Terex Material Handling & Port Solutions AG
Demag Cranes AG applies for admission to the General Standard to be revoked and plans to switch listing to the Entry Standard
Demag Cranes AG / Key word(s): Delisting 29.08.2012 13:41 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. --------------------------------------------------------------------------- Today, the Management Board of Demag Cranes AG (WKN DCAG01, ISIN DE000DCAG010) decided to apply for admission of the Company's shares to be revoked from the General Standard segment of the regulated market. A corresponding application will be submitted today to Deutsche Börse AG, Frankfurt am Main. The withdrawal of the shares from this segment can take effect six months after it is published on the Frankfurt Stock Exchange website. In addition, the Management Board has resolved to submit an application for the shares to be included in the Entry Standard of the Open Market of the Frankfurt Stock Exchange. This is aimed to occur at the same time as the withdrawal from the regulated market takes effect. In the view of the Management Board, the Entry Standard is the most suitable segment to match the costs of the stock listing to the current shareholder structure. At the same time, the Entry Standard ensures that the shareholders are offered a high level of transparency. Düsseldorf, 29 August 2012 Demag Cranes AG The Management Board 29.08.2012 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: Demag Cranes AG Forststraße 16 40597 Düsseldorf Germany Phone: +49 (0)211 7102 -1218 Fax: +49 (0)211 7102 -1215 E-mail: ir@demagcranes-ag.com Internet: www.demagcranes-ag.com ISIN: DE000DCAG010 WKN: DCAG01 Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Düsseldorf, Hamburg, Hannover, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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