{
 "as_of": "2026-11-06",
 "cmr": "de-cm-kg/XETRA/BRN",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# BRANICKS GROUP AG NA JGE (Xetra: BRN) — research page\n\nAs of 2026-11-06 · de-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is BRANICKS GROUP AG NA JGE, listed on Xetra under ticker BRN. Its ISIN is DE000A41YEE3 and its LEI is 52990044JL2ZPWONU738. Its security type is Corporate, its segment is DEUTSCHLAND, and its jurisdiction is Germany (Handelsregister HRB). The sector is not on the record, because the Xetra instruments file carries index membership and not a sector classification. The issuer is listed and not halted.\n\n## The disclosure read\n\nThe record holds 15 filings in the twelve months to 2026-11-06, on 8 filing days. Of the filings, 3 are ad hoc, 11 are corporate news and 1 is a major holder notice. The median gap between filing days is 20 days. The latest filing is dated 2026-10-31 and is of type corporate news, 6 days before the record date. On Xetra the median cadence gap is 22.8 days across 419 issuers, the median filing count is 6, and the median latency is 5.5 days. The sector peer figures are not on the record for market DE.\n\n## Auditor\n\nThe auditor of record is not on the record. The record carries the annual report link only, as a source link and not a read. The auditor's location is not on the record. Auditor changes are not on the record, because no lifecycle type map exists yet for this register.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, because no lifecycle type map exists yet for this register. The halt flag shows the issuer as listed, not halted.\n\n## Orderability\n\nThe outcome is ACM-200 for each of the three client categories: Professionelle Kunden, Privatkunden and Geeignete Gegenparteien, and it is determinable for each. The rule version is acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nNo research houses were found on the issuer's investor-relations page. The count is 0.\n\n## Open research\n\nThe record holds one openly published research note, from SRC Research, dated 2025-05-08.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed. No sealed years hold the issuer. The market's earliest sealed date is not on the record, and the live record began on a date that is not on the record.\n\n## Sources\n\n8 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (identity.exchange)\n- https://api.gleif.org/api/v1/lei-records/52990044JL2ZPWONU738 (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.de-cm-kg.ai/events/XETRA/BRN (the disclosure lines)\n- https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list (the halt flag)\n- https://mcp.de-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://branicks.com/wp-content/uploads/2025/05/Branicks_8May2025_SRC.pdf (open research)\n- https://mcp.de-cm-kg.ai/record/XETRA/BRN (the record)\n",
 "market": "DE",
 "node": "de-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the DE vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "DE",
    "reason": "Width 0 records the annual report link only (ORDER-015: source link, not a read)",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "DE",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "DE",
    "state": "not_on_record"
   },
   "changes": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "de-cm-kg/XETRA/BRN",
  "coverage": {
   "count": 0,
   "houses": [],
   "pages_checked": [
    {
     "page": "https://branicks.com/en/ir/share-information/analysts-assessment/",
     "result": "read: 5 of 5 named houses found on the page; the page does not name the issuer"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": null,
   "state": "none_found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 419,
     "median_cadence_gap_days": 22.8,
     "median_filings": 6,
     "median_latency_days": 5.5,
     "name": "Xetra"
    },
    "sector": {
     "market": "DE",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "ad_hoc": 3,
    "corporate_news": 11,
    "major_holder": 1
   },
   "cadence_median_gap_days": 20,
   "filing_days": 8,
   "filings": 15,
   "latency_days": 6,
   "latest": [
    {
     "category": "gesamtstimmrechte",
     "date": "2026-10-31",
     "source": "https://www.eqs-news.com/de/news/gesamtstimmrechte/branicks-group-ag-veroeffentlichung-der-gesamtzahl-der-stimmrechte-nach-c2a7-41-wphg-mit-dem-ziel-der-europaweiten-verbreitung/94e20917-7819-4165-ae23-2f9dbf6e3776_de",
     "title": "Branicks Group AG: Veröffentlichung der Gesamtzahl der Stimmrechte nach § 41 WpHG mit dem Ziel der europaweiten Verbreitung | Gesamtstimmrechte - EQS News",
     "type": "corporate_news"
    },
    {
     "category": "total-voting-rights",
     "date": "2026-10-30",
     "source": "https://www.eqs-news.com/news/total-voting-rights/branicks-group-ag-release-according-to-article-41-of-the-wphg-the-german-securities-trading-act-with-the-objective-of-europe-wide-distribution/94e20917-7819-4165-ae23-2f9dbf6e3776_en",
     "title": "Branicks Group AG: Release according to Article 41 of the ...",
     "type": "major_holder"
    },
    {
     "category": "corporate",
     "date": "2026-10-30",
     "source": "https://www.eqs-news.com/news/corporate/branicks-group-ag-sonja-warntges-steps-down-as-ceo/a10ec90a-cc9d-4ad3-9b38-cdc187f2e8e9_en",
     "title": "Branicks Group AG: Sonja Wärntges Steps down as CEO | Corporate - EQS News",
     "type": "corporate_news"
    },
    {
     "category": "corporate",
     "date": "2026-10-30",
     "source": "https://www.eqs-news.com/de/news/corporate/branicks-group-ag-sonja-waerntges-legt-vorstandsvorsitz-nieder/a10ec90a-cc9d-4ad3-9b38-cdc187f2e8e9_de",
     "title": "Branicks Group AG: Sonja Wärntges legt Vorstandsvorsitz ...",
