(Vienna) Lenzing AG will start listing on the Vienna Stock Exchange’s prime market – the premium segment – as of 18 April 2011. Lenzing AG has been traded on the market segment Standard Market Continuous up to now; the stocks were initially listed on 19 September 1985. With a market capitalization of around EUR 2.26 billion (as of 13 April 2011), Lenzing AG is one of the largest companies of the prime market of the Vienna Stock Exchange.
The Lenzing Group is an international group of companies with headquarters in Austria, production sites in all major markets and a global network of sales and marketing offices. Lenzing provides the global textile and nonwovens industry with high-quality man-made cellulose fibers based on the renewable resource wood.
About the Vienna Stock Exchange
The Vienna Stock Exchange is a 100% subsidiary of the CEE Stock Exchange Group (CEESEG) which also includes the stock exchanges of Budapest, Ljubljana and Prague. The CEE Stock Exchange Group is the largest stock exchange group in the region and accounts for half of total market capitalization and around one-third of total equity turnover in Central and Eastern Europe. CEESEG simplifies access to markets and trading with the aim to increase liquidity on the local exchanges. At the same time, the Group organizes joint activities to raise international recognition of the four markets.