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phion AG

EANS-Adhoc: phion AG
phion AG relists to Vienna Stock Exchange´s Third Market (Dritter Markt)

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.
Company Information
10.03.2010
The management board of phion AG decided today, with approval of the 
supervisory board, to relist the shares of phion AG within the 
segment mid market of the Vienna Stock Exchange from the regulated 
market (Geregelten Freiverkehr) to the unregulated Third Market 
(Dritten Markt). The main reason for this decision is that after the 
takeover of the company by Barracuda Networks Inc. the significantly 
higher costs related to a listing in the regulated market does not 
correspond to any apparent benefit for the company. The shares of the
company will remain publicly tradable on the Third Market.
The relisting from the regulated market is expected to be be notified
to Wiener Börse AG according to Sec. 83 para. 4 Stock Exchange Act as
of 12 March 2010. The final day of trading of the shares of the 
Company on the regulated market is, therefore, expected to be the 12 
April 2010. The listing of the shares of the company on the Third 
Market of the Vienna Stock Exchange will be applied for 13 April 
2010.
end of announcement                               euro adhoc

Further inquiry note:

Günter Klausner
Eduard-Bodem-Gasse 1
A-6020 Innsbruck
Phone: +43 (0) 508 100
Email: g.klausner@phion.com

Branche: Computing & Information Technology
ISIN: AT0000PHION3
WKN:
Index: mid market
Börsen: Wien / Regulated free trade

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