02.02.2017
Nabaltec AG DE000A0KPPR7
DGAP-News: Nabaltec AG planning to switch to the new SME segment of Deutsche Börse AG
DGAP-News: Nabaltec AG / Key word(s): Miscellaneous
Nabaltec AG planning to switch to the new SME segment of Deutsche Börse AG
02.02.2017 / 14:40
The issuer is solely responsible for the content of this announcement.
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Nabaltec AG planning to switch to the new SME segment of Deutsche Börse AG
Schwandorf, 2 February 2017 - Nabaltec AG is planning to switch to the new
SME market segment of Deutsche Börse AG as of 1 March 2017. An application
for inclusion in this segment will be filed with Deutsche Börse AG.
"We consider the SME segment of Deutsche Börse AG for the purpose of
transparency and as a quality indicator to be a suitable step forward from
the Entry Standard segment so that mid-sized companies like us can continue
to be traded over-the-counter," said Johannes Heckmann, Nabaltec AG's CEO.
"This switch is the logical next step for us given that we have already
adopted transparent practices, for example, with quarterly reports and
bilingual reporting."
Nabaltec AG share has been traded over-the-counter in the "Entry Standard"
segment of Deutsche Börse AG since 2006. From the beginning of its listing,
the company has consistently exceeded the prescribed minimum standards for
reporting duties. Examples include the issuance of quarterly reports in
accordance with IFRS in German and in English, a voluntary commitment to
adhere to a four-month deadline for publication of the annual report and
coverage through routine analyst reports. In addition, Nabaltec AG already
adheres to the specifications of the German Corporate Governance Code on a
voluntary basis. Nabaltec AG will maintain its current reporting cycle in
the future, which will be supplemented by research reports from research
providers selected by Deutsche Börse AG.
About Nabaltec AG:
Nabaltec AG, with registered office in Schwandorf, a chemicals business
which has received multiple awards for innovativeness, manufactures,
develops and distributes highly specialized products based on aluminum
hydroxide ("ATH") and aluminum oxide, as well as other raw materials, on an
industrial scale through its two product segments, "Functional Fillers" and
"Technical Ceramics." The company's product range includes halogen-free
flame retardant fillers and functional additives for the plastics industry.
Flame retardant fillers are used e.g. in cables in tunnels, airports, high-
rise buildings and electronic devices, while additives have applications in
catalysis and in electric vehicles. Nabaltec also produces base materials
for use in technical ceramics and the refractory industry. Unlike
halogenated flame retardants, flame retardant fillers contain no hazardous
substances and do not require separate disposal. Rather, they actually
decrease the development of fumes hazardous to human health and the
environment in the event of fire. Nabaltec maintains production sites in
Germany and the US and plans to continue to develop its market position by
expanding capacity, further optimizing processes and quality and making
strategic extensions to its product range. On the strength of its specialty
products, the company strives to attain the market leadership in each
segment.
Contact:
Heidi Wiendl-Schneller
Nabaltec AG
Phone: +49 9431 53-202
Fax: +49 9431 53-260
E-mail: [email protected]
Frank Ostermair/Vera Müller
Better Orange IR & HV AG
Phone: +49 89 8896906-14
Fax: +49 89 8896906-66
E-mail: [email protected]
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02.02.2017 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Nabaltec AG
Alustraße 50-52
92421 Schwandorf
Germany
Phone: +49 9431 53-0
Fax: +49 9431 53-260
E-mail: [email protected]
Internet: www.nabaltec.de
ISIN: DE000A0KPPR7, DE000A1EWL99
WKN: A0KPPR, A1EWL9
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Munich,
Stuttgart, Tradegate Exchange; Open Market (Entry
Standard) in Frankfurt
End of News DGAP News Service
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