Subject: Delisting; Archer Daniels Midland Company applies for a revocation of the admission of its shares to the regulated market (General Standard) of the Frankfurter Wertpapierbörse
CHICAGO--(BUSINESS WIRE)--Archer Daniels Midland Company (ADM; ISIN: US0394831020; WKN: 854161)
has decided on February 24, 2015 to apply for a revocation of the
admission of ADM’s shares to the regulated market (General Standard) of
the Frankfurter Wertpapierbörse (FWB), in order to minimize the costs
and administrative burdens which outweigh the economic benefits
accompanying this listing. The application pursuant to sec. 39 para. 2
German Stock Exchange Act (Börsengesetz) in conjunction with sec. 46
Exchange Rules for the FWB (Börsenordnung für die Frankfurter
Wertpapierbörse) has been filed today. The FWB will in a short time
decide about the application for the revocation of the admission and its
date of entry into force. Upon effectiveness of the revocation of the
admission ADM’s shares cannot be traded on the regulated market (General
Standard) of FWB anymore.
The existing listings of ADM’s shares at the regulated unofficial
markets of the Stock Exchanges in Berlin, Düsseldorf, Munich and
Stuttgart shall not be terminated on ADM’s initiative. Moreover ADM
plans to uphold the listing of its shares at New York Stock Exchange.
Archer-Daniels-Midland Company
D.C. Findlay
Senior Vice President, General Counsel & Secretary
312-634-8484
Cameron.Findlay@adm.com
West Wacker Drive, Suite 4600
Chicago, IL 60601