Investor Relations
FAQ on the delisting of the Ekotechnika share
Ekotechnika AG released an ad-hoc announcement on 27 September 2023, that the Executive Board of Ekotechnika AG, with the approval of the Supervisory Board, decided to withdraw the inclusion of the shares (ISIN: DE000A161234) in the Primary Market (“Primärmarkt”) of the Düsseldorf Stock Exchange and to apply for a full delisting of its shares. The inclusion in the Primary Market of the Düsseldorf Stock Exchange ended on 31 October 2023, and the subsequent inclusion of the shares in the Open Market of the Düsseldorf Stock Exchange ended on 30 April 2024. Ekotechnika AG shareholders can find answers to the most frequently asked questions here.
What happens to my shares (as a retail investor) as a result of the (complete) delisting?
The fungibility and visibility of the shares are considerably restricted by the delisting. Shareholders' rights, including the right to participate and exercise voting rights at the Annual General Meeting, remain unchanged. However, as a result of the delisting, the shares held can only be sold over the counter if the seller finds a buyer.
Why has the decision only been taken in September 2023? The reasons given have been relevant for some time.
We initially hoped that the situation in Ukraine would improve more quickly. From today's perspective, this is not the case. In addition, we unfortunately see that capital market interest in companies with the focus of their operating activities in Russia is likely to remain very low for years to come.
Will Ekotechnika still report on financial figures or important corporate events in the future?
The company's annual and consolidated financial statements will continue to be published in accordance with statutory requirements. The further procedure for publishing important corporate news (for example in the form of press releases/corporate news) will be decided on a case-by-case basis.