- From today, shares will be traded on the Frankfurt and Luxembourg Stock Exchanges
- Demerger of METRO GROUP successfully completed on schedule: METRO and CECONOMY are independent, stock listed companies
- Stock code B4B underlines the focus of new METRO as partner of inde-pendent companies
- New METRO presents itself at the start of trading on the Börsenplatz in Frankfurt
Shares in the new METRO commence trading at 9am today: For the first time, investors can authentically invest in the Wholesale and Food specialist business. At the opening of the Frankfurt Stock Exchange, shares in the new METRO will commence trading. Trading will also commence on the Luxembourg Stock Exchange. At the same time, shares in Consumer Electronics focused CECONOMY will start trading independently. The demerger of METRO GROUP into two independent, focused and stock listed companies has thus been completed.
"With the Stock Exchange listing of the new METRO we are entering the future. The new METRO is a clearly positioned wholesale and food specialist. Our chosen stock code B4B emphasizes our focus as a partner for independent businesses", says Olaf Koch, Chief Executive Officer of the new METRO. "We have successfully executed the demerger of METRO GROUP into two independent, focused and stock listed companies within the framework of our ambitious time schedule. This is due in particular to the great commitment of our employees. We have achieved a lot – for the benefit of our customers, employees and shareholders."
METRO shares will be traded on the Prime Standard of the Regulated Market of the Frankfurt Stock Exchange, as well as on the Luxembourg Stock Exchange. The opening quotation will be determined today at 9am as part of an opening auction on the trading platform Xetra. Shareholders in the former METRO AG, now CECONOMY, have also received an ordinary share in the new METRO in advance for each of the Company's regular shares. The same applies for the preferred shares. METRO shares will have the International Securities Identification Number (ISIN) DE000BFB0019 and the Securities Identification Number (Wertpapierkennnummer – WKN) BFB 001. The stock code will be B4B. The preferred shares have the ISIN DE000BFB0027, WKN BFB 002 and stock code B4B3.
The new METRO is a leading international wholesale and food specialist with over 150,000 employees in 35 countries. "Our goal is to offer our customers tangible and sustainable added value. We are concentrating on our four business segments: Our wholesale business with METRO and MAKRO markets in 25 countries, our Real hypermarkets, our growing supply chain business and our numerous digitalisation activities for our customers in the catering and retail sector", says Koch. "METRO is a partner for many small and medium sized independent businesses. Their success is at the heart of what we do. We emphasize absolute customer focus, digital solutions and sustainable business models."
To mark the start of trading, the new METRO will be present on Frankfurt's Börsen-platz between 8am and 3pm. The new METRO will introduce itself and its four busi-ness segments: The METRO Cash & Carry wholesale business, Real hypermarkets, food service distribution specialists and the digital unit HoReCa.digital will present selected examples from the food sector, the sector for which the new METRO company brand will stand.
The day of the listing can be followed via the Twitter handle @Metro_News. Images of the listing can be downloaded from www.metroag.de/mediacenter from 9am.