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Telefónica Deutschland Holding AG (ISIN: DE000A1J5RX9) joined the Prime Standard of the Frankfurt Stock Exchange on 30 October. The placement volume in shares at the IPO totalled 258,750,000. The placement price was €5.60 and the initial listing price €5.70.
J.P. Morgan and UBS Investment Bank are the lead managers. Walter Ludwig Wertpapierhandelsbank is supporting the IPO as designated sponsor.
“We warmly welcome Telefónica Deutschland Holding to the Prime Standard of the Frankfurt Stock Exchange. We are particularly delighted because this is the largest IPO on the Frankfurt Stock Exchange since 2007. Going public is an important strategic step for companies, including in terms of international positioning and strengthening their ability to compete globally,” said Frank Gerstenschläger, member of the Executive Board responsible for Deutsche Börse's cash market.
“Today marks a special milestone in our company's history. We are very proud that Telefónica Deutschland is listed on the Prime Standard at Deutsche Börse,” said René Schuster, Chief Executive Officer of Telefónica Deutschland Holding AG. “We want to further expand our strong position as the most rapidly growing integrated telecommunications company in Germany in the future.”
According to information from the company, Telefónica Deutschland is the third-largest integrated telecommunications provider in Germany with more than 25 million customer connections (as at 30 June 2012). The company offers both its private and business customers in Germany post- and prepaid mobile communications products, along with innovative mobile data services on the basis of GPRS, UMTS and LTE technology. As an integrated communications provider, the company also offers DSL landline telephony and high-speed Internet services. The group generated over €5 billion of revenue in financial year 2011. Telefónica Deutschland and its wholly-owned operating subsidiary Telefónica Germany GmbH & Co. OHG are part of the Spanish telecommunications group Telefónica S.A.
2012 has thus far seen seven IPOs in the Prime Standard and three in the Entry Standard.Telefónica Deutschland Holding AG (ISIN: DE000A1J5RX9) joined the Prime Standard of the Frankfurt Stock Exchange on 30 October. The placement volume in shares at the IPO totalled 258,750,000. The placement price was €5.60 and the initial listing price €5.70.
J.P. Morgan and UBS Investment Bank are the lead managers. Walter Ludwig Wertpapierhandelsbank is supporting the IPO as designated sponsor.
“We warmly welcome Telefónica Deutschland Holding to the Prime Standard of the Frankfurt Stock Exchange. We are particularly delighted because this is the largest IPO on the Frankfurt Stock Exchange since 2007. Going public is an important strategic step for companies, including in terms of international positioning and strengthening their ability to compete globally,” said Frank Gerstenschläger, member of the Executive Board responsible for Deutsche Börse's cash market.
“Today marks a special milestone in our company's history. We are very proud that Telefónica Deutschland is listed on the Prime Standard at Deutsche Börse,” said René Schuster, Chief Executive Officer of Telefónica Deutschland Holding AG. “We want to further expand our strong position as the most rapidly growing integrated telecommunications company in Germany in the future.”
According to information from the company, Telefónica Deutschland is the third-largest integrated telecommunications provider in Germany with more than 25 million customer connections (as at 30 June 2012). The company offers both its private and business customers in Germany post- and prepaid mobile communications products, along with innovative mobile data services on the basis of GPRS, UMTS and LTE technology. As an integrated communications provider, the company also offers DSL landline telephony and high-speed Internet services. The group generated over €5 billion of revenue in financial year 2011. Telefónica Deutschland and its wholly-owned operating subsidiary Telefónica Germany GmbH & Co. OHG are part of the Spanish telecommunications group Telefónica S.A.
2012 has thus far seen seven IPOs in the Prime Standard and three in the Entry Standard.
