Corporate News

Avemio AG moves up to the primary market of the Düsseldorf Stock Exchange

Düsseldorf, May 11, 2023 – Avemio AG, a leading system supplier for hardware and software in the field of professional broadcast, media, audio and video solutions, has been promoted to the primary market of the Düsseldorf Stock Exchange with a continuous listing as of today, May 11, 2023. The Exchange has approved the request for change. The primary market is a listing segment in the over-the-counter market of the Düsseldorf Stock Exchange in which shares as well as other securities are listed. Issuers undertake to comply with special disclosure standards and to continuously provide investors with comprehensive information about the company. As of May 22, 2023, the shares of Avemio AG will also be tradable via the Xetra system. ICF Bank AG acts as designated sponsor and continuously supports the tradability of the Avemio share by providing binding bid and ask prices.

“The advancement of the Avemio share to the primary market is part of our growth strategy and capital market story. Investors will also be able to trade our share on the Xetra system from May 22. At the same time, the share and the company will benefit from the higher transparency and attention,” Ralf P. Pfeffer, CEO of Avemio AG, explains the change. “The higher stock market segment allows us to address additional investor groups in the future and convince them of our equity story.”

About Avemio AG

Avemio AG, with its wholly owned subsidiary Teltec AG, is the top-selling trading group for professional film and television technology in the German-speaking market. The object of the group of companies is trading in professional film and television equipment, related consumables and accessories. This also includes consulting and technical support for complete production, post-production and broadcast systems. Teltec AG holds 100% of the shares in each of the companies VCT Videocation Creative Tools GmbH, VDH Video Data Handels GmbH, VDT Video Data Technik GmbH, BPM Broadcast & Professional Media GmbH and generates sales of approx. 100 million euros. The share capital of Avemio AG is divided into 3,432,150 bearer shares, of which 300,000 are currently listed on the open market of the Düsseldorf Stock Exchange under ISIN: DE000A2LQ1P6 / WKN: A2LQ1P. The remaining 3,132,150 bearer shares (newly created in 2023) are currently listed on the Regulated Unofficial Market of the Düsseldorf Stock Exchange under ISIN: DE000A2GSYL0 / WKN A2GSYL and will be equated with the upcoming Annual General Meeting in 2023.

Ralf P. Pfeffer
Chairman of the Board

Press contact:
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Bahnhofstr. 98
D-82166 Gräfelfing/Munich
Tel: +49 89 125 09 03-30

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