AG&E Holdings Inc. Announces Notification of NYSE MKT Listing Deficiency

Chicago, Illinois - October 27, 2016--- AG&E Holdings Inc. (NYSE MKT: WGA) (the "Company") today announced receipt of notification (the "Deficiency Letter") from the NYSE MKT LLC that the Company is not in compliance with certain NYSE MKT continued listing standards relating to stockholders'...

London, 27/10/2016 (informazione.it - comunicati stampa - scienza e tecnologia)

--- AG&E Holdings Inc. (NYSE MKT: WGA) (the "Company") today announced receipt of notification (the "Deficiency Letter") from the NYSE MKT LLC that the Company is not in compliance with certain NYSE MKT continued listing standards relating to stockholders' equity.

Specifically, the Deficiency Letter indicated that the Company is not in compliance with Section 1003(a)(ii) (requiring stockholders' equity of $4.0 million or more if it has reported losses from continuing operations and/or net losses in three of its four most recent fiscal years). As of June 30, 2016, the Company had stockholders' equity of $3.81 million. The Company is required to submit a plan to the NYSE MKT by November 21, 2016 advising of actions it has taken or will take to regain compliance with the continued listing standards by April 21, 2018. The Company's management is exploring its options moving forward. Currently, the Company intends to submit a plan by the deadline. If the Company fails to submit a plan, if the Company's plan is not accepted or if the Company fails to regain compliance by the deadline, the NYSE MKT may commence delisting procedures.

The Company's common stock will continue to be listed on the NYSE MKT while it attempts to regain compliance with the listing standards noted, subject to the Company's compliance with other continued listing requirements. The Company's common stock will continue to trade under the symbol "WGA," but will have an added designation of ".BC" to indicate that the Company is not in compliance with the NYSE MKT's listing standards. The NYSE MKT notification does not affect the Company's business operations or its SEC reporting requirements.

AG&E Holdings Inc. is a leading parts distributor to the casino and gaming markets. It sells parts and services to more than 700 casinos in North America with offices in Las Vegas, Nevada, Miami, Florida and Burr Ridge, Illinois.