William Lyon Homes Notified by New York Stock Exchange of Suspension of Trading in Common Stock
13 Juin 2006 - 11:32PM
Business Wire
William Lyon Homes (the "Company") announced today that it had been
informed by The New York Stock Exchange (the "NYSE") that the NYSE
has, on its own initiative, suspended trading in the Company's
common stock (NYSE:WLS). The NYSE confirmed that this action will
not affect the trading of William Lyon Homes 10 3/4% Senior Notes
due April 1, 2013 (Symbol: WLS 13) or 7 1/2% Senior Notes due
February 15, 2014 (Symbol: WLS 14). The NYSE has informed the
Company that it has information indicating that the amount of
publicly held shares of the Company's common stock available for
trading is not sufficient for auction market trading. The NYSE
further indicated that it intends to make application to the
Securities and Exchange Commission to delist the common stock.
William Lyon Homes is primarily engaged in the design, construction
and sale of single family detached and attached homes in
California, Arizona and Nevada. The Company's corporate
headquarters are located in Newport Beach, California.
William Lyon (NYSE:WLS)
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