Eschborn/Hamburg, 15 April 2003. Effective 15 April 2003, Deutsche Börse AG has admitted Deutsche EuroShop AG to the Prime Standard in line with its new stock exchange regulations.
“Belonging to this segment is a key factor in improving the Company’s visibility on the capital market,” explained Executive Board member Claus-Matthias Böge. As a result, the Company will also be publishing quarterly reports and holding annual analyst conferences among other things in future, in line with Deutsche Börse AG’s post-admission obligations.
Deutsche EuroShop AG recently announced a 37% increase in its operating result to € 24.8 million for financial year 2002. The Company plans once again to use its unappropriated surplus of € 30 million to distribute a tax-free dividend of € 1.92 per share.
The Company’s admission to the new stock market segment and the continuation of its established dividend policy have created a solid basis on which it can gain the confidence of additional shareholders and interested parties.