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hGears AG new in the Frankfurt Stock Exchange's Prime Standard

Release date: 21 May 2021 | Deutsche Börse Cash Market

hGears AG new in the Frankfurt Stock Exchange's Prime Standard


hGears AG (ISIN: DE000A3CMGN3) has been listed in the Prime Standard on the Frankfurt Stock Exchange since today. The shares had an initial listing price of €27.50. The issue price was €26.00.

The IPO was accompanied by Hauck & Aufhäuser and ABN AMRO. Hauck & Aufhäuser also acts as designated sponsor on Xetra. Specialist on the trading venue Börse Frankfurt is Wolfgang Steubing AG.

According to its own information, hGears is a global manufacturer of function-critical high-precision transmission parts and components with a focus on products for e-mobility. The company, headquartered in Schramberg near Freiburg, employs around 900 people and achieved a turnover of more than €126 million last year.