5912 Venlo, nl
Solveigh Karola Mähler
+49 (2103) 29-11710
QIAGEN Announces its Inclusion in the New NASDAQ Global Select Market
The Market with the Highest Initial Listing Standards in the World
NASDAQ has announced that beginning July 3, NASDAQ -listed companies will be classified under three listing tiers — NASDAQ Global Select Market, NASDAQ Global Market, and NASDAQ Capital Market. NASDAQ also plans to launch indexes based on these new tiers.
QIAGEN’s common shares have been listed on NASDAQ since the Company’s initial public offering in 1996. In 1997 QIAGEN also listed its common shares on the Frankfurt Stock Exchange where the shares are today traded in the Prime Segment. On both exchanges combined, QIAGEN’s shares recorded an average number of shares traded per day of approximately one million over the last six months.
“We are very pleased that our common shares were accepted for trading on the new NASDAQ Global Select Market. This reflects our ongoing commitment to increase QIAGEN’s value and visibility," said Roland Sackers, QIAGEN’s Chief Financial Officer. "We are convinced that the decision by the NASDAQ to create a new market which accepts only companies which meet highest listing standards in the world, with measures including market value, liquidity and earnings, is the right move to further increase the attractiveness of this trading platform.“
"QIAGEN is an example of an industry leader that has achieved superior listing standards, which clearly defines the essence of the NASDAQ Global Select Market," said Bruce Aust, Executive Vice President, Corporate Client Group. "NASDAQ is focused on leading a race to the top in terms of listing qualifications. In recognizing these companies, we are highlighting their achievement in meeting the requirements to be included in the market with the highest listing standards in the world,” added Mr. Aust.
NASDAQ announced the new three tier listing classification in February 2006. All three market tiers will maintain rigorous listing and corporate governance standards. For additional information about the NASDAQ Global Select Market, please go to: www.nasdaq.com/GlobalSelect.
The use of information published here for personal information and editorial processing is generally free of charge. Please clarify any copyright issues with the stated publisher before further use. In the event of publication, please send a specimen copy to email@example.com.