The Frankfurt Stock Exchange saw the first-time listing of a Ukrainian company on Tuesday with TMM Real Estate Development (US87260H1041). Global Depositary Shares (GDS) of TMM have been included in exchange trading on the Open Market.
Within the framework of a private placement the Ukrainian investment bank Concorde Capital placed more than 75 Mio. Euro. Lead broker and Designated sponsor is Equinet AG.
According to information provided by TMM, the company is one of the leading Real Estate Development companies in the Ukraine with a focus on High-End Real Estate. TMM was founded in 1992 and has its headquarters in Kiev.
Deutsche Börse remains extremely committed to attracting Listings from Central- and Eastern-Europe on the Frankfurt Stock Exchange. In February the two Russian companies ZAAB AG und IBS Group have been included in the Open Market of the Frankfurt Stock Exchange.