BigRep SE Successfully Listed on Frankfurt Stock Exchange

Luxemburg/Berlin, July 31, 2024 – SMG Holding, an IPO sponsor focused on European SMEs, announces that BigRep SE has successfully started trading on the Frankfurt Stock Exchange. The initial price of BigRep shares was €11.20 per share, translating to a market capitalization of approximately €163 million. The listing provides BigRep with around €16 million, after deducting transaction costs, to finance growth investments and strategic acquisitions.

BigRep SE was formed from the merger of BigRep GmbH and SMG Technology Acceleration SE. SMG Holding holds a 6% stake in the combined entity. Dr. Stefan Petrikovics, CEO of SMG Holding, expressed satisfaction with the IPO, highlighting it as a significant step in their strategy to take fast-growing SMEs public.

The shares of BigRep SE have the International Securities Identification Number (ISIN) LU2859870326, the securities identification number (WKN) A40H84, and the ticker symbol B1GR.