DGAP-News: Nagarro SE
/ Key word(s): IPO
Nagarro Commences Trading on the Frankfurt Stock Exchange
16.12.2020 / 09:36
Munich and Frankfurt, December 16, 2020
- Nagarro SE (ISIN DE000A3H2200, WKN A3H220; FRA: NA9), a global leader in digital engineering and technology solutions, today started trading on the Frankfurt Stock Exchange. The opening price was EUR 69.00, which corresponds to a market capitalization of EUR 785.39 million. The listing follows the completion of Nagarro's spin-off from Allgeier SE.
Manas Fuloria, Custodian of Entrepreneurship in the Organization (CEO) of Nagarro, said, "Over 8,400 Nagarrians work enthusiastically across 25 countries to deliver best-in-class digital engineering services to our wonderful clients. And each and every one of us can be justifiably proud today. We look forward to beginning the next chapter of our journey, now as an independent public company."