aleo solar AG i.L. intends to move from Prime Standard to the OTC market
aleo solar AG i.L., whose shares are currently traded in the Prime Standard segment of the Regulated Market on the Frankfurt Stock Exchange, today announced its intention to withdraw its shares from the Regulated Market shortly and at the same time apply for admission of its shares to the OTC market of the Hamburg and Munich stock exchanges.
aleo solar AG i.L.
Share
Subject to the approval of the appropriate stock exchange committees, the liquidators anticipate OTC trading of the shares to commence in the first half of 2015.
The company's Supervisory Board has approved the decision of the liquidators.
The company has been in liquidation since 1 May 2014. The liquidators expect the move to result in a substantial reduction of the costs and administrative work required for listing and financial reporting.
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