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FAQ: MAX Automation SE's Planned Switch from Prime Standard to General Standard
TL;DR
MAX Automation SE's move to General Standard reduces costs, freeing resources for strategic growth and operational development to enhance competitive advantage.
MAX Automation SE transitions from Prime Standard to General Standard on Frankfurt Stock Exchange, reducing administrative requirements while maintaining quarterly reporting and transparency.
By streamlining operations, MAX Automation SE can better focus on sustainable growth and reliable communication, benefiting stakeholders and market stability.
MAX Automation SE shifts stock exchange segments to cut red tape, redirecting savings toward innovative growth initiatives in niche markets.
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MAX Automation SE intends to transfer its listing within the Regulated Market of the Frankfurt Stock Exchange from the Prime Standard segment to the General Standard segment.
The company aims to make its capital market presence more efficient by reducing costs and administrative expenses tied to Prime Standard requirements, freeing up resources to focus on operational development and strategic growth initiatives.
MAX Automation SE will continue to voluntarily report on its business performance on a quarterly basis and maintain high standards of transparency and continuity in capital market communications, including reporting in German for its shareholder structure.
The Supervisory Board of MAX Automation SE, led by Chairman Guido Mundt, will submit the application to the management of the Frankfurt Stock Exchange to revoke admission to the Prime Standard while retaining admission to the General Standard.
The primary benefits are reduction of administrative requirements and related costs, allowing the company to focus more strongly on operational development and strategic growth initiatives while maintaining reliable capital market communication.
Yes, the company will remain listed in the Regulated Market under the General Standard, only changing from the Prime Standard segment which has additional post-admission obligations.
This move allows MAX Automation SE to strike a balance between operational efficiency and stock exchange requirements, enabling stronger focus on the operational development of the Group while ensuring continuous communication with the capital market.
Investors should contact Marcel Neustock in Investor Relations at Phone: +49 – 40 – 8080 582 75 or investor.relations@maxautomation.com. Media representatives should contact Susan Hoffmeister at CROSS ALLIANCE communication GmbH at Phone: +49 – 89 – 125 09 03 33 or sh@crossalliance.de.
Curated from NewMediaWire
