Reading International Moves to NASDAQ
23 Julho 2009 - 2:00PM
PR Newswire (US)
LOS ANGELES, July 23 /PRNewswire-FirstCall/ -- Reading
International, Inc. (NYSE Amex: RDI) announced today that it will
move the listing of both classes of its common stock from the NYSE
Amex stock exchange to The NASDAQ Stock Market LLC . (Logo:
http://www.newscom.com/cgi-bin/prnh/20030403/LATH058LOGO) Effective
Tuesday, August 4th, Reading's class A nonvoting common stock will
trade under the symbol, NASDAQ: RDI, and its class B voting common
stock will trade under the symbol, NASDAQ: RDIB. Reading decided to
switch to the NASDAQ after careful consideration of capital market
alternatives and analysis of the electronic market model, which
provides added visibility to investors. Reading believes that, as
the world's largest electronic stock market, NASDAQ's electronic
multiple market maker structure will provide Reading with enhanced
exposure and liquidity, while at the same time providing investors
with what Reading believes are the best prices, the fastest
execution, and the lowest cost per trade. Reading anticipates a
long and beneficial relationship with the NASDAQ stock market.
About The NASDAQ Stock Market LLC The NASDAQ OMX Group, Inc. is the
world's largest exchange company. It delivers trading, exchange
technology and public company services across six continents, with
over 3,900 listed companies. NASDAQ OMX Group offers multiple
raising solutions to companies around the globe, including its U.S.
listings market; the OMX Nordic Exchange, including First North;
and the U.S. 144A sector. The company offers trading across
multiple asset classes including equities, derivatives, debt,
commodities, structured products and ETFs. NASDAQ OMX Group
technology supports the operations of over 70 exchanges, clearing
organizations and central securities depositories in more than 50
countries. For more information about NASDAQ OMX, visit
http://www.nasdaqomx.com/. About Reading International, Inc.
Reading International (http://www.readingrdi.com/) is in the
business of owning and operating cinemas and developing, owning and
operating real estate assets. Our business consists primarily of:
-- the development, ownership and operation of multiplex cinemas in
the United States, Australia and New Zealand and -- the
development, ownership and operation of retail and commercial real
estate in Australia, New Zealand and the United States, including
entertainment-themed retail centers ("ETRC") in Australia and New
Zealand and live theater assets in Manhattan and Chicago in the
United States. Reading manages its worldwide cinema business under
various different brands: -- in the United States, under the --
Reading brand, -- Angelika Film Center brand
(http://angelikafilmcenter.com/), -- Consolidated Theatres brand
(http://www.consolidatedtheatres.com/), and -- City Cinemas brand;
-- in Australia, under the Reading brand
(http://www.readingcinemas.com.au/); and -- in New Zealand, under
the -- Reading (http://www.readingcinemas.co.nz/) and -- Rialto
(http://www.rialto.co.nz/) brands. For more information, contact:
Andrzej Matyczynski, Chief Financial Officer Reading International,
Inc. (213) 235 2240
http://www.newscom.com/cgi-bin/prnh/20030403/LATH058LOGO
http://photoarchive.ap.org/ DATASOURCE: Reading International, Inc.
CONTACT: Andrzej Matyczynski, Chief Financial Officer, Reading
International, Inc., +1-213-235-2240 Web Site:
http://www.readingcinemas.com.au/
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