Dialog Semiconductor Plc. / Miscellaneous
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The issuer is solely responsible for the content of this announcement.
Frankfurt, Germany, June 30th, 2009 - Dialog Semiconductor plc (FWB: DLG),
a leading provider of Power Management Semiconductor solutions, announces
that it has mandated Close Brothers Seydler Bank AG, the Small- and Mid-Cap
specialist, as its designated sponsor (market maker) with trading start
July 1st, 2009.
Dialog Semiconductors plc shares are listed in the Prime Standard segment
of the Frankfurt Stock Exchange (FWB: DLG). Dialog Semiconductor is a
leading global player in highly integrated mixed signal power management IC
and is engaged with top tier customers such as Apple, Sony Ericsson and
Close Brothers Seydler Bank AG is the market leading Sponsor in Germany as
per number of mandates and has been consistently assigned with an 'AA'
Rating by the German Stock Exchange (Source: 1Q Rating Deutsche Börse).
Mandating a Designated Sponsor is a pre-requisite for continuous trading of
the Company's shares on Xetra(R), the German Stock Exchange's fully
electronic trading platform. It is the one of the world's most powerful
integrated trading systems for securities. Designated Sponsors provide
additional liquidity and support trading on Xetra(R) by offering binding
prices for the bid- and ask-side and are responsible for alleviating any
imbalances between supply and demand.
Information and Explaination of the Issuer to this News:
René Parmantier, Board Member at Close Brothers Seydler Bank AG commented:
'We are excited to join forces with Dialog Semiconductor, one of the
fastest growing listed semiconductor companies in Europe. We look forward
to working with the management team, who has proven its commitment to
develop Dialog's operational business to its full potential.'
Jean-Michel Richard, Chief Financial Officer of Dialog Semiconductor,
added: 'By making Close Brothers Seydler Bank AG, the renowned German
small-cap specialist and market leading Designated Sponsor, our Designated
Sponsor, we will be providing for further support in the liquidity of our
shares on Xetra(R).'
About Close Brothers Seydler Bank AG
Close Brothers Seydler Bank AG is a fully-licensed bank which has been part
of the Close Brothers Group plc, London since 2005. With over 160 Small &
Mid Cap company mandates, the company is the market leader in Designated
Sponsoring in Germany, and engages as one of the leading floor specialist
traders for equities and bonds in over 2,100 directed securities on the
Frankfurt Stock Exchange. In the UK, institutions are serviced by the sales
and trading team of affiliate company Close Brothers Seydler Ltd. Research
services are provided via the Close Brothers Seydler Research AG.
About Dialog Semiconductor
Dialog Semiconductor creates energy-efficient, integrated, mixed-signal
circuits optimised for personal mobile, lighting & display and automotive
applications. The company provides flexible and dynamic support,
world-class innovation and the assurance of dealing with an established
business partner. Customers with a significant contribution to revenue
include Sony-Ericsson, Apple, Bosch and TridonicAtco.
With its unique focus and expertise in system power management, Dialog
brings decades of experience to the rapid development of integrated
circuits for power management, audio, display processing and control.
Dialog's processor companion chips are essential for enhancing both the
performance of hand-held products and the consumers' multimedia experience.
With world-class manufacturing partners, Dialog operates a fabless business
Dialog Semiconductor plc is headquartered near Stuttgart with a global
sales, R&D and marketing organisation. In 2008, it had more than $160
million in revenue and was the fastest growing European public
semiconductor company, achieving a growth rate of more than 85%. It
currently has approximately 300 employees. The company is listed on the
Frankfurt (FWB: DLG) stock exchange.
For further information please contact:
Dialog Semiconductor FD - London FD - Frankfurt
Neue Straße 95 Erwan Gouraud Claudine Schaetzle
D-73230 Kirchheim/Teck T +44 20 7831 3113 T +49 69 920 37 185
Germany firstname.lastname@example.org email@example.com
30.06.2009 Financial News transmitted by DGAP
Issuer: Dialog Semiconductor Plc.
Tower Bridge House, St. Katharine's Way
E1W 1AA London
Phone: +49 7021 805-412
Fax: +49 7021 805-200
Indices: MIDCAP, PRIMEALL, TECHALLSHARE
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service