Homburg Invest Inc. has announced that the company is negotiating with the Authority Financial Markets ("AFM") and Euronext, in the Netherlands, with respect to a secondary listing. The listing would include both the Class A Subordinate Voting Shares and Class B Multiple Voting Share s of the Company.
Richard Homburg, Chairman and CEO of Homburg Invest Inc., commented: âI expect to have this secondary listing in the first quarter of 2006. It is almost certain we will get it, it is just a matter of time.â
It is anticipated that a secondary listing will provide the company with a larg er entrance to the European market and improve liquidity. Roughly 50% of the Companyâs current shareholders reside in Europe.
Source: Homburg Invest