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Börse Frankfurt

Prime Standard

Transparency Standards


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®. 

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