- Shares of CROSS Industries AG listing on the Vienna Stock Exchange (ISIN AT0000820659)
- 210,000,000 new shares admitted to the Official Market of the Vienna Stock Exchange
- Upgrade to the prime market is proposed
Shares of CROSS Industries AG listing on the Vienna Stock Exchange
By reference to the ad hoc announcement dated 2 June 2015, CROSS Industries AG informs that the Vienna Stock Exchange has admitted to trading on the Official Market the 210,000,000 new shares issued in the course of the merger. The new shares are tradable as of 8 June 2015 (ISIN AT0000820659).
Upgrade to the prime market is proposed
The shares of the company are currently traded in the market segment mid market (continuous trading). The company intends an upgrade to the prime market over the coming weeks. In order to meet the market capitalization requirements for an upgrade to the prime market, the major shareholder Pierer Industrie AG intends to sell up to 25% of the company’s share capital to free float shareholders in the course of a private placement which is not subject to the approval and publication of a prospectus.
Record results in the first quarter 2015 of CROSS Industries AG
| Earnings figures | Q1 2015 | Q1 2014 | Chg.in % | |
| Revenue | m€ | 301.7 | 248.2 | 22% |
| EBIT | m€ | 27.8 | 21.1 | 32% |
| EBIT margin | in % | 9.2% | 8.5% | – |
| Result after tax | m€ | 16.8 | 11.8 | 43% |
| Number of employees as of 31 March | 4,255 | 3,825 | 11% |
Legal Notice
This announcement neither constitutes an offer to sell securities nor an invitation to submit an offer to buy securities of CROSS Industries AG.