PANAMA, REPUBLIC OF PANAMA--(Marketwired - Aug. 29, 2014) - Thunderbird Resorts Inc. (FRANKFURT:4TR)(EURONEXT:TBIRD) announces the following: It has come to Thunderbird's attention that SIX Securities Services AG ("SIX") has issued a directive to the financial market concerning a new policy that may impact Thunderbird's shareholders. This directive concerns our European-based shareholders that hold shares which are currently trading under $1.00 market price. SIX operates Switzerland's financial market infrastructure and offers on a global scale comprehensive services in the areas of securities trading, clearing and settlement, as well as financial information and payment transactions. SIX announced policy changes and termination of book-entry securities effective October 1, 2014. SIX participants are asked to review their respective client's accounts and take appropriate action concerning shares that are priced at less than $1.00.
In the event a shareholder is contacted by their Bank/Broker to advise that the Bank/Broker will no longer hold the shares on behalf of the shareholder, then the shareholder should seek to transfer the shares to any Bank/Broker authorized to trade on the Euronext Amsterdam. As an alternative, the shareholder may also convert the shares from a Bank /Broker account to the "Direct Registration System" in accordance with the following link that contains an information sheet and direct registration transfer form (http://media3.marketwire.com/docs/DRSForms.pdf). The documentation contained in this link will also be posted to our website at www.thunderbirdresorts.com. A shareholder need only provide its Bank/Broker with this press release including the link containing the relevant instructions and forms. The Bank/Broker should then assist our shareholders with this process.
Thunderbird cautions shareholders to not feel compelled or pressured to sell shares in Thunderbird as the direct registration system will enable shareholders to continue to hold shares and transfer them at their discretion using any one of the thousands of brokers worldwide authorized to trade on the Euronext Amsterdam.
ABOUT THE COMPANY
We are an international provider of branded casino and hospitality services, focused on markets in Latin America. Our mission is to "create extraordinary experiences for our guests." Additional information about the Group is available on its Website at www.thunderbirdresorts.com.
Cautionary Notice: This release contains certain forward-looking statements within the meaning of the securities laws and regulations of various international, federal, and state jurisdictions. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential revenue and future plans and objectives of the Group are forward-looking statements that involve risk and uncertainties. There can be no assurances that such statements will prove to be accurate and actual results could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Group's forward-looking statements include competitive pressures, unfavorable changes in regulatory structures, and general risks associated with business, all of which are disclosed under the heading "Risk Factors" and elsewhere in the Group's documents filed from time-to-time with the AFM and other regulatory authorities.
Contact Information:
Peter LeSar
Chief Financial Officer
plesar@thunderbirdresorts.com