Lenzing to switch to Prime Market of Vienna Stock Exchange on April 18

15 Apr '11

2 min read

The Lenzing AG, which up until now has been traded on the “Standard Market Continuous” market segment, will switch to the Prime Market of the Vienna Stock Exchange starting on April 18, 2011. As of this date, the specialist for Lenzing will be UniCredit.

With a market capitalization of about EUR 2.26 billion, Lenzing AG ranks among the largest companies being traded on the prime market of the Vienna Stock Exchange. The change in the market segment is an important step to increase the attractiveness of the Lenzing share for private and institutional investors. A share split already took place at the end of 2010 to facilitate trading of the Lenzing share.

The Lenzing Group The Lenzing Group is an international group of companies with headquarters in Austria, production sites in all major markets and a global network of sales and marketing offices. Lenzing provides the global textile and nonwovens industry with high-quality man-made cellulose fibers based on the renewable resource wood. Lenzing quality and Lenzing innovative power set standards for man-made cellulose fibers world-wide.

More than seventy years of fiber production expertise make us the only producer world-wide of all three man-made cellulose fiber generations, from classic viscose to modal and lyocell. Lenzing's unique combination of consistent customer orientation with leadership in quality, innovation and technology is the foundation of our success. Lenzing is committed to the principles of sustainable management and very high environmental standards.

Founded in 1771, Wiener Börse AG, the company that operates the Vienna Stock Exchange, is one of the oldest stock exchanges in the world.

The Vienna Stock Exchange is a 100% subsidiary of the CEE Stock Exchange Group (CEESEG) which also includes the stock exchanges of Budapest, Ljubljana and Prague.

The Lenzing AG

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