The decision pertains to the revocation of the admission of Vantage Towers AG shares for trading on the regulated market of the Frankfurt Stock Exchange under ISIN DE000A3H3LL2. This revocation was initially announced in the ad hoc announcement on March 21, 2023, and subsequently applied for the revocation of shares of Vantage Towers AG for trading on the regulated market of the Frankfurt Stock Exchange under ISIN DE000A3H3LL2, including the sub-segment of the regulated market with additional post-admission obligations (Prime Standard). The revocation will take effect on May 9, 2023, after the expiry of the stated date. Vantage Towers will also apply to other trading platforms to cease trading of Vantage Towers shares in the over-the-counter market on other stock exchanges as of May 9, 2023, or shortly thereafter, and discontinue any existing listings from that date.
Following the settlement of the voluntary public takeover offer on March 22, 2023, Oak Holdings GmbH already held a majority stake of approximately 89.26% of the shares in Vantage Towers AG. The delisting follows the delisting offer made by Oak Holdings GmbH on April 5, 2023. The offer period for this delisting offer expired on May 3, 2023, and resulted in the tender of an additional approximate 0.04% of the shares in Vantage Towers AG to Oak Holdings GmbH.
After May 9, 2023, all transparency obligations associated with a stock exchange listing on a regulated or organized market, including the ad hoc disclosure obligation, and the requirement to prepare half-yearly financial reports and quarterly statements will no longer apply.