internet: | www.funkwerk.com | |
| ISIN: | DE0005753149 | |
| WKN: | 575314 | |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart | |
| End of News | DGAP-Media |
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| 199514 21.01.2013 |