lifePR
Pressemitteilung BoxID: 679910 (CORESTATE Capital AG)
  • CORESTATE Capital AG
  • Baarerstrasse 135
  • 6300 Zug
  • http://www.corestate-capital.ch
  • Ansprechpartner
  • Tom Zeller
  • +49 (69) 264867715

CORESTATE: Uplisting to Prime Standard

(lifePR) (Zug, ) CORESTATE Capital Holding S.A. (CORESTATE), a fully integrated investment manager and co-investor based in Luxembourg, has announced that it has applied for admission of its shares to trading on the regulated market (Prime Standard) of the Frankfurt Stock Exchange. First day of trading is expected for 2 November 2017.

All 21,294,123 shares of the Company (ISIN LU1296758029/WKN A141J3) shall be admitted to trading on the Frankfurt Stock Exchange via the regulated market with simultaneous admission to the sub-segment of the regulated market with additional post-admission obligations (Prime Standard).

Sascha Wilhelm, CEO of CORESTATE: “The Prime Standard listing is an additional crucial step for our business development. The admission to trading on the regulated market will enhance the marketability of our share and increase its liquidity. The listing in selected stock indices as well as reaching additional investors will strengthen our growth strategy. In addition, the listing underscores our efforts to comply with the capital markets best practices.”

Since the initial listing of the Company's shares in October 2016, the Company's shares have been listed on the non-regulated open market (Entry Standard and currently on the segment Scale) of the Frankfurt Stock Exchange. This listing will be cancelled upon trading of the Company's shares on the regulated market.

The securities prospectus is available on the homepage of the Company (https://ir.corestate-capital.com/websites/corestate/English/3000/reports.html).

Forward-Looking Statements

This press release may contain forward-looking statements based on current assumptions and forecasts made by our management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of our company and the estimates given here. These factors include those discussed in our public reports, which are available on our website at ir.corestate-capital.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.

 

CORESTATE Capital AG

CORESTATE Capital Holding S.A. (CORESTATE) is an investment manager and co-investor with approximately € 22bn* in assets under management. As a fully integrated real estate platform, CORESTATE offers its clients combined expertise in the areas of investment and fund management as well as real estate management services. The company operates as a respected business partner of institutional clients and wealthy private investors internationally. CORESTATE is headquartered in Luxembourg and has 41 offices including in Frankfurt, London, Madrid, Singapore and Zurich. The company employs over 530 people and is listed in the open market of the Frankfurt Stock Exchange. Further information is available at www.corestate-capital.com.

*at year end 2017