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VDM Van Der Moolen Ads

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Share Name Share Symbol Market Type
Van Der Moolen Ads NYSE:VDM NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Hertz Global Holdings, Inc. Selects VDM Specialists for Its IPO

16/11/2006 2:30pm

PR Newswire (US)


Van Der Moolen (NYSE:VDM)
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NEW YORK, Nov. 16 /PRNewswire-FirstCall/ -- VDM Specialists, LLC has commenced the trading of Hertz Global Holdings, Inc. (NYSE:HTZ), the largest worldwide general use car rental brand, on the New York Stock Exchange (NYSE). The initial public offering (IPO) comprised the sale of 88.2 million shares of common stock priced at $15 raising approximately $1.32 billion for the Company. "We are excited to have joined the ranks of some of the world's largest and most prestigious companies listed on NYSE," stated Mark P. Frissora, Chief Executive Officer of Hertz Global Holdings. "VDM's guidance and support were instrumental to our IPO's launch, and we look forward to working closely with our new partner." Commenting on the announcement, Robert Fagenson, CEO of VDM Specialists, said, "Hertz is one of the most well-known brand names in the world. We are proud to have been chosen to represent them. As we continue to deliver quality markets in the stocks we trade, Hertz's addition to our family of NYSE-listed companies is another wonderful example of the value-added partnerships we have with our listed company clients." VDM Specialists represents a variety of leading brand names, including Coach Inc., Four Seasons Hotels Inc., Harley-Davidson Inc., Hewlett-Packard Co., Saks Inc., Sealy Corp., Tiffany & Co., and The Walt Disney Co. About Hertz Global Holdings, Inc. Hertz Global Holdings, Inc., the indirect parent corporation of The Hertz Corporation, is the largest worldwide general use car rental brand and one of the largest equipment rental businesses in the United States. In its car rental business segment, Hertz and its independent licensees and associates accept reservations for car rentals at approximately 7,600 locations in approximately 145 countries. Hertz is the only car rental company that has an extensive network of company-operated rental locations both in the United States and in all major European markets. In its equipment rental business segment, Hertz rents equipment through approximately 360 branches in the United States, Canada, France and Spain, as well as through its international licensees. For more information about Hertz Global Holdings, please visit http://www.hertz.com/. About VDM Specialists, LLC As one of the largest specialist firms on the NYSE, VDM Specialists represents over 400 leading issues including Pfizer, Hewlett-Packard, The Walt Disney Co. and Apache Corp. VDM Specialists is part of publicly traded Van der Moolen Holdings NV (NYSE:VDM). For more information about VDM Specialists, please visit http://www.vdm-usa.com/. DATASOURCE: VDM Specialists, LLC CONTACT: Mark A. Baer of VDM Specialists, LLC, Managing Director, +1-646-576-2700, , or Tristan Peniston-Bird of Gavin Anderson & Company, +1-212-515-1933, Web site: http://www.hertz.com/ http://www.vdm-usa.com/

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