Tradability and market development opportunities
At this point we would like to go back to the planned stock exchange listing. Most of you – especially those who also subscribed to AUPARO shares – will still remember that our original planning with regard to the stock exchange listing was based on May 2021. We adjusted this planning after the Annual General Meeting and are now planning the listing as part of an IPO (= capital increase and stock exchange listing) for the fourth quarter of this year.
There are two reasons for this: tradability and market development opportunities.
As part of the capital increase at the beginning of the year, we found that with the pleasing high number of new shareholders, a large number of custodian banks had also been added. This presents us with the challenge that we would like to guarantee all shareholders – regardless of their custodian bank – the best possible tradability of the shares. This would only have been possible to a limited extent during the initial planning. With the listing now planned for the fourth quarter and the stock exchange targeted there, we can offer you more affiliated custodian banks and trading on XETRA. This makes AUPARO shares easier and more comprehensive for you as a shareholder.
The second key aspect is the fact that with a listing in the fourth quarter we can provide the market and you as shareholders with more data and business figures. We will prepare half-yearly financial statements and publish them at the beginning of August. All figures and business transactions of the first half of 2021 are recorded in it and can thus serve you as a shareholder as well as potential new shareholders as a well-founded set of figures. This additional information enables a solid and realistic assessment of AUPARO, including the corresponding price potential.