ProStar Holdings announced that the company’s shares have been accepted for listing on the Frankfurt Stock Exchange (FSE) and commenced trading on Wednesday, February 3, 2021. The shares trade under the trading symbol FSE: 5D00. The company’s common shares are now cross-listed on the TSX Venture Exchange and the FSE.
On today’s announcement, Page Tucker, ProStar’s CEO, stated: “Given that we already have European partnerships, and have expanded the trading platform beyond just North America, I think we can anticipate greater exposure and stronger interest from corporations and investors throughout Europe.”
The European listing is a very strategic move for the company as the Frankfurt Stock Exchange is one of the world’s largest trading centers for securities. With a share in turnover of around 90%, it is the largest of Germany’s stock exchanges. This is also reflected in the structure of its participants, of which almost half are from European countries outside of Germany.
