ebookers plc, Europe`s leading
online travel agency (LSE: EBR, Nasdaq: EBKR, Neuer Markt: eb6), announces
that it will today submit an application to the Deutsche Borse AG and
Frankfurt Stock Exchange to delist from the Frankfurt Stock Exchange.
will result in the delisting of ebookers plc`s American Depositary Shares
(ADSs) from the Neuer Markt and the Geregelter Markt (regulated market).
The company has decided to reduce its listings from three to two in order
to improve the liquidity of its shares.
ebookers plc trades its ADSs on the Neuer Markt. The same ADSs are also
traded on the Nasdaq National Market in the United States. If a delisting is
granted, Neuer Markt investors who hold ebookers` ADSs will be able to trade
the same ADSs on Nasdaq.
Therefore, Neuer Markt ADS holders will not need to take any action with
respect to the delisting, as ADSs will continue to trade on the Nasdaq
ebookers also trades its ordinary shares on the London Stock Exchange.
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