Product category:
General Print Supplies, Services for Printers
News Release from: Oce Printing Systems
Edited by the Printingtalk Editorial
Team on 24 January 2008
Oce To De-List Shares In Germany And
Switzerland
Oce said it intends to voluntarily terminate the listings of its ordinary shares for quotation on the Stock Exchanges in Germany (Frankfurt and Dusseldorf) and Switzerland (SWX Swiss Exchange).
The company has also filed a request for de-listing with the relevant Stock Exchanges Oce said that its shares are thinly traded in Germany and Switzerland and represent less than 0.29 per cent and 0.05 per cent, respectively of all trading in the company over the past 12 months
The company added that maintaining multiple listings and multi-jurisdictional filings produces burdens and costs that outweigh the benefits.
The company's ordinary shares will continue to be listed for trading in Amsterdam (NYSE Euronext).
Oce added that it will continue to make available all of its annual and quarterly information, as well as any other information that is required under Dutch law or under the NYSE Euronext rules, to its investors through its website.
The company will also continue to host all of its regular investor relations activities, analyst meetings and road shows.
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