Thunderbird Resorts Inc.: Stock Market Update
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Thunderbird Resorts Inc. /
Thunderbird Resorts Inc.: Stock Market Update
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PANAMA, REPUBLIC OF PANAMA--(Marketwired - Oct 17, 2014) - Thunderbird Resorts
Inc ("Thunderbird") (FRANKFURT:4TR)(EURONEXT:TBIRD) announces that certain U.S.
intermediaries and brokerage institutions have issued a new policy that may
impact Thunderbird shareholders. These intermediaries and brokerage institutions
offer securities trading, clearing and settlement and have instituted a policy
with respect to their clients' accounts in order to take appropriate action
concerning shares that are priced at less than USD1.00.
Thunderbird has now taken the necessary steps to convert its primary listing
trading currency on the Euronext Amsterdam from U.S. dollars to Euros.
Management believes that this conversion of trading in Euros versus USD may
facilitate trading of our shares in light of the policy change of the U.S.
intermediaries and brokerage institutions which applies to shares that are
priced at less than USD 1.00. We anticipate a suspension of trading of
Thunderbird's shares for 2 trading days beginning October 29, 2014 to allow
final clearing and settlement of USD trades. The conversion on trading currency
from USD to Euro will have no impact on Thunderbird's existing CUSIP number
(G88576106) and ISIN number (VGG885761061) which remain unchanged.
ABOUT THE COMPANY
We are an international provider of branded casino and hospitality services,
focused on markets in Latin America. Our mission is to "create extraordinary
experiences for our guests." Additional information about the Group is available
at www.thunderbirdresorts.com.
Cautionary Notice: This release contains certain forward-looking statements
within the meaning of the securities laws and regulations of various
international, federal, and state jurisdictions. All statements, other than
statements of historical fact, included herein, including without limitation,
statements regarding potential revenue and future plans and objectives of the
Group are forward-looking statements that involve risk and uncertainties. There
can be no assurances that such statements will prove to be accurate and actual
results could differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ materially from the
Group's forward-looking statements include competitive pressures, unfavorable
changes in regulatory structures, and general risks associated with business,
all of which are disclosed under the heading "Risk Factors" and elsewhere in the
Group's documents filed from time-to-time with the AFM and other regulatory
authorities.
Thunderbird Resorts Inc.
Peter LeSar
Chief Financial Officer
(507) 223-1234
plesar(at)thunderbirdresorts.com
www.thunderbirdresorts.com
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Thunderbird Resorts Inc. via GlobeNewswire
[HUG#1863962]
Unternehmensinformation / Kurzprofil:
Datum: 17.10.2014 - 21:54 Uhr
Sprache: Deutsch
News-ID 345055
Anzahl Zeichen: 3784
contact information:
Town:
El Cangrejo, Apartado
Kategorie:
Business News
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