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Novavisions AG to Delist All Shares on Frankfurt Stock Exchange

Thursday, 14 Nov 2013 12:11pm EST 

Novavisions AG announced that it has filed to delist all shares (regular delisting) of the Company on the regulated market (General Standard) of the Frankfurt Stock Exchange. The Management Board expects the revocation of the listing of Novavisions shares on the Frankfurt Stock Exchange to become effective in the coming months. Due to the new listing of the shares on the open market of Baden-Wurttembergisch Stock Exchange in Stuttgart, the tradeability of Novavisions share is still provided after the shares will have been delisted from the Frankfurt Stock Exchange. With the change of the trading segment reduced costs are expected, as a listing on the regulated market is associated with more administrational effort and therefore higher costs. 

Company Quote

-1.34 -3.45%
5 May 2015