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IKB Deutsche Industriebank AG: IKB to file for delisting of shares
735 
0 KommentareIKB Deutsche Industriebank AG / Key word(s): Delisting
25.02.2016 16:46
Dissemination of a Corporate News, transmitted by DGAP - a service of EQS
Group AG.
The issuer / publisher is solely responsible for the content of this announcement.
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IKB to file for delisting of shares
[Düsseldorf, 25 February 2016] With the approval of the Supervisory Board,
the Board of Managing Directors of IKB Deutsche Industriebank AG has
resolved to promptly file for the delisting of IKB shares (ISIN: DE
0008063306) on the open market (Primärmarkt) of the Düsseldorf stock
exchange and to terminate the listing in the Entry Standard of the
Frankfurt stock exchange. The delisting applies to trading on all stock
exchanges on which the share was included at the instigation of IKB.
In particular, IKB is expecting to reduce complexity and its administrative
expenses with the intended delisting. Given the low free float of 8.5%,
there has been very limited trading in IKB shares in recent years. 91.5% of
the shares are held by the majority shareholder Lone Star. Shareholders
will be able to trade their shares on the stock markets until the delisting
takes effect. Trading on stock markets is expected to remain possible for
several months following IKB's application and termination.
Contact:
Dr Jörg Chittka, tel.: +49 211 8221-4349;
Armin Baltzer, tel.: +49 211 8221-6236, e-mail: presse@ikb.de
IKB Deutsche Industriebank AG provides loans, risk management, capital
market services and consulting services for small and medium-sized
enterprises in Germany and Europe.
Contact:
Dr. Jörg Chittka, telephone: +49 211 8221-4349; Armin Baltzer, telephone:
+49 211 8221-6236, fax: +49 211 8221-6336, e-mail: presse@ikb.de
25.02.2016 The DGAP 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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Language: English
Company: IKB Deutsche Industriebank AG
Wilhelm-Bötzkes-Straße 1
40474 Düsseldorf
Germany
Phone: +49 (0)211 8221-4511
Fax: +49 (0)211 8221-2511
E-mail: investor.relations@ikb.de
Internet: www.ikb.de
ISIN: DE0008063306
WKN: 806330
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Hanover,
Stuttgart; Open Market (Entry Standard) in Frankfurt
End of Announcement DGAP News-Service
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[Düsseldorf, 25 February 2016] With the approval of the Supervisory Board,
the Board of Managing Directors of IKB Deutsche Industriebank AG has
resolved to promptly file for the delisting of IKB shares (ISIN: DE
0008063306) on the open market (Primärmarkt) of the Düsseldorf stock
exchange and to terminate the listing in the Entry Standard of the
Frankfurt stock exchange. The delisting applies to trading on all stock
exchanges on which the share was included at the instigation of IKB.
In particular, IKB is expecting to reduce complexity and its administrative
expenses with the intended delisting. Given the low free float of 8.5%,
there has been very limited trading in IKB shares in recent years. 91.5% of
the shares are held by the majority shareholder Lone Star. Shareholders
will be able to trade their shares on the stock markets until the delisting
takes effect. Trading on stock markets is expected to remain possible for
several months following IKB's application and termination.
Contact:
Dr Jörg Chittka, tel.: +49 211 8221-4349;
Armin Baltzer, tel.: +49 211 8221-6236, e-mail: presse@ikb.de
IKB Deutsche Industriebank AG provides loans, risk management, capital
market services and consulting services for small and medium-sized
enterprises in Germany and Europe.
Contact:
Dr. Jörg Chittka, telephone: +49 211 8221-4349; Armin Baltzer, telephone:
+49 211 8221-6236, fax: +49 211 8221-6336, e-mail: presse@ikb.de
25.02.2016 The DGAP 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: IKB Deutsche Industriebank AG
Wilhelm-Bötzkes-Straße 1
40474 Düsseldorf
Germany
Phone: +49 (0)211 8221-4511
Fax: +49 (0)211 8221-2511
E-mail: investor.relations@ikb.de
Internet: www.ikb.de
ISIN: DE0008063306
WKN: 806330
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Hanover,
Stuttgart; Open Market (Entry Standard) in Frankfurt
End of Announcement DGAP News-Service
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