transtec share one of the first in the small to medium business segment Gate-M
Classification in “transparency class I” with increased publication duties/transtec share more attractive for private investorsTuebingen, Germany, 29 January 2004
transtec AG will file an application to list its shares in Gate-M, the new small to medium business segment on the Stuttgart stock exchange. The decision was made today by the Board of Management and the Supervisory Board of the Tuebingen-based system manufacturer. transtec will be one of the first companies to be listed in this segment that will probably start trading in the first quarter of 2004.
The Gate-M listing will make transtec AG’s share more attractive for private investors. transtec will apply for classification in transparency class I which entails special publication duties, such as publication of an annual report, as well as an interim report and two standardised research reports per year. The Stuttgart stock exchange guarantees daily pricing and offers public access to all company information and real time share prices via its online portal.
“The Gate-M listing will bring more investor attention to transtec shares,” explains Dieter Weisshaar, CEO of the Swabian company. “We are now able to fully and efficiently meet private investors’ demand for information, at much lower costs than with a prime or general standard listing.”
“The Gate-M listing will bring more investor attention to transtec shares,” explains Dieter Weisshaar, CEO of the Swabian company. “We are now able to fully and efficiently meet private investors’ demand for information, at much lower costs than with a prime or general standard listing.”