JoWooD Productions Software AG
euro adhoc: JoWooD Productions Software AG
JoWooD reports return to
the prime market segment of the Vienna Stock Exchange (E)
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
The Vienna Stock Exchange (Wiener Börse AG) has agreed after the receipt of a "Specialist-Commitment" of Capital Bank to re-list JoWooD Productions Software AG, a company presently registered in the Standard Market / Auctions segment of the Vienna Stock Exchange, in the Prime Market segment and the ATXPrime index effective Monday, October 20., 2003.
In addition to the successful restructuring of the JoWooD Group including a re-focusing on the companys core competency - the development of titles with international top ten potential - JoWooDs re-listing in the Prime Market segment is further evidence of the capital markets approval of the recent developments at JoWooD.
JoWooD expects that the re-listing in the Prime Market will increase the stocks turnover and its attractiveness to international investment funds, resulting in a fair development of the stock price accurately reflecting the companys turn around and its strategic re-positioning.
According to the Vienna Stock Exchange no company has ever before managed to re-enter the Prime Market segment.
"We are very happy about this accomplishment - both for our investors and for the company. JoWooD is the first company in the history of the Vienna Stock Exchange to have achieved a return to the Prime Market. This clearly reflects the extraordinary Development of JoWooD within the past nine months", said Dr. Michael Pistauer, CFO to JoWooD AG.
end of announcement euro adhoc 02.10.2003
Further inquiry note:
JoWooD Productions Software AG
Dr. Michael Pistauer, Vorstand.
Karin Kraberger, Investor Relations Manager
Tel.: +43 (0)3614 2966 1015
mailo:investor@jowood.com
http://www.jowood.com
Branche: Software
ISIN: AT0000747357
WKN: 074735
Index: ATX Prime, ViDX, WBI
Börsen: Wiener Börse AG / official dealing
Berliner Wertpapierbörse / free trade
Bayerische Börse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Frankfurter Wertpapierbörse / free trade