Vienna Stock Exchange News

Wiener Börse Ends Prime Market Agreement with Meinl European Land Ltd.

 

(Vienna) Wiener Börse AG has terminated its Prime Market contract with Meinl European Land Ltd. (MEL). In the opinion of Wiener Börse, MEL has acted against the interests of the prime market and its participants by failing to disclose sufficient information. To give MEL the chance of an orderly retreat from the prime market, the securities will be switched to the market segment “ standard market continuous” as of the end of the next trading day in options and financial futures contracts, i.e., 21 December 2007. As of this time, MEL will also be removed from the ATX Prime index. This does not affect the listing of MEL on the Official Market.

It is not ruled out that MEL can join the prime market again at a later point in time.