GCI Management advises MS Industrie AG on the segment change to the market segment m:access at the Munich Stock Exchange
The shares of MS Industrie AG (WKN 585518; ISIN DE0005855183) were originally listed on the regulated market of the Frankfurt Stock Exchange. MS Industrie AG sought to change its segment from the regulated market to m:access at the Munich Stock Exchange, as the change brings numerous simplifications with regard to reporting requirements, which in MS Industrie AG’s view better suits the mid-market structure of the company. In addition, the change was accompanied by significant cost savings, particularly in the area of annual financial statement preparation and auditing.
GCI Management advised MS Industrie AG on the selection of the appropriate stock exchange segment, the structuring of the required public delisting tender offer, and the financing of the tender offer.