Dow Jones received a payment from EQS/DGAP to publish this press release.
DGAP-Media / 2018-11-22 / 15:30
_Munich, November 22, 2018_ - CEO of SKW Stahl-Metallurgie Holding AG with
approval of the Trustee has applied to change the SKW share from Prime
Standard Segment into General Standard Segment of the German Stock Exchange.
Such change will presumably take effect by end of February 2019. Issuers in
General Standard also comply with the high transparency regulations of the
Regulated Market. The marketability of the SKW share will not be impaired by
such change.
Relevant for such decision was to reduce the running costs for stock listing
of a company that is undergoing an insolvency procedure in self
administration.
*Contact*
Frank Elsner
Frank Elsner Kommunikation für Unternehmen GmbH
Telefon: +49 89 99 24 96 30
E-Mail: office@elsner-kommunikation.de
Internet: www.skw-steel.com [1]
*About SKW Stahl-Metallurgie Holding AG and the SKW Metallurgie Group*
The SKW Metallurgie Group is a global market leader for chemical additives
for hot metal desulphurization and for cored wire and other products for
secondary metallurgy. The Group's products enable steel-makers to
efficiently manufacture high-quality steel products. Clients include the
world's leading companies in the steel industry. The SKW Metallurgie Group
has more than 50 years of metallurgical know how, and currently operates in
more than 40 countries. What is more, the Group is a leading supplier of
Quab specialty chemicals, which are mainly used in the global production of
industrial starch for the paper industry. The SKW Metallurgie Group is
headquartered in Germany with production facilities in France, the US,
Canada, Mexico, Brazil, South Korea, Russia, the Peoples' Republic of China
and India (joint venture). Shares of SKW Stahl-Metallurgie Holding AG have
been listed in Frankfurt Stock Exchange's Prime Standard since December 1,
2006; since 2011 (conversion to name shares) with ISIN DE000SKWM021.
*Disclaimer*
This press release may include certain forward-looking statements which are
based on currently available assumptions and predictions of the SKW
Metallurgie Group's management as well as on other currently available
information. Various identified as well as unidentified risks and
uncertainties as well as other factors may result in a deviation of actual
results, financial situation, development or achievement of the company
compared to the assessments made herein. SKW Stahl-Metallurgie Holding AG
does not intend and assumes no liability to update such forward-looking
statements and to adjust them to future events and developments.
End of Media Release
Issuer: SKW Stahl-Metallurgie Holding AG
2018-11-22 Dissemination of a Press Release, transmitted by DGAP - a service
of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: SKW Stahl-Metallurgie Holding AG
Prinzregentenstr. 68
81675 München
Germany
Phone: +49 (0)89 5998923-0
Fax: +49 (0)89 5998923-29
E-mail: info@skw-steel.com
Internet: www.skw-steel.com
ISIN: DE000SKWM021
WKN: SKWM02
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP Media
750193 2018-11-22
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=e1533592b5009e9827df96a86baf969c&application_id=750193&site_id=vwd&application_name=news
(END) Dow Jones Newswires
November 22, 2018 09:30 ET (14:30 GMT)
