InCity Immobilien AG announces delisting from Frankfurt Stock Exchange’s regulated unofficial market

17 December 2024

InCity Immobilien AG has announced its decision to delist its shares (ISIN DE000A0HNF96 / WKN A0HNF9) from the regulated unofficial market (Basic Board) of the Frankfurt Stock Exchange. The resolution was approved today by the Company’s Management Board with the consent of the Supervisory Board. The formal delisting notice will be submitted to the Frankfurt Stock Exchange immediately.

Trading of InCity shares on the regulated unofficial market will cease following the standard three-month notice period, with an expected final trading date of 17 March 2025. Shareholders will continue to have the opportunity to trade their shares on the Frankfurt Stock Exchange until this date.

The decision to delist primarily reflects the costs, ongoing obligations, and transparency requirements associated with being listed, as well as the associated risks. With Realsoul Holding S.A., InCity’s permanent anchor shareholder holding a majority stake, the Company no longer relies on capital market financing. The delisting is expected to streamline operations and reduce administrative and other related expenses moving forward.

By opting for delisting, InCity Immobilien AG aims to optimize its cost structure and focus on its long-term strategic objectives.

If you would like your ad here, please  contact us.
LATEST NEWS