MWB AG Rings in New Era with Vienna Stock Exchange Listing

MWB AG Rings in New Era with Vienna Stock Exchange Listing

(IN BRIEF) MWB AG, a German company specializing in luxury watch trading across the DACH region, celebrated a significant achievement today as it commenced trading on the Vienna Stock Exchange’s direct market plus segment. With NuWays AG acting as underwriter and capital market coach, MWB AG’s listing marks a pivotal step in their growth strategy, leveraging the platform to expand their digital business model and capitalize on market opportunities. The listing underscores Vienna’s role as a supportive hub for small to medium-sized enterprises seeking to access capital markets and pursue further growth initiatives.

(PRESS RELEASE) VIENNA, 2-Jul-2024 — /EuropaWire/ — July 1st marks a significant milestone for MWB AG as the company celebrates its listing on the Vienna Stock Exchange. The Managing Board of MWB AG ceremoniously rang the stock exchange bell, signaling the commencement of trading in the exchange-regulated direct market plus segment. Investors can now participate in daily auctions for MWB AG shares with price determination at 1:30 pm. Headquartered in Germany, MWB AG specializes in luxury watch trading and services within the DACH region. NuWays AG serves as the underwriter and capital market coach for the listing.

Leon Schelske, CEO of MWB AG, expressed enthusiasm about the listing: “We are thrilled to be listed in Vienna, marking a significant achievement for MWB AG. As a rapidly expanding company with an innovative digital business model, this listing will accelerate our growth trajectory and allow us to capitalize on market opportunities.”

Since 2019, the Vienna MTF has been facilitating listings for small and medium-sized enterprises (SMEs) and emerging startups through its direct market and direct market plus segments. This platform provides easy access to the stock exchange, offering companies like MWB AG a strategic avenue for capital market development and potential equity financing. Approximately 100 direct network partners provide guidance and support to companies navigating the complexities of stock exchange listings.

About the Vienna Stock Exchange

As the central infrastructure provider in the region, Wiener Börse AG opens doors to global markets. It operates the stock exchanges in Vienna and Prague. Listed companies benefit from maximum liquidity there, and as the market leader it offers investors fast and inexpensive trading. Wiener Börse collects and distributes price data and calculates the most important indices for a dozen markets in the region. Thanks to its unique know-how, the national exchanges in Budapest, Ljubljana and Zagreb also rely on the IT services of the Vienna Stock Exchange. In addition, it is involved in other energy exchanges and clearing houses in the region.

Disclaimer

This press release may contain certain forward-looking statements and projections based on assumptions current at the date of this press release. We assume no liability whatsoever that these forward-looking statements will occur. Furthermore, we expressly point out that this press release does not serve as a basis for an investment decision and constitutes neither an invitation to buy nor an investment recommendation by Wiener Börse AG. The information in this press release is provided without guarantee.

Media Contact:

Anita Schatz
Corporate Communications
anita.schatz​(a)​wienerboerse.at
+43 1 531 65-212

SOURCE: Wiener Börse AG