Philion SE’s move to the regulated market at Düsseldorf Stock Exchange


Heuking Kühn Lüer Wojtek advised Philion SE on the transaction

Mobile service provider Philion SE moved from OTC trading to the regulated market at Düsseldorf Stock Exchange. Munich-headquartered Small & Mid Cap Investmentbank AG (SMC) is the applicant bank. The securities prospectus was approved by the Federal Financial Supervisory Authority on March 22, listing on the regulated market commenced on March 29.

Admission to the regulated market provides Philion the opportunity to expand its capital market presence and increase transparency for investors. The mobile service provider will also intensify its capital market communication and present its growth-oriented buy-and-build strategy in the German telecommunications market to investors at roadshows and capital market conferences.

Berlin-based Philion SE offers telecommunications services and aims to become one of the three leading network-independent mobile service providers. Philion intends to unite online and offline sales and will offer its customers a world of experience around mobile communications, Smart Home and IoT (Internet of Things) products under the DEINHANDY brand within the omni channel strategy. At the turn of 2017/18, Philion had acquired Fexcom GmbH with some 1660 stores in Germany. DEINHANDY, Germany’s most successful online platform for mobile communications and digital life, was acquired in December 2018.

Heuking Kühn Lüer Wojtek advised Philion SE on the transaction with a team including Boris Dürr (Picture), Thorsten Kuthe, Meike Dresler-Lenz, Sascha Beck and Fabian Becker.

Involved fees earner: Sascha Beck – Heuking Kühn Lüer Wojtek; Fabian Becker – Heuking Kühn Lüer Wojtek; Meike Dresler-Lenz – Heuking Kühn Lüer Wojtek; Boris Dürr – Heuking Kühn Lüer Wojtek; Thorsten Kuthe – Heuking Kühn Lüer Wojtek;

Law Firms: Heuking Kühn Lüer Wojtek;

Clients: Philion SE;