centrotherm photovoltaics AG plans switch of stock market segment
Blaubeuren, March 26, 2014 – With Supervisory Board approval, the Management Board of centrotherm photovoltaics AG (ISIN: DE000A1TNMM9/DE000A1TNMN7) has today passed a resolution to seek a switch of the stock market segment of centrotherm photovoltaics AG from the General Standard of the Regulated Market to the Entry Standard of the Open Market of the Frankfurt Stock Exchange.
This switch of stock market segment is intended to reduce the financial and organizational expense entailed in the shares’ listing on the Regulated Market. The quality Entry Standard segment will continue to provide shareholders with a high degree of transparency in the future.
In the Entry Standard, the tradability of the centrotherm photovoltaics AG share on the Frankfurt Stock Exchange will be fully retained in its scope to date.
Inclusion in the Entry Standard segment of the Open Market is to occur when the revocation of the listing on the Regulated Market becomes effective. This revocation will become effective six months after it is published by the management of the Frankfurt Stock Exchange. Until this date, prospectively by September 2014, the shares of centrotherm photovoltaics AG will continue to be listed in the General Standard of the Regulated Market of the Frankfurt Stock Exchange.
About centrotherm photovoltaics AG
centrotherm has been developing and realizing innovative thermal solutions for over 50 years. As a leading and globally operating technology group, we offer production solutions for the photovoltaic, semiconductor and microelectronic industries.
The continuous further development of our successful solutions in thermal processing and coating, such as for manufacturing crystalline solar cells and power semiconductors, form the basis for our successful partnerships with industry, research and development.
Our customers worldwide appreciate our production systems’ process stability, scalability and availability in mass production. Above and beyond this, our work is distinguished by the fact that we create high-end process technology solutions which are specific for our customers and tailored to their requirements, and the fact that we are outstanding in system building.
We jointly confront the daily challenges of setting new trends, maximizing the efficiency of producing, for example, solar cells and semiconductors, and, coupled with our long machine durations, of securing investments.
In this way, we generate valuable competitive advantages for our customers through targeted innovations to processes and production solutions.
Our around 800 staff worldwide are committed to the further development of high-tech solutions for key markets.
