Site Search

DEUTSCH All Languages

Companies in the News

Design Hotels AG (MUC:LBA) Suspends Xetra Continuous Trading Facility Till Further Notice

Design Hotels AG (MUC:LBA) Corporate news announcement processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- --------------

Berlin - 19th January 2009. Design Hotels AG (Regulated Market, Munich: LBA; ISIN: DE0005141006) today announces it will suspend the continuous trading facility for its shares on Xetra from 1st February 2009 till further notice. Main reason has been the very limited trading volume in the Company's shares over the past few months. Management believes that the benefits of transparency and liquidity currently do not outweigh the costs related to maintaining the continuous trading facility on the Deutsche Börse AG platform.

Management does intend to reinstate the continuous trading facility when conditions change. The shares of Design Hotels AG remain tradable at the stock exchanges in Munich, Frankfurt, Berlin, Hamburg and Stuttgart as well as through a daily auction on Xetra.

Contact: Design Hotels AG Claus Sendlinger (CEO) Stralauer Allee 2c 10245 Berlin P +49 (0)30 88 494 00 01 F +49 (0)30 259 330-17 ir@designhotels.com

Schwarz Financial Communication Frank Schwarz P +49 (0)611 17453 9811 F +49 (0)611 17453 9829 schwarz@schwarzfinancial.com

Design Hotels AG (formerly: lebensart global networks AG) is an integrated provider of communication and positioning services and acts as a consultant for individually managed hotels and small hotel groups. The service range of design hotels begins with the concept for a hotel. Clients of design hotels AG can choose from a modular service portfolio. With the brand Design Hotels(TM) the company currently represents and markets a unique collection of over 170 individual hotels in more than 40 countries. Through its marketing and communication activities Design Hotels AG forms the connection between the member hotel and a global clientele looking for self-determination and individuality.

www.designhotels.com, ISIN: DE0005141006, Munich Stock Exchange (Regulated Market)

--- End of Message ---

Design Hotels AG Stralauer Allee 2c Berlin Germany

WKN: 514100; ISIN: DE0005141006; Listed: Freiverkehr in Frankfurter Wertpapierbörse, Freiverkehr in Börse Berlin, Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Geregelter Markt in Bayerische Börse München;

LINK: http://hugin.info/136390/R/1282948/287158.pdf

Design Hotels AG
http://www.designhotels.com

ISIN: DE0005141006

Stock Identifier: XMUN.LBA

Verbundene Unternehmen

Design Hotels AG

ABN Newswire Diese Seite wurde besucht: (letzten 7 Tagen: 2) (letzten 30 Tagen: 14) (seit Veröffentlichung: 1552)