As of today, Ecommerce Alliance AG (ISIN DE000A12UK08) is being traded in the SME segment m:access of the Munich stock exchange. The Munich-based investment company with focus on ecommerce companies has taken the announced closure of the Entry Standard segment as occasion to move to different stock market segment.
“The Munich stock market segment m:access is a perfect fit for the requirements of Ecommerce Alliance AG, while at the same time satisfying the needs of our investors for publicity and therefore transparency”, explains Daniel Wild, CEO of Ecommerce Alliance AG. “The new listing in m:access is well-structured and tailor-made for us in close personal communication with the Munich stock market.”
As a quality segment of Munich’s stock market, m:access ensures high transparency by way of a specialist accreditation and other obligations as a result of the listing that are closely aligned with the regulated market, setting the segment significantly apart from typical free trading. The obligatory analyst conferences organised for issuers as a result of the listing in m:access are another argument in favour of having Ecommerce Alliance AG listed in the SME segment of the Munich stock market. The change to m:access furthermore allows Ecommerce Alliance AG to optimise their cost structure.
The market segment m:access, which is designed to specifically cater to the SME segment, offers an established market with relevant tradability of the Ecommerce Alliance share, which will also continue to be traded at all other German stock markets, including XETRA.
