DGAP-News: Rocket Internet SE / Key word(s): Regulatory Approval
Rocket Internet SE: Uplisting to Prime Standard
- Rocket Internet has applied for admission to trading on the regulated market (Prime Standard) of the Frankfurt Stock Exchange
- Trading of Rocket Internet's shares on the regulated market is expected to commence around September 27, 2016
Berlin, Germany, September 23, 2016 - Rocket Internet SE ("Rocket Internet", "the Company") announces today that it has applied for admission of its shares to trading on the regulated market (Prime Standard) of the Frankfurt Stock Exchange. Trading of Rocket Internet's shares on the regulated market is expected to commence around September 27, 2016.
"The uplisting has been an important goal for Rocket Internet and underscores our efforts to comply with the capital markets best practices", says Oliver Samwer, CEO Rocket Internet.
Since Rocket Internet's IPO in October 2014, the Company's shares were listed on the non-regulated market (Entry Standard) of the Frankfurt Stock Exchange. The Company changed its accounting standards to International Financial Reporting Standards (IFRS) last year, which is a key requirement for a Prime Standard listing.
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About Rocket Internet
Rocket Internet builds and invests in Internet companies that take proven online business models to new, fast-growing markets. Rocket Internet focuses on five industry sectors of online and mobile retail services that make up a significant share of consumer spending: Food & Groceries, Fashion, General Merchandise, Home & Living and Travel. Its network of companies operates a variety of business models in a large number of countries around the
The prospectus is available free of charge at Rocket Internet SE, Charlottenstraße 4, 10969 Berlin, Germany as well as on the internet on the Company's website.