WhereDaily News: Trans-Lux Corporation to Implement Reverse/Forward Stock Split

NEW YORK, NY--(Marketwired - Oct 16, 2013) - On October 11, 2013, the Board of Directors of Trans-Lux Corporation (OTCQB: TNLX) approved the filing of amendments to the Company's Certificate of Incorporation to effect a 1-for-1,000 reverse stock split of the Company's Common Stock immediately followed by a 40-for-1 forward stock split of the Company's Common Stock, which was previously approved by the Company's shareholders at its Annual Meeting held on October 2, 2013. The Board additionally approved the filing, immediately following the reverse/forward split, of an amendment to the Company's Certificate of Incorporation to reduce the number of authorized shares of Common Stock of the Company from 60,000,000 to 10,000,000. The record date for the reverse/forward stock split will be October 25, 2013.

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