(Vienna) As of October 1, 2020, the trading offer of PIERER Mobility AG’s shares on the Vienna Stock Exchange will improve. Following the withdrawal of PIERER Mobility AG from the "standard market auction" (official market) as of September 30, 2020 the share will be included in the "global market". With the support of the market maker Baader Bank, the stocks will be tradable continuously from October onwards. Price determinations will be possible every single second between 9:05 a.m.-17:30 p.m. instead of only once per day within an auction, as is currently the case.
"We welcome the initiative of the Vienna Stock Exchange to include our share in the "global market" of globally operating companies," says Stefan Pierer, CEO PIERER Mobility AG.
About the Vienna Stock Exchange
As the main provider of market infrastructure in the region, Wiener Börse AG is the gate to global markets. Operating the stock exchanges in Vienna and Prague, the group offers state-of-the-art systems, information and IT services. Listed companies receive maximum liquidity and investors benefit from fast and cost-effective trading by the market leader. Wiener Börse AG also collects and distributes stock market data and calculates the most important indices of the region. Because of this unique know-how the national stock exchanges in Budapest, Ljubljana and Zagreb trust its IT services. Additionally, the group holds stakes in energy exchanges and clearing houses.
Exclusion of Liability
This press release may contain certain forward-looking statements and forecasts that are based on assumptions current made at the time of publication of this press release. We do not assume any liability for these forward-looking statements materializing. Furthermore, we would like to explicitly point out that this press release cannot serve as a basis for investment decisions and may not be construed as a solicitation to buy or a recommendation to invest by Wiener Börse AG. No liability is assumed for the information given in this press release.
