Metropolitan Health Networks to Begin Trading on the New York Stock Exchange
14 Noviembre 2011 - 6:00AM
Business Wire
Metropolitan Health Networks, Inc. (NYSE AMEX: MDF)
announced today that it has received authorization to transfer the
listing of its common stock from the NYSE Amex to the New York
Stock Exchange. Metropolitan anticipates that its common stock will
begin trading on the New York Stock Exchange on or about November
21, 2011 under its current ticker symbol “MDF.”
Metropolitan has notified the NYSE Amex that it will voluntarily
delist its Common Stock from the NYSE Amex. The last day of trading
of Metropolitan’s common stock on the NYSE Amex is expected to be
on or about November 18, 2011. Until Metropolitan’s common stock
begins trading on the New York Stock Exchange, it will continue
trading on the NYSE Amex under the symbol “MDF.”
Michael Earley, Metropolitan’s Chairman and CEO commented,
“Unparalleled access to the global investment community and
improved liquidity are important anticipated benefits of listing on
the New York Stock Exchange. The transfer of our listing reflects
both our continued growth as an organization and our interest in
providing our current and future investor base the most efficient
market for trading Metropolitan’s shares. I would like to thank the
NYSE Amex team for their support in managing our listing to this
point and for ensuring a smooth transition to the New York Stock
Exchange. In addition, I’d like to recognize and thank our
dedicated staff, medical professionals, managers, executives and
directors without whom this important step would not be possible.
We all should be proud of this accomplishment.”
“We welcome Metropolitan Health Networks to the New York Stock
Exchange and the opportunity to build upon the existing partnership
with the company and its shareholders,” said Scott Cutler, NYSE
Euronext Executive Vice President and Head of Listings. “We are
fully committed to contributing to the company’s future growth and
success, and greatly value Metropolitan’s ongoing commitment to our
market.”
About Metropolitan Health Networks, Inc.:
Metropolitan is a growing health care company that provides and
coordinates comprehensive health care services for Medicare
Advantage, Medicaid, and other customers in Florida through its
primary care-centric businesses, MetCare of Florida, Inc. and
Continucare Corporation. Metropolitan currently owns and operates
33 medical centers and contracts with more than 250 primary care
practices. To learn more about Metropolitan Health Networks, Inc.
please visit its website at www.metcare.com
Forward Looking Statements:
Except for historical matters contained herein, statements made
in this press release are forward-looking statements. Forward
looking statements include statements regarding the date that
Metropolitan’s common stock is expected to begin trading on the New
York Stock Exchange and benefits that will result from listing on
the New York Stock Exchange. Without limiting the generality of the
foregoing, words such as “may”, “will”, “to”, “plan”, “expect”,
“believe”, “anticipate”, “intend”, “could”, “would”, “estimate”, or
“continue,” or the negative other variations thereof or comparable
terminology, are intended to identify forward-looking statements.
Investors and others are cautioned that a variety of factors,
including certain risks, may affect Metropolitan’s business and
cause actual results to differ materially from those set forth in
the forward-looking statements. These risk factors include, without
limitation, delays in the review of Metropolitan’s listing
application with the New York Stock Exchange and the impact of
market fluctuations on trading activity for Metropolitan’s common
stock. Metropolitan is also subject to the risks and uncertainties
described in its filings with the Securities and Exchange
Commission, including its Annual Report on Form 10-K for the year
ended December 31, 2010 and Quarterly Report on Form 10-Q for
the quarter ended September 30, 2011.
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