Scout 24 AG (ISIN: DE000A12DM80) has been listed in the Prime Standard of the Frankfurt Stock Exchange since 1 October. A total of 38.64 million shares were placed in the IPO. The total issue volume, including greenshoe was approximately €1,159 million. The initial listing price was €30.75; the issue price €30.00.
The IPO was accompanied by Credit Suisse and Goldman Sachs International. Both also act as a designated sponsor on Xetra. Oddo Seydler has the role of the specialist on the Börse Frankfurt venue.
According to information provided by the company, Scout24 operates leading digital classifieds platforms in Germany and other selected European countries. The main operations under the umbrella brand Scout24 are the digital marketplaces ImmobilienScout24 and AutoScout24. ImmobilienScout24 is the leading digital real estate classifieds platform in Germany, based on consumer traffic and time spent as well as customer numbers and listings. AutoScout24 is a leading automotive digital classifieds platform in Europe, in terms of unique monthly visitors and listings.
