Public disclosure of inside information according to article 17 MAR
CAG International AG: Corporate News
Baar (pta039/15.03.2023/20:14 UTC+1)
Press Release / Corporate News Baar/Switzerland, 15 March 2023
CAG International AG: Delisting of CAG International AG from Vienna Stock Exchange
CAG International AG, headquartered in Baar/Switzerland, was informed by the Vienna Stock Exchange that the inclusion of the registered shares of CAG International AG in the Vienna MTF of the Vienna Stock Exchange will be revoked. The decision was taken in accordance with the rules and regulations of the Vienna MTF. The last trading day will be on Thursday, 6 April 2023.
The technical delisting decision was taken as delays prevented to deliver recently issued shares in time. Thus, CAG International AG could not comply with the regulations of the Vienna MTF.
"Despite our best efforts, CAG International AG could not accelerate the KYC requirements of the banks. This prevented us from delivering our recently issued shares within a proper timeframe. We acknowledge the delisting decision with great regret and are working hard to clarify the next steps. We will of course keep our shareholders informed", says CAG's founder Hans Amell. His statement is seconded by CAG Board Member, Matthew Shalash.
The management is working on the details and will publish updates and relevant information for shareholders on the company's website: www.caginternationalag.com
"Although the delisting due to these technical reasons is obviously a major setback, we are actively pursuing our business plan that focuses on our proven Business Agility tools and consulting for just such an environment."
Requests:
Kurt Larsson
CAG International AG
Email: investors@caginternationalag.com
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Emitter: |
CAG International AG Zugerstrasse 74 6340 Baar Switzerland |
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Contact Person: | Kurt Larsson | |
E-Mail: | info@caginternationalag.com | |
Website: | www.caginternationalag.com | |
ISIN(s): | CH0505534542 (Share) | |
Stock Exchange(s): | Vienna Stock Exchange (Vienna MTF) |