Business news for the stock market
iQ Power Licensing AG: Important Notice: Beginning of Trading of shares of iQ Power Licensing AG on 16.Feb.2015
Zug, Schweiz
(pta007/16.02.2015/08:00 UTC+1)
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* Number of Shares will be reduced by a factor of 4 (Reverse Split 4:1)
* Share price value increases by factor of 4
Zug/Switzerland, 16 February 2015 - iQ Power Licensing AG (ISIN: CH00268536338, WKN/Security Number: A14M1C; Symbol IQL) a developer and marketer of technologies for environmentally friendly and technologically innovative starter batteries for motor vehicles and licences in these technologies, announces the beginning of trading on the Berlin Stock Exchange.
Following the merger of iQ Power AG into its 100% subsidiary, iQ Power Licensing AG, new shares of iQ Power Licensing AG have been issued for trading on the Berlin Stock Exchange and the old shares of iQ Power AG have been cancelled.
Shareholders must note that they will have only 25% as many shares as previously due to the reverse split of 4 : 1 which took place with the merger and issuance of new shares. The new common shares of iQ Power Licensing AG are four times more valuable than the previous shares of iQ Power AG.
About iQ Power Licensing AG
iQ Power Licensing AG develops and markets a patented technology for the starter battery. The technology dramatically improves the lifetime, re-charging and reliability of the battery at low costs and no negative technical side-effects.
As a stock corporation, iQ Power Licensing AG is a listed company. The company's common stock securities are traded on the over the counter on the stock exchange in Berlin, (CH00268536338, WKN/Security Number: A14M1C; Symbol IQL PA).
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Emitter: |
iQ Power Licensing AG Metallstrasse 6 6304 Zug Switzerland |
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Contact Person: | Dr. Eva Reuter | |
Phone: | +49 251 9801560 | |
E-Mail: | e.reuter@dr-reuter.eu | |
Website: | www.iqpower.com | |
ISIN(s): | CH0020609688 (Share) | |
Stock Exchange(s): | Free Market in Berlin |