National RV Holdings Inc., Perris, Calif., announced today (Oct. 12) that it intends to move the listing of its common stock to the NYSE Arca exchange. The company’s ticker symbol, NVH, will not change.
National RV Holdings, parent to motorhome builders National RV Inc., Perris, and Junction City, Ore.-based Country Coach Inc., is scheduled to begin trading on the NYSE Arca on Friday, Oct. 13.
NYSE Arca, a wholly owned subsidiary of NYSE Group Inc., operates an open, all-electronic stock exchange in the U.S.
“We are pleased to have an opportunity to continue our relationship with the New York Stock Exchange and list our common stock on NYSE Arca,” said National RV Holdings CEO Brad Albrechtsen. “We believe this transition will be seamless to our stockholders, as we will retain our existing ticker symbol. In addition, we will have the benefit of the NYSE Arca’s electronic trading platform that we are confident will continue to provide our investors with the liquidity and superior trade execution for which the New York Stock Exchange is recognized.”
The company’s common stock has traded on the New York Stock Exchange since December 1998 and National RV Holdings expects to continue trading on it until the NYSE Arca listing becomes effective.
As originally announced by the company in November 2005, National RV Holdings no longer met the NYSE’s market capitalization and stockholders’ equity continued listing criteria. As a result, the company made an application to move its listing to NYSE Arca.