London, United Kingdom - July 22nd, 2024 - Wealth Dragons Group PLC (“Wealth Dragons” or “the Company”) (VIE: WDG) (ISIN: GB00BGMGZR93) issues an update on the listing of Wealth Dragons Group PLC on the Direct Market of the Vienna Stock Exchange.
Wealth Dragons Group PLC today confirmed the voluntary delisting from the Vienna Stock Exchange on the 31st of July.
As previously announced the decision to remove Wealth Dragons Group PLC from the Vienna exchange is for multiple reasons, the ongoing litigation against former Director John Lee, and to protect stakeholders' interests.
The company aims to list on a new exchange at a date in the near future. This will give easier access for investors and also re-establish a valuation that reflects our business potential.
“We sincerely thank our investors for their patience during this period and for their unwavering support. The decision to delist from the Vienna exchange and pursue relisting on a new European exchange is aimed at establishing a solid foundation for the restructuring and offering greater stability for our current investors during this transitional phase. Despite the delisting process, we remain committed to our exciting new projects and ventures, alongside our existing core business, and we are eagerly anticipating the upcoming launch of Consultz,”
- Vincent Wong, CEO of Wealth Dragons Group PLC.
The company thanks all its stakeholders for their patience and understanding whilst the current restructuring is taking place, and whilst the action against John Lee concludes.
About Wealth Dragons Group PLC
Founded in 2009 Wealth Dragons spent ten years building their business with live events globally. The company has already invested in the development and promotion of its digital platforms, expanding access and opportunity to self-education resources for everyone.
For media inquiries and more information please contact:
Vincent Wong
+44 (0)1908 032 432
For further investor information please contact: investors@wealthdragons.com
Risk Warning Disclaimer
The value of the securities and the income derived from them can fall as well as rise. Investors may not get back their initial investment. Past performance is not a reliable indicator of future performance and the amount realised may be less than the original investment made. Any estimates of future performance are based on assumptions that may not be realised. Any securities denominated in foreign currencies may see their value fall as a result of exchange rate movements. Market conditions may impact the liquidity and volatility of the securities and accordingly an investor may find it difficult to realise an investment.
