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Do, 01.09.2022 08:36
pta20220901010
Business news for the stock market
ERWE Immobilien AG: Inclusion of the ERWE share in the Scale Segment approved
Frankfurt (pta010/01.09.2022/08:36) -
Frankfurt/M., 1 September 2022. The shares of ERWE Immobilien AG (ISIN: DE000A1X3WX6), Frankfurt/M., will be listed in the Scale Segment of the Basic Board of the Frankfurt Stock Exchange as of 1 September 2022. The corresponding application was approved by Deutsche Börse yesterday. On August 26, Deutsche Börse had approved the revocation of the admission of ERWE shares to trading on the regulated market (General Standard), so that the shares were traded in this segment for the last time on 31 August. With the change of segment, the delisting agreement between ERWE Immobilien AG and its major shareholder Elbstein AG will be implemented. From the company's point of view, the ERWE share will thus transfer to a stock exchange segment corresponding to its market capitalisation and trading volume. ERWE will maintain its investor relations activities and its transparent reporting in the usual quality. ERWE Immobilien AG focuses on building up a profitable portfolio of mixed-use properties in the office, service, retail, hotel and residential sectors. Preferred locations are promising inner-city locations in major German cities and in exclusively "A" locations in smaller cities and municipalities. Properties are acquired whose potential for value appreciation can be sustainably exploited through new utilisation concepts, resulting in a high-yield, value-retaining portfolio with significantly rising income. The company is listed in Frankfurt on the Basic Board (Scale segment) and on the stock exchanges in Frankfurt a. M. (XETRA), Berlin, Düsseldorf and Stuttgart on the Open Market (ISIN: DE000A1X3WX6). Contacts for enquiries: german communications AG Jörg Bretschneider Milchstr. 6 B 20148 Hamburg T. +49-40-4688330, F. +49-40-46883340 presse@german-communications.com ERWE Immobilien AG Hans-Christian Haas Herriotstraße 1 60528 Frankfurt T.+49-69-96 376 869-25, F. +49-69 96 376 869-30 h.haas@erwe-ag.com
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