World Markets AG
World Markets AG : Open Market Frankfurt 4WM – Reverse Split
World Markets AG / Key word(s): Corporate Action/AGM/EGM Reverse Split: At the AGM of 11 June 2012 it was resolved that the nominal value of the 7'525'000 common bearer shares in issue is increased from CHF 0.20 to CHF 1.60 by implementing a 1 for 8 reverse split. a. 8 existing common shares are replaced by 1 new common share. b. The par value per share is now CHF 1.60 [previously CHF 0.20]. c. Share capital, number of shares in issue and type of shares: The share capital is CHF 1'505'000.00 and is divided into 940'625 common bearer shares with a par value of CHF 1.60 per share [previously: 7'525'000 common bearer shares with a par value of CHF 0.20 per share]. Odd Lots (maximum 7 shares per shareholder) will be bought by the company at the closing price of the last trading day. ISIN, WKN and Ticker remain unchanged. Last trading: The last trading day for the bearer shares at nominal value of CHF 0.20 will be 29 June 2012. At the opening of trading on 2 July 2012 the new shares, at nominal value of CHF 1.60, will begin trading. More information on: www.world-markets-ag.com End of Corporate News 11.06.2012 News transmitted by EquityStory AG. The issuer is responsible for the contents of the release. EquityStory publishes regulatory releases, media releases on the capital market and press releases. The EquityStory Group distributes authentic and real-time financial news for over 1’300 listed companies. The Swiss news archive can be found at http://www.equitystory.ch/nachrichten |
173484 11.06.2012 |