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Frequentis AG ( (DE:FQT) ) has shared an update.
Frequentis AG announced a significant change in its voting rights structure following a spin-off for absorption. The spin-off resulted in the redistribution of 3,960,000 voting rights, previously held by Frequentis Group Holding GmbH, to CDS Capital GmbH, both controlled by Johannes Bardach. This move maintains the overall voting rights and share capital held by Bardach in Frequentis AG, with no change in the total number of direct and indirect voting rights.
More about Frequentis AG
Frequentis AG is a company based in Vienna, Austria, known for its innovative solutions in the field of communication and information systems. The company primarily focuses on providing products and services for air traffic management, public safety, and defense sectors, ensuring efficient and secure operations.
YTD Price Performance: 157.54%
Average Trading Volume: 8,797
Current Market Cap: €944.4M
Find detailed analytics on FQT stock on TipRanks’ Stock Analysis page.