Deutsche Börse Cash Market Division

09/16/2021 | Press release | Distributed by Public on 09/16/2021 02:28

Vitesco Technologies Group Aktiengesellschaft new in the Frankfurt Stock Exchange's Prime Standard

Vitesco Technologies Group Aktiengesellschaft (ISIN: DE000VTSC017) has been listed in the Prime Standard on the Frankfurt Stock Exchange since today. The shares had an initial listing price of €59.80.

The listing was accompanied by BofA Securities, Deutsche Bank and J.P. Morgan. Hauck & Aufhäuser acts as designated sponsor on Xetra. Specialist on the trading venue Börse Frankfurt is Baader Bank.

According to its own information, Vitesco Technologies Group Aktiengesellschaft is a leading international developer and manufacturer of modern drive technologies for sustainable mobility. As a spin-off of the automotive supplier Continental the company, headquartered in Regensburg, employs nearly 40,000 people. Last year, Vitesco Technologies achieved a revenue of over €8 billion.