13.03.2014
GIEAG Immobilien AG DE0005492276
DGAP-News: GIEAG Immobilien AG: Delisting of GIEAG shares at the end of the day on 14 March 2014
DGAP-News: GIEAG Immobilien AG / Key word(s): Delisting
GIEAG Immobilien AG: Delisting of GIEAG shares at the end of the day
on 14 March 2014
13.03.2014 / 17:40
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Delisting of GIEAG shares at the end of the day on 14 March 2014
- Operational performance satisfactory
- Reporting and transparency to be improved
- Return to the capital market at a later time not out of the question
Munich, 13 March 2014: GIEAG Immobilien AG (GIEAG) today announced that
listing of its shares on the stock markets in Frankfurt and Düsseldorf will
cease at the end of the day on 14 March 2014. The delayed submission of its
annual financial statements and management report for 2012 was deemed a
violation of the follow-up inclusion obligations of the Entry Standard
segment by the Frankfurt Stock Exchange. In the meanwhile, all financial
reports up to and including the half-yearly financial statements for 2013
have been submitted to the Frankfurt Stock Exchange and are available
additionally on GIEAG's website at www.gieag.de.
Even as a non-listed company, GIEAG AG will continue to comprehensively
inform its shareholders and the public about the Company's performance by
issuing press releases and half-yearly and annual financial statements as
well as by maintaining the Company's website. GIEAG's declared goal is to
significantly improve its reporting speed going forward. Accordingly, the
annual financial statements for 2013 are scheduled to be published in the
summer of this year. GIEAG has not ruled out returning to the capital
market at a later point in time.
The operational performance of GIEAG was completely satisfactory in the
past financial year, with this trend continuing in 2014. Key projects such
as OASIS II and "Wohnen an der Goethestrasse" are proceeding as planned.
About GIEAG Immobilien AG (GIEAG):
The project development company GIEAG Immobilien AG, which is abbreviated
as GIEAG and was founded in December 1999, supports its clients from the
initial idea, to the financial and realisation of projects, and on to the
sale of the finished property. Its main focus is the realisation of
long-term retailing projects, office buildings, and logistic centres
located primarily in southern Germany. In addition, GIEAG also operates as
an investor for residential real estate with particularly high potential
for development.
GIEAG Immobilien AG
Investor Relations, Philipp Pferschy
Oettingenstrasse 35
80538 Munich
[email protected]
Phone: +49 (0) 89 290516-13
edicto GmbH
Axel Mühlhaus / Dr. Sönke Knop
[email protected]
Phone: +49 (0) 69 905505-52
End of Corporate News
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13.03.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: GIEAG Immobilien AG
Oettingenstrasse 35
80538 München
Germany
Phone: +49 89 290516-0
Fax: +49 89 290516-11
E-mail: [email protected]
Internet: www.gieag.de
ISIN: DE0005492276
WKN: 549227
Listed: Freiverkehr in Düsseldorf; Frankfurt in Open Market (Entry
Standard)
End of News DGAP News-Service
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257373 13.03.2014
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