DGAP-Adhoc: publity AG: publity intends to switch to Prime Standard
DGAP-Ad-hoc: publity AG / Key word(s): Miscellaneous Publication of inside information pursuant to Article 17 of the Regulation (EU) publity intends to switch to Prime Standard - Planned switch from scale to Prime Standard in summer 2020 - Listing in regulated market after successful PREOS integration and presentation of IFRS consolidated financial statements 2019 - Segment change is next step in publity's dynamic growth strategy Frankfurt 15/10/2019 - publity AG (Scale, ISIN DE0006972508) aims to switch from the over-the-counter segment Scale to the Prime Standard (regulated market) of the Frankfurt Stock Exchange in the summer of 2020. The planned listing in the market segment with the highest transparency requirements on the Frankfurt Stock Exchange reflects the dynamic business development of publity and is intended to increase awareness among international investors. At the same time, publity creates the prerequisites for future inclusion in a selection index of Deutsche Börse AG. The switch to the Prime Standard is to take place following the completion of the restructuring of the company and the presentation of consolidated financial statements for the 2019 financial year. Only recently publity had taken over 92.77 percent of the listed PREOS Real Estate AG (see Corporate News of 04.10.2019). Information and Explanation of the Issuer to this News: publity AG has been listed on the stock exchange since April 2015 and on the scale of the Frankfurt Stock Exchange since March 2017. Based on 14,759,907 shares, the current market capitalisation amounts to around EUR 439 million. Thomas Olek, CEO of publity, comments: 'publity is one of the most successful players in the German commercial real estate market and has excellent prospects. By switching to the Prime Standard, we want to support the company's further growth and become even more interesting for international investors.' publity AG About publity
15-Oct-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | publity AG |
Opernturm, Bockenheimer Landstraße 2-4 | |
60306 Frankfurt am Main | |
Germany | |
Phone: | 0341 26178710 |
Fax: | 0341 2617832 |
E-mail: | [email protected] |
Internet: | www.publity.de |
ISIN: | DE0006972508, DE000A169GM5 |
WKN: | 697250, A169GM |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Dusseldorf, Frankfurt (Scale), Hamburg, Stuttgart, Tradegate Exchange |
EQS News ID: | 890253 |
End of Announcement | DGAP News Service |
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890253 15-Oct-2019 CET/CEST