Watch
Rocket Internet SE: Uplisting to Prime Standard
Rocket Internet has applied for admission to trading on the regulated market (Prime Standard) of the Frankfurt Stock Exchange / Trading of Rocket Internet's shares on the regulated market is expected to commence around September 27, 2016
Berlin, (PresseBox) -
Rocket Internet SE (“Rocket Internet”, “the Company”) announces today that it has applied for admission of its shares to trading on the regulated market (Prime Standard) of the Frankfurt Stock Exchange. Trading of Rocket Internet’s shares on the regulated market is expected to commence around September 27, 2016.
“The uplisting has been an important goal for Rocket Internet and underscores our efforts to comply with the capital markets best practices”, says Oliver Samwer, CEO Rocket Internet.
Since Rocket Internet’s IPO in October 2014, the Company’s shares were listed on the non-regulated market (Entry Standard) of the Frankfurt Stock Exchange. The Company changed its accounting standards to International Financial Reporting Standards (IFRS) last year, which is a key requirement for a Prime Standard listing.
Disclaimer
This document contains forward-looking statements. These statements are based on the current views, expectations and assumptions of the management of Rocket Internet SE ("Rocket Internet") and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those described in such statements due to, among other things, changes in the general economic and competitive environment, risks associated with capital markets, currency exchange rate fluctuations and competition from other companies, changes in international and national laws and regulations, in particular with respect to tax laws and regulations, and other factors. Rocket Internet does not assume any obligations to update any forward-looking statements.
“The uplisting has been an important goal for Rocket Internet and underscores our efforts to comply with the capital markets best practices”, says Oliver Samwer, CEO Rocket Internet.
Since Rocket Internet’s IPO in October 2014, the Company’s shares were listed on the non-regulated market (Entry Standard) of the Frankfurt Stock Exchange. The Company changed its accounting standards to International Financial Reporting Standards (IFRS) last year, which is a key requirement for a Prime Standard listing.
Disclaimer
This document contains forward-looking statements. These statements are based on the current views, expectations and assumptions of the management of Rocket Internet SE ("Rocket Internet") and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those described in such statements due to, among other things, changes in the general economic and competitive environment, risks associated with capital markets, currency exchange rate fluctuations and competition from other companies, changes in international and national laws and regulations, in particular with respect to tax laws and regulations, and other factors. Rocket Internet does not assume any obligations to update any forward-looking statements.
Rocket Internet AG
Rocket Internet builds and invests in Internet companies that take proven online business models to new, fast-growing markets. Rocket Internet focuses on five industry sectors of online and mobile retail services that make up a significant share of consumer spending: Food & Groceries, Fashion, General Merchandise, Home & Living and Travel. Its network of companies operates a variety of business models in a large number of countries around the world with more than 36,000 employees at the end of 2015. Rocket Internet SE is listed on the Frankfurt Stock Exchange (ISIN DE000A12UKK6, RKET). For further information please visit www.rocket-internet.com.
The prospectus is available free of charge at Rocket Internet SE, Charlottenstraße 4, 10969 Berlin, Germany as well as on the internet on the Company's website.
