MIL OSI – Source: Boerse Frankfurt –
Headline: Listing: JOST Werke AG in Prime Standard
20 July 2017. FRANKFURT (BÃ¶rse Frankfurt). JOST Werke AG (WKN JST400) is listed in the Prime Standard of the Frankfurt Stock Exchange now.
The initial listing price was â¬27.40; the issue price â¬27.00. The issue volume of the private placement was â¬231 million.
Deutsche Bank, J.P. Morgan and Commerzbank were mandated as Joint Global Coordinators and Joint Bookrunners. BNP Paribas acts as a further Joint Bookrunner. Deutsche Bank, J.P. Morgan and Commerzbank are designated sponsors for Xetra trading, while Baader Bank has the role of the specialist on the BÃ¶rse Frankfurt venue.
According to company sources, JOST is a leading global producer and supplier of safety-critical systems to the truck and trailer industry. With its global distribution network and production facilities in thirteen countries across five continents, JOST has direct access to all major truck and trailer manufacturers and relevant end customers. JOST currently employs about 2,700 members of staff worldwide.
20 July 2017, Â© Deutsche BÃ¶rse AG