Meinl European Land
St Helier Jersey (euro adhoc) -
21 November 2007
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companies/Announcement
Meinl European Land would like to respond as follows to the press statement of the Austrian Financial Market Authority [FMA] issued on 21 November 2007 at 13.00 hours, in reply to MEL´s Adhoc release of today: The FMA´s view, that it has not stated that the supervised Vienna Stock Exchange has contributed to the dissemination of misleading information, is clearly not in line with the text of the ruling.
In its ruling the FMA among others expressly states, that "the fact, that the Vienna Stock Exchange had on its homepage described the MEL certificates as shares ... led the knowledgeable, reasonably informed investor to believe that shares of MEL were listed on the Vienna Stock Exchange" which in the view of the FMA is misleading.
Next to the FMA-approved prospectus of the issuer, which makes a crystal clear and unambiguous distinction between shares and certificates, which knowledge is to be imputed to every investor - the Vienna Stock Exchange is a major source of information for investors.
end of announcement euro adhoc 21.11.2007 15:47:17
Further inquiry note:
Dr. Herbert Langsner
+43 676 840 531 250
Branche: Real Estate
ISIN: AT0000660659
WKN: 066065
Index: Prime.market
Börsen: Wiener Börse AG / official market