Deutsche Börse draws a positive interim balance of its SME segment Scale, which was launched exactly one year ago. The number of shares listed in Scale has since risen to 49, with five of these companies joining the segment via an IPO.
Liquidity in the companies listed in Scale rose on average by 130 percent year-on-year in 2017, and trading turnover between March and the end of 2017 was around €2.8 billion. The Scale indices, including the AllShare index and recently launched Scale30 selection index, have increased by more than 30 percent since the segment was launched, and have far exceeded the performance of the DAX, MDAX and SDAX.
“Scale has introduced new services and indices which have significantly increased the liquidity and visibility of the companies. Mid-term we are therefore expecting more IPOs in Frankfurt among small and medium-sized enterprises,” said Hauke Stars, Executive Board member at Deutsche Börse.
Scale offers institutional investors, private investors and issuers other services such as research reports, the option to subscribe to equities before an IPO and the Investor Targeting programme, which ran for the first time last autumn and is due to be expanded this year. For this, Deutsche Börse organises international investor events which allow individual Scale companies to meet selected investors in an small circle in London, Monaco, Paris and Geneva. In addition to institutional investors, these include family offices, retail investors and assets managers.
The freely accessible research reports can be viewed amongst others via the boerse-frankfurt.de investor portal, and have already been downloaded more than 80,000 times since the segment was launched. Great interest from capital market partners, which support companies prior to their IPO as well as during the entire listing period, has also been generated. The current number of partners has risen from 34 to 67.
Additional information on the Scale segment is available here.
