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Flatex AG

FTKG.DE

Latest Trade

27.00EUR

Change

-0.05(-0.18%)

Volume

22,607

Today's Range

26.90

 - 

27.70

52 Week Range

16.28

 - 

29.85

As of on the XETRA ∙ Minimum 15 minute delay

Latest Developments

Flatex Acquires 100% Of Shares In Degiro

Dec 16 (Reuters) - Flatex AG <FTKG.DE>::TO BUY DEGIRO TO BECOME EUROPE'S ONLINE BROKERAGE CHAMPION.ACQUIRES 100% OF SHARES IN DEGIRO FOR A PURCHASE PRICE OF EUR 250M ON A CASH AND DEBT FREE BASIS AFTER COMPLETION OF AGREEMENT.PURCHASE PRICE WILL BE FINANCED BY A CAPITAL INCREASE AGAINST CONTRIBUTION IN KIND OF UP TO 7.5 MILLION SHARES AT EUR 25.33 AND A CASH COMPONENT OF UP TO EUR 60 MILLION.MID-TERM AMBITION: EUR 300 MILLION REVENUE, EUR 150 MILLION EBITDA AND EUR 3 EARNINGS/SHARE.

Flatex Signs Purchase Agreement To Buy Shares In Degiro

Dec 13 (Reuters) - FLATEX AG <FTKG.DE>::SIGNS PURCHASE AGREEMENT TO ACQUIRE SHARES IN DEGIRO B.V. AND ALREADY ACQUIRES APPROX. 9.4 % OF DEGIRO B.V. ON THE DAY THE AGREEMENT IS CONCLUDED.TOTAL PURCHASE PRICE AGREED IN PURCHASE AGREEMENT FOR 100% OF SHARES IN DEGIRO B.V. AMOUNTS TO EUR 250 MILLION ON A CASH AND DEBT FREE BASIS.TOTAL PURCHASE PRICE INCLUDES A PAYMENT IN FORM OF SHARES IN FLATEX AG AS WELL AS A CASH PAYMENT.WILL CARRY OUT A NON-CASH CAPITAL INCREASE OF UP TO 7.5 MILLION SHARES AT CLOSING OF TRANSACTION.SHARES WILL BE PAID TO SELLERS AT A PRICE OF EUR 25.33 PER SHARE.CASH COMPONENT OF TOTAL PURCHASE PRICE WILL BE PAID IN AMOUNT OF REMAINING BALANCE, EXPECTED TO BE APPROX. EUR 60 MILLION.WILL PURCHASE AROUND 9.4% OF DEGIRO SHARES AGAINST PAYMENT OF A CASH PURCHASE PRICE OF AROUND EUR 23.6 MILLION FROM ITS OWN FUNDS.CLOSING OF TRANSACTION IN REM IS EXPECTED IN Q2 2020..

Flatex: New Cooperation Agreement With Equatex

Nov 4 (Reuters) - FLATEX AG <FTKG.DE>::FLATEX AG: NEW MULTI-MILLION COOPERATION AGREEMENT WITH EQUATEX UNTIL 2026.SECURES MULTI-YEAR B2B PARTNERSHIP AND SIGNIFICANT EARNINGS POTENTIAL IN A DOUBLE-DIGIT MILLION RANGE.CONTRACT VOLUME OF MORE THAN EUR 20 MILLION.

Flatex Expects To Double Revenues To Over EUR 250 Million In Next Five Years

Sept 4 (Reuters) - Flatex AG <FTKG.DE>::DGAP-NEWS: FLATEX AG: FLATEX HOLLAND ANNUAL TARGET OF 20,000 NEW CLIENTS MET AFTER ONLY 12 WEEKS - GROWTH RATE OF NEW CUSTOMERS IN GERMANY AND AUSTRIA ON RECORD LEVEL.WE EXPECT TO DOUBLE OUR REVENUES TO MORE THAN EUR 250 MIO. AND TRIPLE OUR EBITDA TO MORE THAN EUR 125 MIO. OVER NEXT FIVE YEARS.BY END OF 2020 FLATEX WANTS TO OFFER ITS SERVICES IN AT LEAST SEVEN EUROPEAN COUNTRIES.

FinTech Group Evaluates Strategic Options

July 4 (Reuters) - FINTECH GROUP AG <FTKG.DE>::EVALUATES STRATEGIC OPTIONS.DECIDED TO EVALUATE, TOGETHER WITH LAZARD, STRATEGIC OPTIONS REGARDING ORIENTATION OF COMPANY TO MAKE USE OF GROWTH OPPORTUNITIES.EVALUATION WILL INCLUDE POTENTIAL STRATEGIC PARTNERSHIPS, A POTENTIAL SALE (WHOLLY OR PARTIALLY) OF COMPANY AND OBTAINING POTENTIAL NEW INVESTORS.WILL ENTER INTO DISCUSSIONS WITH VARIOUS POTENTIAL PARTNERS AND INTERESTED PARTIES.

FinTech Group And Morgan Stanley Continue Their Strategic ETP Partnership

May 20 (Reuters) - Fintech Group AG <FTKG.DE>::DGAP-NEWS: FINTECH GROUP AND MORGAN STANLEY CONTINUE THEIR STRATEGIC ETP PARTNERSHIP UNTIL AT LEAST 2022.

FinTech Group Raises EBITDA Margin Target For 2019

May 13 (Reuters) - Fintech Group AG <FTKG.DE>::DGAP-NEWS: FINTECH GROUP RAISES EBITDA MARGIN TARGET FOR 2019 FROM 27% TO 29%.

FinTech Group FY Net Income At EUR 22 Mln

March 28 (Reuters) - FINTECH GROUP AG <FTKG.DE>::ACHIEVED NEXT RECORD YEAR: SALES AND EBITDA FORECAST EXCEEDED.2018 EBITDA AT EUR 43 MILLION (+34% YEAR-ON-YEAR).FY SALES IN 2018 AT EUR 126 MILLION (+18% YEAR-ON-YEAR).FY NET INCOME FOR 2018 AT EUR 22 MILLION (+28% YEAR-ON-YEAR).CONFIRMS ITS GUIDANCE FOR CURRENT YEAR.

FinTech Group And Goldman Sachs To Deepen ETP Partnership

Jan 7 (Reuters) - FINTECH GROUP AG <FTKG.DE>::FINTECH GROUP AND GOLDMAN SACHS AGREED TO DEEPEN EXCHANGE TRADED PRODUCTS (ETP) PARTNERSHIP.GOLDMAN SACHS SIGNS FIVE-YEAR CONTRACT TO BECOME THE FUTURE PLATINUM PARTNER OF FINTECH GROUP.CONTRACT BEGINNING OF OCT 1, 2019.FINTECH GROUP AND GOLDMAN SACHS TO LAUNCH EUROPEAN EXPANSION "FLATEX GOES EUROPE", STARTING WITH NETHERLANDS IN Q1/2019.

FinTech Group Secures EUR 20 Million Contract With Vall Banc

Jan 2 (Reuters) - Fintech Group AG <FTKG.DE>::SECURES EUR 20 MILLION CONTRACT WITH VALL BANC.ANDORRAN VALL BANC IS PREPARING FIRST STEPS TO OUTSOURCE DATA CENTRES TO FINTECH GROUP.UNLIMITED CONTRACT STARTS WITH A MINIMUM PERIOD OF FIVE YEARS.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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