With the change from General Standard to Prime Standard and fulfilment of the highest transparency requirements in future, the W&W AG intends to increase the attractiveness of its shares (ISIN DE0008051004 / WKN 805100), strengthen the trust in its shares and achieve a higher level of attention from private and institutional investors at home and abroad.
As a result of this, the W&W AG will also fulfil the requirements for inclusion in a selection index of the Frankfurt Stock Exchange. The specific goal of the W&W AG is to be listed on the SDAX.
W&W AG, headquartered in Stuttgart, Germany, is the Group's strategic management holding company. The W&W Group was founded in 1999 after the merger of the companies Wüstenrot and Württembergische. The business sector “Home Loan and Savings” includes, among others, the companies Wüstenrot Bausparkasse AG and Wüstenrot Bank AG Pfandbriefbank. The building society holds second place among the building societies in Germany in regard to gross new home loans savings business. The business sector “Insurance” includes, among others, the companies Württembergische Lebensversicherung AG and Württembergische Versicherung AG. These two companies are among the top 15 in the German insurance business. The unique combination of business areas means the W&W Group can meet all of the requirements for precautionary financial measures of its customers, of which there are around 6 million, from one source. In 2014 its 7,600 employees generated a net income of 242 million Euros. Germany is its core market. Outside Germany, the Group maintains a strategic focus on the Czech Republic.