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VanCamel AG shares (ISIN: DE000A1RFMM9) have been tradable in the Prime Standard of the Frankfurt Stock Exchange since 8 October. The initial listing price was €2.10.
BankM – Representative Office of biw Bank für Investments und Wertpapiere AG is acting as lead manager and designated sponsor; Wolfgang Steubing AG is specialist.
“We welcome VanCamel AG to the Frankfurt Stock Exchange. In the Prime Standard the company has selected the segment with the highest transparency requirements and is thus excellently positioned for international investors,” said Dr Cord Gebhardt, Head of Primary Markets at Deutsche Börse AG.
“The listing is a strategic step to further strengthen our competitiveness especially in comparison to companies listed in Hong Kong. As Germany and the Frankfurt Stock Exchange are held in high esteem in China, this contributes to increase the reputation of VanCamel towards business partners, consumers and investors,” said Xiaming Ke, CEO of VanCamel AG.
VanCamel is a clothing company headquartered in China. According to company sources, it was founded in 2003 and manufacturers and sells menswear in nine main categories, including jackets, t-shirts and footwear. Its retail network includes 2,050 shops in 18 Chinese provinces.
