DGAP-Adhoc OSRAM Licht AG: Managing Board of OSRAM Licht AG decides to file application related to change of sub-segment of the stock exchange
DGAP-Ad-hoc: OSRAM Licht AG / Key word(s): Miscellaneous
Munich, March 8, 2021
The Managing Board of OSRAM Licht AG (OSRAM) has decided today to apply to the management board of the Frankfurt Stock Exchange pursuant to Sec. 57 of the "Exchange Rules for the Frankfurt Stock Exchange" in a timely manner for the revocation of admission of the OSRAM shares to the listing sub-segment of the regulated market with additional obligations arising from the admission (Prime Standard). As a consequence, the OSRAM shares will be listed on the regulated market (General Standard) for trading ex officio.
By changing the listing sub-segment of the exchange, post-listing obligations of the Company such as certain reporting and publication requirements will fall away. This will avoid substantial additional effort and assist the Company in cost-saving and streamlining processes. The withdrawal of the listing becomes effective three months after the publication of the withdrawal decision by the management of the Frankfurt Stock Exchange on the internet (www.deutsche-boerse.com).
Head of Investor Relations
OSRAM Licht AG
80807 München, Deutschland
Tel. +49 89 6213-4966
08-March-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
|Company:||OSRAM Licht AG|
|Phone:||+49 89 6213-0|
|Fax:||+49 89 6213-3629|
|Listed:||Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange|
|EQS News ID:||1173955|
|End of Announcement||DGAP News Service|
1173955 08-March-2021 CET/CEST