KPS AG to Transition from Prime to General Standard on Frankfurt Stock Exchange

KPS AG has announced its decision to transition from the Prime Standard to the General Standard of the Frankfurt Stock Exchange. The company's Executive Board, with approval from the Supervisory Board, has decided to apply for this change to alleviate the additional costs associated with its Prime Standard listing.

The revocation of the Prime Standard listing will become effective three months after the publication of the revocation decision. This change will not affect the admission of KPS shares to the General Standard on the regulated market. KPS AG remains committed to its presence on the Frankfurt Stock Exchange, ensuring continued trading of its shares. The company's executive leadership believes this modification aligns with its strategic and financial goals.