Abigail Adams National Bancorp, Inc. Common Stock to be Delisted from Nasdaq Global Market upon Completion of Merger with Premie
September 18 2009 - 9:00AM
PR Newswire (US)
WASHINGTON, Sept. 18 /PRNewswire-FirstCall/ -- Abigail Adams
National Bancorp, Inc. (NASDAQ:AANB), ("Adams"), a bank holding
company with offices in Washington DC, Maryland and Virginia,
announced today that its acquisition by Premier Financial Bancorp,
Inc. ("Premier") is expected to be completed as of the close of
business on September 30, 2009. If the acquisition is completed as
planned, effective at the close of business on September 30, 2009,
Adams common stock par value $0.01 per share will be delisted from
the Nasdaq Global Market and the common stock will be deregistered
from registration with the Securities and Exchange Commission under
the Securities Exchange Act of 1934. Upon completion of the
acquisition of Adams by Premier, Adams shareholders will receive
0.4461 shares of Premier Financial Bancorp, Inc. common stock. The
shareholders of each Company approved the merger at their
respective special meeting of shareholders, both of which were held
on September 1, 2009. DATASOURCE: Abigail Adams National Bancorp,
Inc. CONTACT: Duane K. Bickings, +1-202-772-3600
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