euro adhoc: Pankl Racing Systems AG / Pankl: Delisting NASDAQ Europe (E)

Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.

Bruck, October 16th, 2003. The Pankl Racing Systems plc develops, produces and sells mechanical system solutions in the area of high technology for worldwide niche markets of motor racing, exclusive vehicles and aviation. The Pankl Racing Systems plc, which had been listed at NASDAQ Europe since 1998, on September 17, 2003 made an official de-listing application to NASDAQ Europe.
The consent of NASDAQ Europe to the delisting was announced today. The reason for the de-listing aimed at is the small trading volume at NASDAQ Europe and the impending shutdown of NASDAQ Europe. The shares of Pankl Racing Systems plc will continue to be listed and traded at the German stock exchange-Prime Standard. Due to the listing at one stock exchange the concentration of the liquidity of the Pankl-shares is focussed on one place of trading. The Pankl share will on October 31st, 2003, be traded at NASDAQ Europe for the last time.
Pankl shareholders can continue to obtain information such as quarterly statements, press reports and other information from the IR-Portal or via the German stock exchange.

Further inquiry note:
Pankl Racing Systems AG
Investor Relations
Mag. Heidrun Sölkner
Tel.: 0043 38 62 33999-114
Tel: 03862 33 999-114
FAX: 03862 33 999-181

Emittent: Pankl Racing Systems AG Kaltschmidstrasse 2-6 AT-8600 Bruck/Mur Tel: 03862 33 999-114 FAX: 03862 33 999-181 Email: WWW: ISIN: AT0000800800 WKN: 914732 Indizes: Prime Standard Börsen: official dealing Frankfurter Wertpapierbörse, Nasdaq Europe

end of announcement euro adhoc

Branche: Technology
Sprache: Englisch