Brief: Deutsche Wohnen Applies For Change Of Segment To General Standard

Deutsche Wohnen SE

14/12/2021 09:39

Dec 14 (Reuters) - DEUTSCHE WOHNEN SE  DWNG.DE :
    * APPLIES FOR CHANGE OF SEGMENT TO GENERAL STANDARD ON THE
REGULATED MARKET OF THE FRANKFURT STOCK EXCHANGE
    * TRANSPARENCY WILL CONTINUE TO BE ENSURED
    * CHANGE OF SEGMENT WILL LEAD TO COST SAVINGS
    * TODAY, DEUTSCHE WOHNEN APPLIED TO HAVE ITS LICENCE TO
TRADE ITS
SHARES IN PRIME STANDARD SEGMENT OF FRANKFURT STOCK EXCHANGE
REVOKED
    * ADMISSION OF DEUTSCHE WOHNEN SHARES TO REGULATED MARKET
(GENERAL
STANDARD) WILL NOT BE AFFECTED BY THIS
    * CHANGE OF SEGMENT TO GENERAL STANDARD WILL BECOME
EFFECTIVE
THREE MONTHS FOLLOWING PUBLICATION OF DECISION TO REVOKE BY
BOARD OF DIRECTORS OF FRANKFURT STOCK EXCHANGE ON WEBSITE OF
DEUTSCHE BOERSE GROUP
    * THIS CHANGE OF SEGMENT AND ASSOCIATED DISCONTINUATION OF
EXTENDED CONTROL AND REPORTING OBLIGATIONS OF PRIME STANDARD IS
INTENDED TO ACHIEVE COST SAVINGS

Source text for Eikon:  ID:nEQ9nsGpza 
Further company coverage:  DWNG.DE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))