Scale

ScaleEquity capital financing for small and medium-sized companies (SME)

Scale for equities, Deutsche Börse’s segment for small and medium-sized enterprises (SMEs), offers an efficient equity financing option.

With its prerequisites for inclusion tailored to the needs of SMEs, it facilitates the raising of capital and provides access to investors, both domestic and international.

Deutsche Börse's services support you with your IPO, increase placement reach and provide a number of benefits to ensure continued success: Deutsche Börse Capital Market Partners assist in preparing for the major step of entering the capital market and provide competent ongoing support. The research report service commissioned by Deutsche Börse improves transparency and comparability. Through the subscription functionality DirectPlace you are able to reach retail investors, family offices and asset managers.

An IPO creates strategic room for growth and innovation and increases your company’s public profile significantly.

Relevant target groups for Scale

  • German and European small and medium-sized companies (SME)
  • No sector or industry specification
  • Companies, seeking capital for growth
 

Our Services

Capital Market Partner

Capital Market Partner

Knowledgeable specialists support you in all kind of capital market-related questions. They offer you professional support for your listing of equities and corporate bonds.

 

DirectPlace

DirectPlace

Increase your placement reach and benefit from a balanced mix of investors. We support your placement with our subscription functionality DirectPlace.

  

Research Report

Research Report

Facilitate your visibility, transparency and liquidity through research reports - which are commissioned by Deutsche Börse AG.

  

Marketing

Marketing

Deutsche Börse enhances your external com- munication on its web portals:

Interested?

Then you’ll receive further information in our explanation video "Capital Market Financing for SMEs".

 
 

Scale is a segment of the Open Market approved by Frankfurter Wertpapierbörse (FWB®, the Frankfurt Stock Exchange). The admission criteria and follow-up duties are to be found in the General Terms and Conditions of Deutsche Börse AG for participation in the Open Market for equity.

Inhaltsverzeichnis

Key follow-up inclusion obligations

Certain obligations apply according to the Market Abuse Regulation and the German Securities Trading Act. The responsible authority for monitoring compliance with those follow-up obligations is the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin, German Federal Financial Supervisory Authority). In addition, issuers in Scale must fulfil the follow-up inclusion obligations set by Deutsche Börse AG as outlined below:

  • Submission of the audited annual financial statements including the management report within 6 months after the expiration of the reporting period
  • Submission of the half-yearly financial statements including the interim management report within 4 months after the expiration of the reporting period
  • Submission of information needed for the generation of research report updates to the research provider mandated by Deutsche Börse AG within the given period
  • Continuous updates and submission of the corporate calendar
  • Conduct of an information event for analysts and investors at least once a year
  • Ad-hoc disclosures, directors' dealings, insider lists (by law) as well as notification of Deutsche Börse AG regarding significant changes concerning the issuer or included securities (by rules & regulations)
  • Follow-up inclusion obligations are to be fulfilled in English or German.
  • If not declared differently in the rules and regulations, all reports and documents must be submitted to Deutsche Börse AG via the Exchange Reporting System (ERS®).