Covestro AG to Transition from Prime to General Standard on Frankfurt Stock Exchange

Covestro AG has announced its decision to apply for a switch from the Prime Standard to the General Standard on the Frankfurt Stock Exchange. The move, decided by the Board of Management, aims to reduce the additional costs associated with the Prime Standard's post-admission obligations. Despite this change, Covestro AG shares will continue to be listed on the regulated market under the General Standard.

Currently, Covestro's shares (WKN 606214 / ISIN DE0006062144) are part of the regulated market segment with additional requirements. The transition will take effect three months after the Frankfurt Stock Exchange management publishes its revocation decision on their website. This change is expected to streamline the company's exchange obligations while maintaining its market presence.