RENK Group AG new in the Prime Standard of the Frankfurt Stock Exchange

Release date: 07 Feb 2024 | Deutsche Börse

RENK Group AG new in the Prime Standard of the Frankfurt Stock Exchange

As from today, RENK Group AG (ISIN: DE000RENK730) is listed in the Prime Standard on the Frankfurt Stock Exchange. The shares had an initial listing price of €17.50. The current share price is available via Börse Frankfurt.

The IPO was accompanied by Citigroup, Deutsche Bank, Goldman Sachs and J.P. Morgan as Joint Global Coordinators. Commerzbank, Landesbank Baden-Württemberg and Unicredit acted as Joint Bookrunners. Crédit Agricole CIB, Mizuho and SEB were involved as co-lead managers. Citigroup acts as designated sponsor, specialist on the trading venue Börse Frankfurt is Baader Bank.

According to its own information, RENK Group AG, headquartered in Augsburg, is a globally leading manufacturer of drive solutions across civil and military end markets. The product portfolio includes gear units, transmissions, power-packs, hybrid propulsion systems, suspension systems, slide bearings, couplings & clutches and test systems. In the financial year 2022, RENK Group AG generated revenues of €849 million. 

Market Status




Parts of the trading system are currently experiencing technical issues

The trading system is currently experiencing technical issues

Xetra newsboard

The market status window is an indication regarding the current technical availability of the trading system. It indicates whether news board messages regarding current technical issues of the trading system have been published or will be published shortly.

Please find further information about incident handling in the Emergency Playbook published on the Xetra webpage under Technology --> T7 trading architecture --> Emergency procedures. Detailed information about incident communication, market re-opening procedures and best practices for order and trade reconciliation can be found in the chapters 4.2, 4.3 and 4.5, respectively. Concrete information for the respective incident will be published during the incident via newsboard message

We strongly recommend not to take any decisions based on the indications in the market status window but to always check the production news board for comprehensive information on an incident.

Emergency procedures

An instant update of the Market Status requires an enabled up-to date Java™ version within the browser.