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Nabaltec AG planning to switch to the new SME segment of Deutsche Börse AG
"We consider the SME segment of Deutsche Börse AG for the purpose of transparency and as a quality indicator to be a suitable step forward from the Entry Standard segment so that mid-sized companies like us can continue to be traded over-the-counter," said Johannes Heckmann, Nabaltec AG’s CEO. "This switch is the logical next step for us given that we have already adopted transparent practices, for example, with quarterly reports and bilingual reporting."
Nabaltec AG share has been traded over-the-counter in the "Entry Standard" segment of Deutsche Börse AG since 2006. From the beginning of its listing, the company has consistently exceeded the prescribed minimum standards for reporting duties. Examples include the issuance of quarterly reports in accordance with IFRS in German and in English, a voluntary commitment to adhere to a four-month deadline for publication of the annual report and coverage through routine analyst reports. In addition, Nabaltec AG already adheres to the specifications of the German Corporate Governance Code on a voluntary basis. Nabaltec AG will maintain its current reporting cycle in the future, which will be supplemented by research reports from research providers selected by Deutsche Börse AG.
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