- Trading of KAP shares on the Prime Standard of the Frankfurt Stock Exchange starts today
- Admission to XETRA trading and appointment of a Designated Sponsor
Fulda, 12 March 2019 – KAP AG, a publicly listed, mid-sized industrial group, is enhancing transparency for investors by uplisting the KAP shares (WKN 620840/ISIN: DE0006208408) from General Standard to Prime Standard on the Frankfurt Stock Exchange. With this step, which had been envisaged by the company in the context of its Annual General Meeting 2018, the company is pursuing the goal of meeting the expectations of institutional and private investors. Admission to the Prime Standard and inclusion in XETRA trading took effect upon today's start of trading. As part of the uplisting process, KAP appointed Commerzbank AG as its Designated Sponsor.
“Our company’s successful development over the past eighteen months has raised interest among investors, and we have received numerous requests. These in turn have enabled us to gain a better and more thorough understanding of investors' expectations. By uplisting to Prime Standard, we want to provide greater transparency and raise our profile in the capital market,” explained Guido Decker, CEO of KAP AG.
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About KAP AG
KAP AG is a mid-sized industrial group with approximately 3,000 employees. We specialise in engineered products, flexible films, it/services, surface technologies and precision components, developing innovative industrial products and technological solutions for international companies from trade and industry. Thanks to our long-term business strategy, we have been able to occupy numerous attractive market niches with sustainable growth potential. Our focus within these is on developing high-margin industrial segments into highly specialized, market-leading product lines. As a reliable partner in the context of succession planning, we also acquire attractively positioned medium-sized companies with a view to strengthening our existing segments or developing new ones. Holders of KAP shares benefit from our company's growth trajectory and earnings-oriented dividend policy.