from OTI Greentech AG (isin : DE000A0HNE89)
EQS-Adhoc: OTI Greentech AG: Application for delisting from the open market of the Düsseldorf Stock Exchange resolved
EQS-Ad-hoc: OTI Greentech AG / Key word(s): Delisting
OTI Greentech AG: Application for delisting from the open market of the Düsseldorf Stock Exchange resolved
30-Dec-2024 / 16:16 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.
Publication of inside information pursuant to Article 17 MAR
OTI Greentech AG: Application for delisting from the open market of the Düsseldorf Stock Exchange resolved
Berlin, December 30, 2024 - Following a joint meeting with the Supervisory Board, the Management Board of OTI Greentech AG ("Company") has decided to apply for the delisting of the Company's shares (ISIN DE000A2TSL22) from the general open market of the Düsseldorf Stock Exchange. The Management Board of the company will shortly send a corresponding letter to BÖAG Börsen AG applying for delisting. In accordance with BÖAG Börsen AG's terms and conditions for over-the-counter trading on the Düsseldorf Stock Exchange, the delisting will take place six months after the end of the month in which the application was submitted. The management of the Düsseldorf Stock Exchange will decide on the company's application for delisting. Trading in the shares of OTI Greentech AG on the general open market of the Düsseldorf Stock Exchange is therefore expected to end at the close of trading on June 30, 2025.
The decision to delist was made because the economic benefit of including the company's shares in the open market on the Düsseldorf Stock Exchange no longer justifies the associated costs. The delisting is expected to reduce the company's future administrative and cost expenses.
End of Inside Information
Information and Explanation of the Issuer to this announcement:
Explanatory part
Contact:
OTI Greentech AG
Dr. John C. Kisalus, CEO
info@oti.ag
Phone +49 30 887 865 62
Friedrichstrasse 79
10117 Berlin
edicto GmbH
Ralf Droz
rdroz@edicto.de
Phone +49 69 905505-51
Eschersheimer Landstr. 42-44
60322 Frankfurt
30-Dec-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
| Language: | English |
| Company: | OTI Greentech AG |
| Friedrichstraße 79 | |
| 10117 Berlin | |
| Germany | |
| Phone: | +49 30 887 865 62 |
| Fax: | +49 30 690 884 88 |
| E-mail: | info@oti.ag |
| Internet: | www.oti.ag |
| ISIN: | DE000A2TSL22 |
| WKN: | A2TSL2 |
| Listed: | Regulated Unofficial Market in Dusseldorf |
| EQS News ID: | 2059237 |
| End of Announcement | EQS News Service |
2059237 30-Dec-2024 CET/CEST