City Windmills Ltd.
City Windmills, Ltd. Has Been Approved for Listing on the Frankfurt Stock Exchange
City Windmills Ltd. / Key word(s): Regulatory Approval City Windmills, Ltd. Has Been Approved for Listing on the Frankfurt Stock Exchange MANCHESTER, U.K., May 11, 2011 – City Windmills, Ltd. (Frankfurt: CYW) (www.citywindmills.com) announces it has been approved for listing on the Frankfurt Stock Exchange and its electronic trading platform, Xetra. The trading symbol is CYW, the ISIN is GB00B3LWG419 and the WKN is A1H7ME. The Frankfurt Stock Exchange is one of the top ten stock exchanges in the world. It is the largest of Germany’s seven stock exchanges, and is the home of the DAX ‘blue chip’ stock market index. The Frankfurt Stock Exchange is home to public companies from over 80 different countries. ‘We are very excited to have received this approval for City Windmills, Ltd. (CYW). CYW will now have greater opportunities to raise capital, increase trading volume and promote our clean energy small windmills internationally. The listing should heighten CYW’s exposure in Europe and increase access to international brokerage houses and traders. We believe this move will create value for our shareholders,’ says Sean Kelly, Chief Financial Officer. Peter Kazimirski, CEO of City Windmills commented, ‘The listing of CYW on the Frankfurt Stock Exchange represents a major milestone for the company. We are rapidly building out our Advisory Board and look forward to securing commercial agreements in the near future. The listing will bring additional exposure to our company from investors looking for clean energy and small wind companies. We believe the timing is perfect for City Windmills. With oil prices gaining and the Fukushima disaster causing a re-thinking of the nuclear industry, we believe alternative energy and especially small wind will have a very bright future.’ About City Windmills, Ltd. City Windmills, Ltd. is a development stage company focused on the design, development and marketing of a revolutionary clean energy flat panel small windmill system. The City Windmills business model focuses on generating revenues from the production of clean energy through small wind combined with advertising revenues. More information can be found on the corporate website at www.citywindmills.com. This press release may contain ‘forward-looking statements.’ Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements may include, without limitation, statements about our market opportunity, strategies, competition, expected activities and expenditures as we pursue our business plan. CONTACT: Sean Kelly, CFO Suite 72, Carioca Business Park 2, Sawley Road Manchester, Lancashire, M40 8BB, England End of Corporate News 11.05.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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