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Frequentis AG new at the Frankfurt Stock Exchange

Release date: 14 May 2019 | Deutsche Börse Cash Market

Frequentis AG new at the Frankfurt Stock Exchange

Provider of communication and information systems listed in the General Standard / dual listing in Frankfurt and Vienna

Frequentis AG (ISIN: ATFREQUENT09) has been listed in the General Standard of the Frankfurt Stock Exchange as of today. The company's shares started trading at 18.00 Euro after an issue price of 18.00 Euro.

The IPO was accompanied by Commerzbank AG and BankM, a representative office of flatex Bank AG, which also acts as designated sponsor in Xetra trading. Wolfgang Steubing AG is the specialist at the Börse Frankfurt venue.

According to company information, the Austrian Frequentis AG, headquartered in Vienna, is an international provider of communication and information systems for control centres with safety-critical tasks. Its customers include civil and military air traffic control, air defence, police, fire brigades, rescue services, shipping and rail industries. Frequentis has a network of branches, subsidiaries and local representatives in over 50 countries worldwide. Frequentis products and solutions can be found in over 140 countries.

IPO: welcome to General Standard, Frequentis AG