FLUXX AG applies for admission to the Prime Standard
Kiel – The Kiel-based gaming specialist FLUXX AG (ISIN DE0005763502) today applied to the Frankfurt Stock Exchange to switch from the General to the Prime Standard.
„In taking this step, we are signalling our intentions to the capital market in our capacity as a listed company,“ explained Rainer Jacken, Board spokesman of FLUXX AG. „Following the successful restructuring of our company and its very successful stock market performance in 2004, we are convinced that FLUXX is set to capture the attention of domestic and international investors again. We want to respond by openly embracing greater transparency.“
As a result of switching to the Prime Standard, which is still subject to the approval of the admissions board of the Frankfurt Stock Exchange, FLUXX will once again publish quarterly reports in German and English from the 2005 financial year (January 1 – December 31), and hold an analyst meeting at least once a year. FLUXX already satisfies all other consequential obligations of admission for listing in the premium segment of the Frankfurt Stock Exchange, such as the publication of ad hoc information in German and English, the publication of a financial calendar and the appointment of a designated sponsor to assure continuing trading.
FLUXX is a company specialising in the handling of lotteries and betting, with registered office in Kiel. The necessary rights and licences and the technical and market-relevant expertise place FLUXX in a position to be able to arrange any form of licensed gambling, along a variety of sales channels, between the consumer and the state-owned lotteries and betting providers. In addition to the self-marketed services jaxx.de, interjockey.com and Telewette, FLUXX makes its products and services available to other companies and organisations with extensive customer contacts. These include the online service freenet.de, the Internet portals WEB.DE, AOL and Lycos, and the lottery companies in the states of Schleswig-Holstein, Brandenburg and Mecklenburg-Western Pomerania. fluxx.com Aktiengesellschaft has been listed on the Frankfurt Stock Exchange (Deutsche Börse) since September 1999 (ISIN DE0005763502) and currently has 89 employees at the locations Kiel, Hamburg and Lustenau (Austria). In 2003 the FLUXX group posted gross sales of EUR 82.1 million and earnings per share of EUR 0.11.
Investor Relations & Corporate Communications