TMM GDRs Admitted to Trading in Entry Standard of Frankfurt SE
OREANDA-NEWS. May 15, 2012. TMM Real Estate Development Public Limited ("TMM" or "the Company") announces that effectively from today its GDRs are traded in the Entry Standard of the Regulated Unofficial Market Segment of the Frankfurt Stock Exchange.
The upgrade from the First Quotation Board, where TMM's securities were traded before, was arranged by the Company pursuant to reorganization of market segmentation on the Frankfurt Stock Exchange. As part of the listing in the Entry Standard, TMM will now be obliged to fulfill certain requirements, such as issuance of ad-hoc releases and timely financial reports publication.
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