Trintech receives approval to de-list its American Depositary Shares from the Frankfurt Stock Exchan

Tuesday 22 February 2005 20:29 CET | News

Trintech Group, has announced that its application to revoke the admission of the Company’s American Depositary Shares (ADSs) has been approved by the Frankfurt Stock Exchange.

The revocation will be effective on May 11, 2005. Accordingly, Trintech ADSs will continue to be traded on the Frankfurt Stock Exchange until then. On January 21, 2005, Trintech affirmed its commitment to maintain its listing on the Nasdaq National Market when it announced its application to de-list from the Frankfurt Stock Exchange. The Company confirmed that the decision to de-list from the Frankfurt Stock Exchange is intended to concentrate trading in the stock on one market, and reduce the complexity of reporting requirements and the costs of maintaining a dual listing.

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Categories: Payments & Commerce | Payments General
Countries: World
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Payments & Commerce