16.12.2024 11:23:32

EQS-Adhoc: INCITY IMMOBILIEN AG RESOLVES TO DELIST FROM REGULATED UNOFFICIAL MARKET AT FRANKFURT STOCK EXCHANGE

EQS-Ad-hoc: InCity Immobilien AG / Key word(s): Delisting
INCITY IMMOBILIEN AG RESOLVES TO DELIST FROM REGULATED UNOFFICIAL MARKET AT FRANKFURT STOCK EXCHANGE

16-Dec-2024 / 11:23 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Schönefeld, 16 December 2024 – InCity Immobilien AG resolves to delist from regulated unofficial market at Frankfurt Stock Exchange

The Management Board of InCity Immobilien AG (“InCity” or the “Company”) resolved today, with the approval of the Supervisory Board, to delist InCity’s shares (ISIN DE000A0HNF96 / WKN A0HNF9) from the regulated unofficial market (Basic Board) of the Frankfurt Stock Exchange. The Company’s Management Board will send the according delisting notice to the Frankfurt Stock Exchange today.

At the end of the three-month notice period, trading in the Company’s shares on the regulated unofficial market of the Frankfurt Stock Exchange will cease (i.e. prospectively on 17 March 2025). Until the end of the three-month period, the Company’s shareholders will continue to have the opportunity to trade their shares on the regulated unofficial market of the Frankfurt Stock Exchange.

The decision to delist was made particularly in light of the costs, follow-up and transparency obligations associated with inclusion in stock exchange trading and the associated risks. In addition, due to its permanent anchor shareholder Realsoul Holding S.A. which holds a majority interest in InCity, the Company is no longer necessarily dependent on corporate financing via the capital market. The delisting is expected to reduce the Company’s administrative and other expenses in future.
Reporting and contact person:
Michael Freund
Sole member of the Management Board (CEO)
InCity Immobilien AG
Lilienthalstrasse 2
12529 Schönefeld, Germany
Phone: +49 (0)30 403 64 77-0
E-mail: ir@incity.ag


End of Inside Information

16-Dec-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: InCity Immobilien AG
Lilienthalstraße 2
12529 Schönefeld
Germany
Phone: IR: +49 (0) 30 4036477 0 PR: +49 (0) 30 2844987 62
Fax: +49 (0) 30 403 647 790
E-mail: ir@incity.ag
Internet: www.incity.ag
ISIN: DE000A0HNF96
WKN: A0HNF9
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Stuttgart, Tradegate Exchange
EQS News ID: 2051175

 
End of Announcement EQS News Service

2051175  16-Dec-2024 CET/CEST

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