- First stock exchange price of EUR 4.31 rung with opening bell
- Top segment prime market offers large international stage
(Vienna) New entry in the top segment of the Vienna Stock Exchange: As of today, EuroTeleSites AG is listed in the prime market under the symbol ETS (ISIN: AT0000ETS9). The market capitalisation at the start of trading is around 716 million euros. Erste Group Bank AG and Raiffeisen Bank International AG act as market makers in continuous trading. The listing was preceded by a spin-off and transfer of Telekom Austria AG's radio tower business to EuroTeleSites AG. Telekom Austria shareholders receive one additional share in EuroTeleSites AG for every four shares held.
"With the bell ringing on the Vienna Stock Exchange today, we have made history. We are the only European telecommunications company to be spun off from a parent company and incorporated as a new tower company, and we entered the prime market on our first day of operations," says EuroTeleSites CEO Ivo Ivanovski, adding: "As the leading European tower company in CEE, we are a partner to the telecommunications industry. We provide reliable and innovative infrastructure solutions from Lake Constance to the Black Sea, meeting the ever-growing connectivity needs of 31 million people living in our catchment area."
"We are very pleased to welcome EuroTeleSites AG, the second prime market listing this year and furthermore a top provider of telecommunications infrastructure, to the Vienna trading floor. A listing in the quality segment of the Vienna Stock Exchange offers the best visibility on an internationally recognised trading venue and thus the ideal platform for further growth", says stock exchange CEO Christoph Boschan.
The new listing of EuroTeleSites AG increases the number of companies in the prime market to 42. AUSTRIACARD HOLDINGS AG was listed in the prime segment in March 2023. Issuers in the prime market voluntarily commit to meeting the highest transparency requirements.
Image: EuroTeleSites AG CEO Ivo Ivanovski, right, and CFO Lars Mosdorf ring in trading (jpg-file, 1 MB, © Vienna Stock Exchange/Alex Felten)
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