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    Frequentis AG  808  0 Kommentare IPO price range set at 18,00 Euro to 21,00 Euro per share - Seite 2

    The subscription period for the IPO starts on 27 April 2019 and is expected to end at 2 p.m. on 8 May 2019. Admission to trading on the stock exchange is expected to take place on 13 May 2019 and shares of Frequentis AG should be traded from 14 May 2019 under the ticker symbol FQT and the international securities identification number (ISIN) ATFREQUENT09 on the regulated market (General Standard) on the Frankfurt Stock Exchange and the regulated market (prime market) on the Vienna Stock Exchange.

    All shares offered will be fully entitled to dividend payments from 1 January 2018. The resolution on the dividend will be adopted at the Annual General Meeting 2019 and the dividend will be paid thereafter. The company's long-term, earnings-oriented dividend policy aims to distribute 20-30% of the Group's net profit determined in accordance with IFRS, provided this is also reflected in the net profit of Frequentis AG.

    The shares are to be placed through a public offering in the Federal Republic of Germany and the Republic of Austria, and an international private placement. The existing shareholders have waived their subscription rights for the newly issued shares. Private investors may submit subscription orders to the accompanying banks via their custodian banks. BankM accepts the subscription orders of the custodian banks under the fax number +49 69 7191 838 50.

    In addition, both Commerzbank and BankM accept subscription orders via their direct banks; at Commerzbank this is comdirect.de, at BankM flatex.de/flatex.at. Private investors may also use the DirectPlace placement service of the Frankfurt Stock Exchange. The prerequisite for this is that their custodian bank is connected to the DirectPlace system. In Austria, for example, this is the case with Bank Austria / UniCredit.

    The securities prospectus for the IPO and admission of the shares to trading on the regulated market was approved today by the Austrian Financial Market Authority (FMA) and can be downloaded from the company's website at http://www.frequentis.com/IR .

    About Frequentis AG
    The Austrian company Frequentis headquartered in Vienna is an international supplier of communication and information systems for control centres with safety-critical tasks. Such 'control centre solutions' are developed and marketed by Frequentis in the business sectors Air Traffic Management (civil and military air traffic control, air defence) and Public Safety & Transport (the police, fire brigade, ambulance services, shipping, railways). Frequentis operates a worldwide network of branches, subsidiaries and local representatives in more than 50 countries. Products and solutions from Frequentis can be found in over 25,000 working positions and in about 140 countries. Founded in 1947, Frequentis is, by its own estimation, the global market leader in voice communication systems for air traffic control with a market share of around 30%. Moreover, the Frequentis Group's systems are globally leading in AIM (aeronautical information management) and aeronautical message handling systems, as well as in GSM-R systems in the field of Public Transport. For further information please see http://www.frequentis.com.

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    Frequentis AG IPO price range set at 18,00 Euro to 21,00 Euro per share - Seite 2 - Dual listing in Frankfurt and Vienna with main aim of transitioning Frequentis from a private, family-owned company to a management-run public group - IPO of up to 2.7 million shares, including up to 1.2 million from a capital …