Mono Bank PLC obtains Frankfurt Stock Exchange trading symbol
May 18, 2007 (PRLEAP.COM) Business News
London, United Kingdom - May 16th, 2006 6:00 PM BST Mono Bank PLC is pleased to announce that the company has obtained our ticker symbol from the FWB (Frankfurter Wertpapierborse) or Frankfurt Stock Exchange, which represents the primary step in the FWB listing process. MonoBank PLC has received a German Securities Code Number (WKN number) – A0MRLW and will be trading under the ticker symbol – WNW.
This represents the commencement of the listing and filing process and the company anticipates it will take 30 days to complete this process and begin trading on the FWB. The Frankfurt Stock Exchange will provide increased international visibility and allow the company to attract Institutional and Private Investment in Germany, across Europe and around the world. The FWB was founded in 1585 and is the largest of eight German securities exchanges operated by Deutsche Borse AG and ranks as the world’s third largest securities exchange behind NYSE and NASDAQ. Once listed on the FWB, MonoBank plans to apply for a dual listing on the Pink Sheets or NASDAQ OTCBB.
This critical milestone in the company’s development will assist in creating financing opportunities required for the rapid deployment of the MonoBank product marketing strategy for Europe, Asia, the Americas and strategic emerging global markets.
About Mono Bank PLC
Mono Bank PLC, a financial services company domiciled in London, was founded with the vision of providing financial services solutions to sub-prime prospects. The company’s mission is to provide secured lending products to customers who may not qualify for conventional bank unsecured lending products, or whose needs cannot be met by traditional lenders. The company operates in a high profit margin arena given the nature of the loans. Additionally, loans made are secured by profit generating balances which can be collected in the event of loan default.
We know that each customer has specific needs. At Mono Bank PLC, we strive to meet those specific needs with quality service and individual attention. We pride ourselves in giving customers the lending options they are looking for.
Disclaimer & Safe Harbor Statement:
This release includes forward looking statements, which are based on certain assumptions and reflects management's current expectations. These forward looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise. "Safe Harbor" Statement under the U.S. Private Securities Litigation Reform Act of 1995: This release contains certain "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995.
For further information please contact:
Mono Bank PLC.
Investor Relations Department
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