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Aeropostale goes from NYSE listing to OTC under AROP

Staff writer |
Aéropostale received written notice from the New York Stock Exchange (NYSE) that the NYSE has determined to commence proceedings to delist the company's common stock.

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This is due to an "abnormally low" trading price. The NYSE also suspended trading in the Company's common stock effective immediately. The Company does not intend to appeal the delisting determination.

In response, Aéropostale will begin trading today on the OTCQX Best Market, which is operated by OTC Markets Group Inc., under the symbol AROP.

U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.

The transition to the OTCQX market does not affect Aéropostale's business operations and does not change its public reporting requirements with the U.S. Securities and Exchange Commission (SEC).


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