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UPG Unifiedpost Group SANV

3.10
0.02 (0.65%)
Last Updated: 14:36:12
Delayed by 15 minutes
Share Name Share Symbol Market Type
Unifiedpost Group SANV EU:UPG Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.02 0.65% 3.10 3.03 3.09 3.10 3.00 3.08 7,836 14:36:12

American Stock Exchange Lists Common Stock of Universal Power Group, Inc.

21/12/2006 5:51pm

PR Newswire (US)


Unifiedpost Group SANV (EU:UPG)
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NEW YORK, Dec. 21 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today listed the common stock of Universal Power Group, Inc. under the ticker symbol UPG. Universal Power Group, Inc. (the "Company"), located in Carrollton, TX, is a third-party logistics company specializing in supply chain management and value-added services and a supplier and distributor of portable power supply products, such as batteries, security system components, and related products and accessories. The common stock is an initial public offering underwritten by Ladenburg Thalmann & Co. Inc. and Wunderlich Securities, Inc. The Company is expecting to issue 3.0M shares of common stock @ $7.00 per share for gross proceeds of approximately $21M. The Company is offering 2.0M shares of common stock and the parent company, Zunicom, Inc., is selling 1.0M shares of common stock that it owns. "We are pleased to welcome Universal Power Group, Inc. to the American Stock Exchange," said John McGonegal, senior vice president of Amex's Equities Group. "We look forward to supporting Universal Power Group with the tools and techniques to communicate its investment story to a greater number of potential investors." "We are excited with our listing on Amex as it represents another significant milestone in our corporate growth strategy. We believe that this listing will increase our visibility and provide added credibility within the financial community and with our business partners, and in turn contribute to building shareholder value," said Randy Hardin, President & CEO of Universal Power Group. The specialist in Universal Power Group, Inc. will be Kellogg Capital Group LLC. For further information on UPG and other Amex-listed companies, please visit http://www.amex.com/. The American Stock Exchange(R) (Amex(R)) offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 222 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit http://www.amex.com/ DATASOURCE: American Stock Exchange CONTACT: Media, Catherine Chantharaj of American Stock Exchange, +1-212-306-1689, Web site: http://www.amex.com/

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