Fulda, 24 July 2023 – The shares of KAP AG (“KAP”), a listed, medium-sized industrial holding company (German securities identification number: WKN 620840; ISIN DE0006208408), are currently admitted to stock exchange trading on the regulated market of the Frankfurt Stock Exchange and also admitted to a subsegment of the Frankfurt Stock Exchange’s regulated market with additional post-admission obligations (Prime Standard). With the approval of the Supervisory Board, KAP AG’s Management Board today decided to apply for withdrawal of admission to stock exchange trading in the Prime Standard of the Frankfurt Stock Exchange.
The move to the General Standard will take effect three months after publication of the withdrawal decision by the Frankfurt Stock Exchange’s Management Board on the Deutsche Börse website (www.deutsche-boerse.com). The withdrawal will not affect admission of KAP AG’s shares to trading on the regulated market of the Frankfurt Stock Exchange (General Standard).
The segment change, as a result of which the additional post-admission obligations of the marketplace will no longer apply, is intended to realise cost savings.
Contact:
KAP AG
Kai Knitter
Head of Investor Relations & Corporate Communications
investorrelations@kap.de
+49 661 103 327
About KAP AG
KAP AG is a listed industrial holding company focused on upper mid-size operating companies that seizes attractive growth opportunities in their respective niche markets. Specifically, KAP AG currently focuses on four distinct operating segments: engineered products, flexible films, surface technologies and precision components. The Group lets its shareholders participate in the long-term sustainable value development through an attractive dividend. KAP AG currently has some 2,700 employees at 24 locations in eleven countries. KAP AG is a Participant of the United Nations Global Compact and adheres to its principles-based approach to responsible business. KAP AG’s shares are listed on the Regulated Market of the Frankfurt Stock Exchange (Prime Standard, ISIN DE0006208408).