Business
Dual Listing on the Frankfurt Stock Exchange
Dual Listing on the Frankfurt Stock Exchange.
About this update from Ashington Innovation Plc
[{"type":"text","content":"\n\nPress Release\n \n21 August 2023\n \nAshington Innovation plc\n \n(\"Ashington\" or \"the Company\")\n \nAshington Announces Dual Listing on the Frankfurt Stock Exchange\n Ashington Innovation plc (LSE: ASHI), a special purpose acquisition company (\"SPAC\") established to acquire businesses primarily in the technology sector, is pleased to announce that it has received approval for its ordinary shares to commence trading on the Frankfurt Stock Exchange (\"FSE\") under the ticker symbol \"6FW\". Ashington's FSE information can be found on the Börse Frankfurt website: https://www.boerse-frankfurt.de/en.\n \nThe FSE is one of the world's largest international trading centres for securities. Operated by the Deutsche Börse Group, FSE is the largest of Germany's eight stock exchanges, and is responsible for approximately 90 percent of all securities traded in Germany. The FSE facilitates advanced electronic trading, settlement and information systems and enables cross-border trading for international investors.\n \nFollowing the announcement of Ashington's proposed reverse takeover of Cell Therapy (\"the Transaction\") on 17 August 2023, the Company's ordinary shares are suspended pending the publication of a prospectus or an announcement that the Transaction is not proceeding.\n \nJason Smart, Founder of Ashington, said: \"We are thrilled to announce the listing of our shares on the Frankfurt Stock Exchange. As one of the largest exchanges in the world, our dual-listing will enhance trading liquidity and facilitate investment in Ashington by institutional and retail investors across Europe.\"\n \nFor further information please contact:\n \n\n\n\nAshington Innovation plc\n\n\n\n\n\n\n\nDavid Orchard\nGeneral Counsel\n\n\nvia Tancredi +44 207 887 7633\n\n\n\n\nTancredi Intelligent Communication\nMedia Relations\n\n\n\n\n\n\n\nHelen Humphrey\nCharlie Hobbs\nJasmine Gadhavi\[email protected]\n\n\n+44 7449 226 720\n+44 7897 557 112\n+44 7931 435 236\n\n\n\n\n\nAbout Ashington Innovation plc\n \nAshington Innovation PLC is a special purpose acquisition company (SPAC), formed with the intention of acquiring businesses operating in the technology sector.\nThe Company believes that in the increasingly fast-changing global environment there will be an abundance of opportunities ...