Cash Store Financial Services To Voluntarily Delist From NYSE - Quick Facts

(RTTNews) - Cash Store Financial Services Inc. (CSFS, CSF.TO) announced Friday that it will voluntarily delist its common shares from The New York Stock Exchange or NYSE. The decision to voluntarily delist its common shares was driven by a number of factors, including its non-compliance with the NYSE's market capitalization and shareholders' equity, as well as its share price requirements.

The company said it expects to file an application on Form 25 to notify the U.S. Securities and Exchange Commission of its withdrawal of its common shares from listing on the NYSE. The company expects that the last day of trading of its common shares on the NYSE will be on March 3, 2014.

However, the company stated that its common shares will continue to be listed and traded on the Toronto Stock Exchange or the TSX, subject to compliance with TSX continued listing standards.

As previously indicated, on April 2, 2013, the company received notice from the NYSE that it was not in compliance with the US$50 million market capitalization and stockholders' equity standard for continued listing of its common shares on the NYSE.

On August 29, 2013, the Company was notified that the NYSE accepted the Company's plan to achieve compliance subject to an 18 month monitoring period as measured from the April 2, 2013 notice.

On February 24, 2014, the Company received an additional notice from the NYSE that it had fallen below the NYSE's continued listing criteria requiring listed companies to maintain an average closing price of its listed common shares of not less than US$1.00 over a consecutive 30 trading-day period.