Summary:
Vulcan to apply to dual list on the regulated market of the Frankfurt Stock Exchange (FSE), in the Prime Standard market segment, which has the very highest transparency requirements of all segments on the FSE.
VUL will become the first Australian company to have a listing on the regulated market of the Frankfurt Stock Exchange once the listing is completed.
Dual listing will increase the international profile of VUL and in response to demand, enable access for an investment into Vulcan for the full range of the European investment community.
Vulcan has appointed Joh. Berenberg, Gossler & Co. KG (Berenberg) as listing advisors. Berenberg is the world’s oldest merchant bank having been founded in Germany in 1590. Berenberg’s nine offices in Europe, the UK and the US house one of the largest sales teams for European equities comprising specialists as well as generalists servicing a broad range of institutional clients, including those with an ESG focus.
Vulcan expects that the listing process will be completed within six to nine months.