The Prime Standard is a transparency level based on a legal framework provided by the EU-regulated markets. It represents an admission portal for companies that also wish to address international investors.
Companies listed in the Prime Standard are required to meet high transparency standards; beyond those of the General Standard which are based on minimum legal requirements set forth by the Official Market and the Regulated Market. These criteria are as follows:
- quarterly reporting both in German and English language
- use of international accounting standards (IFRS/IAS or US-GAAP)
- publication of a corporate calendar staging of at least one analyst conference per year
- Ad-hoc-disclosure additionally in English.
Admission to Prime Standard is a key prerequisite for shares to be included in any of the selection indices DAX®, MDAX®, TecDAX® and SDAX®.