CASH STORE FINANCIAL MARKET CAPITALIZATION AND SHA CASH STORE FINANCIAL MARKET CAPITALIZATION AND SHAREHOLDERS' EQUITY BELOW NYSE CONTINUED LISTING STANDARDS
On April 2, 2013, The Cash Store Financial Services Inc. received notice from the New York Stock Exchange that it is not in compliance with certain NYSE standards for continued listing of its common shares. Specifically, Cash Store Financial is below the NYSE's continued listing criteria because its average total market capitalization over a recent 30 consecutive trading day period was less than $50 million at the same time that reported shareholders' equity was less than $50 million. Under the NYSE's continued listing criteria, a NYSE listed company must maintain average market capitalization of not less than $50 million over a 30 consecutive trading day period or reported shareholders' equity of not less than $50 million.
Under NYSE rules, Cash Store Financial has 90 days from the date of the notice to submit a plan to the NYSE demonstrating its ability to achieve compliance with the listing standards within 18 months of receiving the notice. Cash Store Financial intends to submit such a plan. During such 18-month period, Cash Store Financial's common shares will continue to be listed and traded on the NYSE, subject to compliance with other NYSE continued listing standards.