Kässbohrer Geländefahrzeug AG
Kässbohrer Geländefahrz. english
Kässbohrer Geländefahrzeug AG terminates SMAX membership
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Kässbohrer Geländefahrzeug AG, Senden, has decided to withdraw from the SMAX
list with effect from December, 21 2001.
In view of the reduction from 100 to 50 companies in the SDAX by the German
Stock Exchange in the summer of 2002, and the stable shareholder structure with
only limited scatter in share ownership, Kässbohrer’s shares could in any case
expect to be excluded from the index. High costs, for instance due to a
conversion to international accounting standards and support from the
‘designated sponsor’, suggest that no further benefit is likely to accrue from a
continued presence in the SMAX stock-exchange segment.
Kässbohrer Geländefahrzeug AG’s shares will continue to be officially quoted on
the Amtlicher Handel of the Frankfurt Stock Exchange. In future, shareholders
will be supplied with six-monthly company progress reports. This procedure takes
the strongly seasonal nature of the company’s business activities much better
into account than quarterly reports in which short-term developments
predominate.
end of ad-hoc-announcement (c)DGAP 31.10.2001
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WKN: 626200; Index: SDax
Listed: Amtlicher Handel in Frankfurt (SMAX); Freiverkehr in Berlin, Düsseldorf,
Hamburg, München, Stuttgart
312010 Okt 01
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