CHICAGO--(BUSINESS WIRE)--Archer Daniels Midland Company (ADM; ISIN: US0394831020; WKN: 854161) has decided on February 24, 2015 to apply for a revocation of the admission of ADM’s shares to the regulated market (General Standard) of the Frankfurter Wertpapierbörse (FWB), in order to minimize the costs and administrative burdens which outweigh the economic benefits accompanying this listing. The application pursuant to sec. 39 para. 2 German Stock Exchange Act (Börsengesetz) in conjunction with sec. 46 Exchange Rules for the FWB (Börsenordnung für die Frankfurter Wertpapierbörse) has been filed today. The FWB will in a short time decide about the application for the revocation of the admission and its date of entry into force. Upon effectiveness of the revocation of the admission ADM’s shares cannot be traded on the regulated market (General Standard) of FWB anymore.
The existing listings of ADM’s shares at the regulated unofficial markets of the Stock Exchanges in Berlin, Düsseldorf, Munich and Stuttgart shall not be terminated on ADM’s initiative. Moreover ADM plans to uphold the listing of its shares at New York Stock Exchange.