     "type": "corporate_news"
    },
    {
     "category": "corporate",
     "date": "2026-10-29",
     "source": "https://www.eqs-news.com/news/corporate/branicks-group-ag-sonja-warntges-steps-down-as-ceo/a10ec90a-cc9d-4ad3-9b38-cdc187f2e8e9_en",
     "title": "Branicks Group AG: Sonja Wärntges Steps down as CEO | Corporate - EQS News",
     "type": "corporate_news"
    }
   ],
   "latest_filing_date": "2026-10-31",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.de-cm-kg.ai/events/XETRA/BRN",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "Xetra"
   },
   "isin": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "confirmed",
    "value": "DE000A41YEE3"
   },
   "jurisdiction": {
    "read_by": "GLEIF LEI record (LEI per the LEI column) (registeredAs)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/52990044JL2ZPWONU738",
    "state": "sourced",
    "value": "Germany (Handelsregister HRB)"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-09",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN DE000A41YEE3)",
    "state": "sourced",
    "value": "52990044JL2ZPWONU738"
   },
   "name": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "BRANICKS GROUP AG NA JGE"
   },
   "sector": {
    "market": "DE",
    "reason": "the Xetra instruments file carries index membership, not a sector classification",
    "state": "not_on_record"
   },
   "security_type": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "DEUTSCHLAND"
   },
   "ticker": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "BRN"
   },
   "website": {
    "market": "DE",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "DE",
  "node": "de-cm-kg",
  "numbers_hash": "sha256:9932065e8185a1b0e2f0261a28d47b08e078bd79cb7130046ebc244c692cdfe2",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [
    {
     "date": "2025-05-08",
     "kind": "issuer-sponsored",
     "publisher": "SRC Research",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://branicks.com/wp-content/uploads/2025/05/Branicks_8May2025_SRC.pdf",
     "state": "sourced",
     "title": "Branicks Group AG Buy (unchanged) Target: Euro 7.00 (unchanged)"
    }
   ],
   "state": "found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "Professionelle Kunden",
    "Privatkunden",
    "Geeignete Gegenparteien"
   ],
   "outcomes": {
    "Geeignete Gegenparteien": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Privatkunden": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Professionelle Kunden": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.de-cm-kg.ai/book/aio.json",
    "door": "https://mcp.de-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1",
   "section": "de.aio.v13"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.de-cm-kg.ai/record/XETRA/BRN",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:9932065e8185a1b0e2f0261a28d47b08e078bd79cb7130046ebc244c692cdfe2",
 "path": "/de/XETRA/BRN",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is BRANICKS GROUP AG NA JGE, listed on Xetra under ticker BRN. Its ISIN is DE000A41YEE3 and its LEI is 52990044JL2ZPWONU738. Its security type is Corporate, its segment is DEUTSCHLAND, and its jurisdiction is Germany (Handelsregister HRB). The sector is not on the record, because the Xetra instruments file carries index membership and not a sector classification. The issuer is listed and not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 15 filings in the twelve months to 2026-11-06, on 8 filing days. Of the filings, 3 are ad hoc, 11 are corporate news and 1 is a major holder notice. The median gap between filing days is 20 days. The latest filing is dated 2026-10-31 and is of type corporate news, 6 days before the record date. On Xetra the median cadence gap is 22.8 days across 419 issuers, the median filing count is 6, and the median latency is 5.5 days. The sector peer figures are not on the record for market DE.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record. The record carries the annual report link only, as a source link and not a read. The auditor's location is not on the record. Auditor changes are not on the record, because no lifecycle type map exists yet for this register.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, because no lifecycle type map exists yet for this register. The halt flag shows the issuer as listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is ACM-200 for each of the three client categories: Professionelle Kunden, Privatkunden and Geeignete Gegenparteien, and it is determinable for each. The rule version is acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "No research houses were found on the issuer's investor-relations page. The count is 0.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "The record holds one openly published research note, from SRC Research, dated 2025-05-08.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed. No sealed years hold the issuer. The market's earliest sealed date is not on the record, and the live record began on a date that is not on the record.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "8 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://api.gleif.org/api/v1/lei-records/52990044JL2ZPWONU738"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.de-cm-kg.ai/events/XETRA/BRN"
  },
  {
   "for": "the halt flag",
   "source": "https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.de-cm-kg.ai/book/aio.json"
  },
  {
   "for": "open research",
   "source": "https://branicks.com/wp-content/uploads/2025/05/Branicks_8May2025_SRC.pdf"
  },
  {
   "for": "the record",
   "source": "https://mcp.de-cm-kg.ai/record/XETRA/BRN"
  }
 ],
 "title": "BRANICKS GROUP AG NA JGE (BRN) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}