Petroleum Africa
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Monday, June 15, 2015
African Petroleum advised that the shares of the company have been listed on the open market of the Frankfurt Stock Exchange under the WKN, German Securities identification code A1C1G9.
The company said that the open market is not an organized market in the sense of the German Securities Trading Act (WpHG-Wertpapierhandelsgesetz) and that there are no ongoing obligations for the company in respect to the listing on the open market. The Directors believe that a listing on the Open Market may result in the company’s shares obtaining an additional trading avenue with possible benefits of enhancing share trading liquidity.
Stuart Lake, African Petroleum’s CEO commented: “Further to recent investor roadshows by the Company in Germany and Switzerland we are pleased to learn that our shares have been listed on the Open Market of the Frankfurt Stock Exchange, as this will facilitate easier access to trading in our shares by retail investors in these countries where we know there to be existing demand.”
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