EANS-Adhoc: Century Casinos Plans to Delist from Vienna Stock Exchange
Geschrieben am 22-08-2014 |
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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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other/Company Information
22.08.2014
Colorado Springs, Colorado, August 22, 2014 - Century Casinos, Inc.
(NASDAQ Capital Market® and Vienna Stock Exchange: CNTY) announced
today that the company initiated delisting from the Vienna Stock
Exchange effective September 30, 2014 due to consistently low trading
volume on that exchange. The NASDAQ Capital Market®, where the shares
of the company have been listed since 1994, will remain as the
exclusive stock exchange for the company.
Subject to the final decision of the Vienna Stock Exchange, on
September 30, 2014, the Austrian Depositary Certificates (ADCs) of
the company traded on the Vienna Stock Exchange (ISIN AT0000499900)
will automatically be converted into the corresponding number of
shares in Century Casinos, Inc., tradable on the NASDAQ Capital
Market® (ISIN US1564921005). As before, holders of ADCs may request
to exchange their ADCs for shares of common stock also prior to
September 30, 2014, in accordance with the procedures of the
depositary, bank or broker that holds the ADCs.
In order to ensure proper execution of trades prior to delisting, the
last day of tradability of ADCs on the Vienna Stock Exchange is
expected to be on September 23, 2014.
About Century Casinos, Inc.: Century Casinos, Inc. is an
international casino entertainment company that operates 30 casinos
worldwide. The Company owns and operates Century Casino & Hotels in
Cripple Creek and Central City, Colorado, and in Edmonton, Alberta,
Canada and the Century Casino in Calgary, Alberta, Canada. The
Company also operates casinos aboard 15 luxury cruise vessels
(Regatta, Nautica, Insignia, Marina, Riviera, Mein Schiff 1, Mein
Schiff 2, Mein Schiff 3, Wind Surf, Wind Star, Wind Spirit, Star
Pride, Seven Seas Voyager, Seven Seas Mariner and Seven Seas
Navigator) and the casino on the cruise ferry Nova Star. Through its
Austrian subsidiary, Century Casinos Europe GmbH, the Company holds a
66.6% ownership interest in Casinos Poland Ltd, the owner and
operator of nine casinos in Poland. The Company also manages the
operations of the casino at the Radisson Aruba Resort, Casino & Spa
in Aruba, Caribbean. The Company is currently developing a project in
the north metropolitan area of Calgary, Alberta, Canada that will
include a horse race track and other gaming, restaurant and
entertainment facilities. Century Casinos, Inc. continues to pursue
other international projects in various stages of development.
For more information about Century Casinos, visit our website at
www.centurycasinos.com. Century Casinos' common stock trades on The
NASDAQ Capital Market® and the Vienna Stock Exchange under the symbol
CNTY.
This release may contain "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended,
Section 21E of the Securities Exchange Act of 1934, as amended, and
the Private Securities Litigation Reform Act of 1995. These
statements are based on the beliefs and assumptions of the management
of Century Casinos based on information currently available to
management. Such forward-looking statements include, but are not
limited to, statements regarding delisting of the ADCs, future
results of operations and plans for our casinos and our Company. Such
forward-looking statements are subject to risks, uncertainties and
other factors that could cause actual results to differ materially
from future results expressed or implied by such forward-looking
statements. Important factors that could cause actual results to
differ materially from the forward-looking statements include, among
others, the risks described in the section entitled "Risk Factors"
under Item 1A in our Annual Report on Form 10-K for the year ended
December 31, 2013. Century Casinos disclaims any obligation to revise
or update any forward-looking statement that may be made from time to
time by it or on its behalf.
Further inquiry note:
Century Casinos Europe GmbH
Mag. Peter Hötzinger, CO-CEO
Tel.:0664/3553935
mailto:peter.hoetzinger@cnty.com
http://www.cnty.com
end of announcement euro adhoc
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issuer: Century Casinos,Inc.
c/o Century Casinos Europe GmbH, Untere Viaduktgasse 2
A-1030 Wien
phone: +43/664/3553935
FAX: +43/1/5336363
mail: peter.hoetzinger@cnty.com
WWW: www.cnty.com
sector: Casinos & Gambling
ISIN: AT0000499900
indexes: WBI, ATX Prime
stockmarkets: official market: Wien
language: English
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