DGAP-News

German Startups Group will move to the new Deutsche Börse quality segment Scale for small and medium-sized enterprises on 1 March 2017

DGAP-News: German Startups Group Berlin GmbH & Co. KGaA / Key word(s): Miscellaneous German Startups Group will move to the new Deutsche Börse quality segment Scale for small and medium-sized enterprises on 1 March 2017 16.02.2017 / 10:20 The issuer is solely responsible for the content of this announcement. +++ Press release +++ for immediate publication

German Startups Group will move to the new Deutsche Börse quality segment Scale for small and medium-sized enterprises on 1 March 2017

 

Berlin, 16 February 2017 - German Startups Group, the most active private venture capital investor in Germany in the time period since 2012 (CB Insights 2015, PitchBook 2016), will move to the new exchange segment Scale for small and medium-sized enterprises of Deutsche Börse AG on its start per 1 March 2017 and will be listed there as one of only approximately 40 companies. The new exchange segment will replace the Entry Standard, in which the company has been listed up to now.

Christoph Gerlinger, CEO of German Startups Group, comments, "Scale promises to become a platform through which strongly growing startups will be able to gain access to the capital market and present themselves to a broad public. The newly introduced quality standards are to contribute to this, too. The independent research paid by Deutsche Börse will also provide all investors in the segment with the benefit of objective comparability and therefore further heighten the attractiveness of Scale. We see German Startups Group as a good fit to this environment. We are thus looking forward to Scale and believe it will bring our share more attention and trading liquidity. We hope that the discount to the net asset value per share included in the share price will decrease as well."

 

Press contact

German Startups Group

Theo Bonick

Tel: [phone]

Mail: [e-mail]

 

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