In coordination with its listing partner mwb fairtrade AG, Weng Fine Art AG (WFT) has decided to start listing its stock on the Munich Stock Exchange from May 15, 2018. The shares will be traded in the quality segment of the open market in Munich. It is likely that in coming months the shares will be traded on other market places as well.
Weng Fine Art AG is the first German company that is successful in finalizing a come-back on the stock exchange after the delisting wave that started in Germany in 2014/15.
ABOUT WENG FINE ART AG
Weng Fine AG (www.wengfineart.com) registered in Krefeld and operating in Monheim a.Rh. and in Zug (Switzerland), is a leading internationally operating art dealership. The founder-led company combines more than 20 years of expertise in the art market with broad economic know-how. Other factors of success are the large inventory of artworks as well as the access to attractive funding. The company focuses on the most important artists of the 20th century, such as Andy Warhol, Damien Hirst, Robert Longo, Pablo Picasso, Gerhard Richter and Jeff Koons. In its core business Weng Fine Art supplies only professionals and among the clients are the most important international auction houses, together with leading international dealers and galleries. A new venture is the e-commerce platform "Weng Contemporary" (www.wengcontemporary.com), launched in 2015 and owned by its subsidiary WFA Online AG, based in Zug (Switzerland). This platform offers graphic and sculptural editions of the best-known blue-chip contemporary artists. (end)