InCity Immobilien AG Announces Delisting from Frankfurt Stock Exchange

InCity Immobilien AG has announced its decision to delist from the regulated unofficial market at the Frankfurt Stock Exchange. This resolution, approved by the Supervisory Board, involves withdrawing the company's shares from trading on the Basic Board. The official delisting notice will be sent to the stock exchange today.

Trading of InCity shares will cease on 17 March 2025, following a three-month notice period. Shareholders will still have the opportunity to trade their shares during this period. This strategic move is influenced by the costs, obligations, and risks of remaining on the stock exchange. Additionally, InCity's major stakeholder, Realsoul Holding S.A., reduces the company's need for capital market financing. Delisting is anticipated to lower administrative costs.