Introduction of subscription rights on Instone Real Estate Group AG on 1 September 2020 at Frankfurt Stock Exchange

Release date: 31 Aug 2020

061/2020 Introduction of subscription rights on Instone Real Estate Group AG on 1 September 2020 at Frankfurt Stock ExchangeXetra Circular 061/20

1. Introduction

Subject to the inclusion in trading, trading of subscription rights of Instone Real Estate Group AG at Frankfurter Wertpapierbörse (FWB®, the Frankfurt Stock Exchange) will take place as of 1 September 2020.

With this circular, we inform you about the parameters that will apply for trading of the subscription rights. 

Start of trading: 1 September 2020
End of trading:   9 September 2020

2. Requirements for participation

Trading Members have to make sure that the Product Assignment Group of the new instrument is assigned to their trader groups.

3. Details

The following trading parameters will apply:

Instrument nameShort codeISINCCP-eligibleFirst trading dayLast trading day

Instone Real Estate Group AG BZR

INSB

DE000A289WQ9

yes

01.09.2020

09.09.2020

Trading parameters for Xetra (MIC: XETR):

Product Assignment GroupMinimum order sizeTrading modelCharacteristics

SDX1

1

Continuous Trading

At the end of the penultimate trading day of the subscription right, all open orders will be deleted.

On the last trading day, trading will end with a closing auction. It will start at 11:45 CE(S)T at the earliest with a duration of at least five minutes. On this day, no intraday auction will take place.

Trading parameters for Börse Frankfurt (MIC: XFRA):

Minimum order sizeTrading modelCharacteristics

0.25

Continuous Auction with Special Auction

On the first trading day, trading will start with a Special Auction as of 09:00 CE(S)T. This Special Auction will take place independent from the first price determination on Xetra (MIC: XETR).

From the second until the penultimate trading day, a Special Auction will take place not before 12:00 noon CE(S)T.

 At the end of the penultimate trading day of the subscription right, all open orders will be deleted.

On the last trading day, trading will end with a Special Auction as of 12:00 noon CE(S)T. This Special Auction will take place independent from the last price determination on Xetra (MIC: XETR).


Please also consider the Attachment:

  • Schedule for trading on Xetra (MIC: XETR) from the first trading day until the penultimate trading day including

Further information

Recipients:

All Xetra® Members and Vendors

Target groups:

Traders, Security Adminstrators

Contact:

Xetra Trading Helpline, tel. +49-69-211-1 14 00

Web:

www.xetra.com

Authorised by (on behalf of the Management Board):

Tobias Köhler, Christopher Turba