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21/04/2026 17:35
EQS-Adhoc: paragon GmbH & Co. KGaA Decides to Prepare for the Transition from the Regulated Market (Prime Standard) to the Scale Segment of the Frankfurt Stock ExchangeEQS-Ad-hoc: paragon GmbH & Co. KGaA / Key word(s): Other/Other paragon GmbH & Co. KGaA Decides to Prepare for the Transition from the Regulated Market (Prime Standard) to the Scale Segment of the Frankfurt Stock Exchange Delbrück, April 21, 2026 – The management of paragon GmbH & Co. KGaA (ISIN DE0005558696, ticker symbol: PGN) decided today to prepare for the transfer of the company’s limited partnership shares from the regulated market (Prime Standard) to the over-the-counter segment Scale on the Frankfurt Stock Exchange. The segment change is intended to reduce the regulatory and administrative burden associated with a listing on the regulated market (Prime Standard) while maintaining the company’s presence on the Frankfurt Stock Exchange. Scale is a segment of the Open Market of the Frankfurt Stock Exchange that is specifically aimed at growth companies as well as small and medium-sized enterprises (SMEs) and, in the firm belief of the management, is better suited to the company’s current size than the Prime Standard. Following the entry into force of the relevant amendments to Section 39 of the Stock Exchange Act (BörsG) through the Location Promotion Act on February 10, 2026, a switch from the regulated market to an SME growth market within the meaning of Section 48a of the Stock Exchange Act (BörsG) no longer requires a delisting tender offer. As soon as the Frankfurt Stock Exchange confirms that the relevant inclusion requirements have been met, management will submit a final application to the Frankfurt Stock Exchange to revoke the admission of the Company’s limited partnership shares to the regulated market (Prime Standard), specifying the last day of listing on the Prime Standard, and will simultaneously arrange for the inclusion of the shares in the Scale segment. Subject to the fulfillment of these requirements, the Company expects to be able to complete this transition by the second quarter of 2026 at the latest. The company will report on the further course of the proceedings. About paragon GmbH & Co. KGaA paragon GmbH & Co. KGaA (ISIN DE0005558696), listed on the Regulated Market (Prime Standard) of Deutsche Börse AG in Frankfurt am Main, develops, produces, and markets forward-looking solutions in the fields of automotive electronics, body kinematics, and electromobility. The portfolio of this market-leading direct supplier to the automotive industry includes, in the Electronics segment, innovative air quality management, modern display systems, and high-end acoustic systems. In the Mechanics segment, paragon develops and produces active mobile aerodynamic systems. In the rapidly growing automotive market for battery systems, paragon supplies battery management systems and drive batteries through its Power division. In addition to its headquarters in Delbrück (North Rhine-Westphalia), paragon GmbH & Co. KGaA and its subsidiaries maintain locations in Suhl (Thuringia), Landsberg am Lech and Nuremberg (Bavaria), St. Georgen (Baden-Württemberg), Limbach (Saarland), as well as in Kunshan (China), Detroit (USA), Bengaluru (India), and Oroslavje (Croatia). Capital Markets Contact paragon GmbH & Co. KGaA Klaus Dieter Frers Email: investor@paragon.ag End of Inside Information 21-Apr-2026 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
2312312 21-Apr-2026 CET/CEST Source : Webdisclosure.com |
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