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Continental's subsidiary Aumovio debuts on Frankfurt Stock Exchange

FRANKFURT, Sept 18 (Reuters) - Auto supplier Aumovio AMV0n.DE, spun off from Continental CONG.DE, listed on the Frankfurt Stock Exchange for the first time on Thursday with a price of 35 euros per share.

Continental shareholders automatically receive an additional Aumovio share in their portfolio for every two shares they hold.

The carved-out automotive division marks the first listing in the Prime Standard this year in Germany.

Since it is a spin-off, the company will not receive any fresh money from the stock market listing.

 (Reporting by Emma-Victoria Farr,
Editing by Ludwig Burger)

 ((ludwig.burger@thomsonreuters.com;))

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