Meinl European Land to be booted off Vienna prime market segment

Vienna Stock Exchange has announced it has terminated its contract with Meinl European Land (MEL) to trade on the bourse's Prime Market segment. The decision came days after the country's Financial Services Authority said the company had provided misleading information about a share buyback. The exchange said that the company would instead be transferred to its 'standard market continuous' segment at the end of trading on 21 December.

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