Rocket Internet AG (ISIN: DE000A12UKK6) has been listed in the Entry Standard of the Frankfurt Stock Exchange since 2 October. This makes approximately 150 million shares tradable. The initial listing price was €42.50; the issue price €42.50.
The consortium banks are Berenberg, J.P.Morgan and Morgan Stanley. Baader Bank AG is the specialist.
According to the company's own data, Rocket’s mission is to become the world’s largest Internet platform outside of the United States and China. Rocket studies Internet consumption trends and uses its operating platform to identify and build proven Internet business models in new, underserved or untapped markets, where it seeks to scale them into market leading companies. Rocket is focused on building online businesses across three sectors: e-commerce, marketplaces and financial technology. Since its founding in 2007 Rocket is expanding to over 100 countries, with more than 20,000 persons working across its network of companies today.
FTSE Mondo Visione Exchanges Index:
Deutsche Börse: Rocket Internet AG IPO In The Entry Standard
Date 02/10/2014