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ParTec AG: Shares also tradable on Xetra as of today 

EQS-News: ParTec AG / Key word(s): Miscellaneous
ParTec AG: Shares also tradable on Xetra as of today 

01.08.2023 / 09:20 CET/CEST
The issuer is solely responsible for the content of this announcement.


ParTec AG: Shares also tradable on Xetra as of today 

Munich, August 1st, 2023 - The shares of ParTec AG (ISIN: DE000A3E5A34 / WKN: A3E5A3), manufacturer and developer of innovative and worldwide leading dynamic modular supercomputers as well as quantum computers, are tradable on Xetra, the electronic trading platform of Deutsche Börse AG, as of today. By listing its shares on Xetra, ParTec is positioning itself even more broadly on the capital market and increasing its visibility among international investors. It is also intended to increase the overall liquidity of trading in ParTec shares. Since July 3rd 2023, ParTec AG shares have been listed in the Scale segment of the Frankfurt Stock Exchange. The free float of the share currently amounts to approx. 13 percent. ICF Bank AG acts as designated sponsor.

Bernhard Frohwitter, CEO of ParTec AG based in Munich: "With the listing on Xetra, ParTec takes another important step on its growth path. We are addressing an even larger group of investors on one of the most liquid stock exchanges in the world, making it even easier for investors to invest in ParTec and participate in our growth."

ParTec AG is a manufacturer of supercomputers and quantum computers and has more than 150 granted and pending patents in key industrial regions around the world. The order volume is currently in the three-digit million euro range. With its products and services as well as the innovative ParaStation Modulo software, ParTec is one of the leading companies in super and quantum computing and plays an active role in the sustainable reshaping of high-performance computing. Among other things, ParTec cooperates closely on various projects with the Jülich Research Centre, one of the leading research institutions in the field of supercomputers. These machines offer completely new capabilities for the integration of data analysis, artificial intelligence and simulation, for example for the detection of new materials, the optimisation of power supply or drug research. Such complex calculations are only possible if machines of the kind ParTec supplies are available.

About ParTec AG:

ParTec AG specialises in the development and manufacture of modular supercomputers and quantum computers as well as accompanying system software. Its offer includes the distribution of future-oriented High Performance Computers (HPC) and Quantum Computers (QC) as well as consulting and support services in all areas of development, construction and operation of these highly developed and sophisticated systems. The approach of modular supercomputing represents a unique selling point and success feature of ParTec AG. Further information on the company as well as on ParTec AG's innovative solutions in the field of high performance computing and quantum computing can be found at www.par-tec.com.

Investor Relations Manager

edicto GmbH

Dr. Sönke Knop / Doron Kaufmann 

partec@edicto.de

+496990550551

 

 



01.08.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language:English
Company:ParTec AG
Possartstr. 20
81679 Munich
Germany
E-mail:investor-relations@par-tec.com
Internet:www.par-tec.com
ISIN:DE000A3E5A34
WKN:A3E5A3
Listed:Regulated Unofficial Market in Berlin, Frankfurt (Scale), Munich
EQS News ID:1692535

 
End of NewsEQS News Service

1692535  01.08.2023 CET/CEST

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