audius SE is announcing its free float increase by 3%. Due to the great interest in the company's shares as well as the general desire of the capital market to broaden the free float, the majority shareholder audius AG has placed shares of around 3% with an institutional investor.
Furthermore, the company is announcing that since this week audius shares have been listed on the electronic trading system XETRA. The BankM acts as a designated sponsor.
Both steps are part of the company's capital market agenda. Increased liquidity is intended to improve the attractiveness of audius shares.
Founded in 1991, audius SE is a globally active IT company. From network technology to specific software applications, the group of companies offers the right solutions for public clients, medium-sized companies and internationally active corporations. With support of 350,000 IT workstations worldwide, the approximately 500 employees at 17 locations - 14 of which are in Germany - focus on the use of future-oriented technologies and best practices. Another business area is dealing with network infrastructures, particularly the development and expansion of 5G networks. The group's customers include global corporations as well as medium-sized companies. The strategic goal is to grow, both organically and through acquisitions. The shares of audius SE are listed on the Basic Board of the Frankfurt Stock Exchange and in the m:access segment of the Munich Stock Exchange.
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