Novasoft AG
Novasoft AG submits petition for moving to the General Standard Segment
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Novasoft AG submits petition for moving to the General Standard Segment
CIBER, Inc. (NYSE: CBR) yesterday announced that after conclusion of the
mandatory offer it now holds or controls a total of 93.5% of the Novasoft AG
shares.
Given the reduced level of Novasoft shares in free float, it has become
decidedly less attractive for institutional and private investors. As such, it
no longer benefits Novasoft AG (ISIN DE0006778905) to meet the additional
obligations arising from admission to the Prime Standard sub-sector on the
Frankfurt Stock Exchange. For this reason, in accordance with Stock Exchange
Rules and Regulations, the Management Board has this day submitted an
application for delisting from the Prime Standard segment, with its additional
obligations. The delisting would become effective three months after
publication thereof by FWB, the Frankfurt stock exchange, and results in the
Novasoft stock being listed in the General Standard segment.
end of ad-hoc-announcement (c)DGAP 25.11.2004
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WKN: 677890; ISIN: DE0006778905; Index:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart
251709 Nov 04
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