Danka to Begin Trading...18 Dec 2007 00:56
Danka to Begin Trading on the OTC Bulletin Board on December 18, 2007
Company's Primary Listing of Ordinary Shares Remains on London Stock Exchange
Danka Business Systems PLC (OTCBB: DANKY), whose primary listing of its ordinary shares is on the London Stock Exchange, today announced that its American Depositary Shares ("ADSs") will be available for trading on the Nasdaq-operated Over-the-Counter Bulletin Board ("OTCBB"), when the market opens on December 18, 2007. The company will trade under its same ticker symbol "DANKY." As previously announced, Danka voluntarily delisted its ADSs from the Nasdaq Capital Market. Trading ended on the Nasdaq Capital Market effective today.
The Company's ordinary shares are unaffected by this action and will continue to trade on the London Stock Exchange. In addition, the Company will continue to file its periodic filings as required by the Securities and Exchange Commission.
The OTC Bulletin Board is neither a "listed" market nor a "stock exchange." Instead, it operates as a voluntary electronic quotation system that allows market makers to enter quotations in a security and offers investors real-time access to quotes, last-sale prices and volume information in over-the-counter equities. Information on the OTCBB can be found at www.otcbb.com.