07 March 2018

Weng Fine Art AG was granted permission for trading in the Quality Segment on the Munich Stock Exchange

Less than four weeks after the first meeting with the decision makers, Weng Fine Art AG has met all the requirements of the Munich Stock Exchange to be included in the “m:access” quality segment of the market. CEO and Supervisory Board believe that during the past two years Weng Fine Art has met all the goals for a re-listing after the newly built ecommerce business of WFA Online AG has proven to be scalable. Trading in the Weng Fine Art stock will resume in April 2018: the precise date will be released to the public within the next few weeks, after discussions with the Munich Stock Exchange and mwb fairtrade AG, the bank who accompanies Weng Fine Art to the stock exchange.

The CEO RĂ¼diger K. Weng thanks the decision makers of the Munich Stock Exchange for the strong support in bringing Weng Fine Art back to the stock exchange: “The re-listing reflects and rewards the Company´s successful development in recent years. At the same time the shareholders, who have hold faith in the company during the past years, have now the chance to capitalize on the growing company value”.

Weng Fine Art AG is the first German corporation that managed a come-back after the wave of de-listings that started in 2016 and saw more than 100 companies leaving the stock exchange.

At present time and until the public listing, the shares of Weng Fine Art can be traded through the platform of Schnigge Wertpapierhandelsbank: https://www.schnigge.de/de/quote-center/telefonhandel-kurse.html
This platform shows bid and ask quotes for WFA shares throughout the day. 

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