{
 "as_of": "2026-11-06",
 "cmr": "de-cm-kg/XETRA/FNTN",
 "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# FREENET AG NA O.N. (Xetra: FNTN) — research page\n\nAs of 2026-11-06 · de-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is FREENET AG NA O.N., listed on Xetra under ticker FNTN, with ISIN DE000A0Z2ZZ5 and LEI 5299003GLDODCVP8DO20. Its security type is Corporate, its segment is MDAX, and its jurisdiction is Germany (Handelsregister HRB). The sector is not on the record, as the Xetra instruments file carries index membership and not a sector classification. Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 12 filings in the twelve months to 2026-11-06, across 5 filing days. The median gap between filing days is 50.0 days. Days from the latest filing to the record date are 1. The latest filing is an ad hoc filing dated 2026-11-05. For Xetra, the record holds 419 issuers with a median cadence gap of 22.8 days, a median of 6 filings, and a median latency of 5.5 days. The sector peer comparison is not on the record for this market.\n\n## Auditor\n\nThe auditor is not on the record. The register records only the annual report link, which is a source link and not a read. The auditor's location and any auditor changes are not on the record, as this register has no lifecycle type map yet.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, as this register has no lifecycle type map yet. The halt flag is listed, not halted.\n\n## Orderability\n\nThe outcome is ACM-200 for Professionelle Kunden, Privatkunden and Geeignete Gegenparteien, and 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\nThe issuer's investor-relations page names 10 research houses: Exane BNP Paribas, UBS, Deutsche Bank, Goldman Sachs, Citi, Berenberg, Kepler Chevreux, Oddo BHF, Barclays and DZ Bank.\n\n## Open research\n\nNo openly published research notes were found.\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 issuer years are sealed, the market's earliest sealed date is not on the record, and the live record's start date 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/5299003GLDODCVP8DO20 (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.de-cm-kg.ai/events/XETRA/FNTN (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://www.freenet.ag/en/investor-relations/share/analysts/index.html (coverage)\n- https://mcp.de-cm-kg.ai/record/XETRA/FNTN (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/FNTN",
  "coverage": {
   "count": 10,
   "houses": [
    {
     "analyst": "Joshua Mills",
     "house": "Exane BNP Paribas",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.freenet.ag/en/investor-relations/share/analysts/index.html",
     "state": "sourced"
    },
    {
     "analyst": "Polo Tang",
     "house": "UBS",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.freenet.ag/en/investor-relations/share/analysts/index.html",
     "state": "sourced"
    },
    {
     "analyst": "Lars Vom-Cleff",
     "house": "Deutsche Bank",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.freenet.ag/en/investor-relations/share/analysts/index.html",
     "state": "sourced"
    },
    {
     "analyst": "Andrew Lee",
     "house": "Goldman Sachs",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.freenet.ag/en/investor-relations/share/analysts/index.html",
     "state": "sourced"
    },
    {
     "analyst": "Carl Murdock-Smith",
     "house": "Citi",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.freenet.ag/en/investor-relations/share/analysts/index.html",
     "state": "sourced"
    },
    {
     "analyst": "Shekhan Ali",
     "house": "Berenberg",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.freenet.ag/en/investor-relations/share/analysts/index.html",
     "state": "sourced"
    },
    {
     "analyst": "Florian Treisch",
     "house": "Kepler Chevreux",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.freenet.ag/en/investor-relations/share/analysts/index.html",
     "state": "sourced"
    },
    {
     "analyst": "Stephane Beyazian",
     "house": "Oddo BHF",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.freenet.ag/en/investor-relations/share/analysts/index.html",
     "state": "sourced"
    },
    {
     "analyst": "Mathieu Robilliard",
     "house": "Barclays",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.freenet.ag/en/investor-relations/share/analysts/index.html",
     "state": "sourced"
    },
    {
     "analyst": "Karsten Oblinger",
     "house": "DZ Bank",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.freenet.ag/en/investor-relations/share/analysts/index.html",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://www.freenet.ag/en/investor-relations/share/analysts/index.html",
     "result": "read: 10 of 17 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "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": 2,
    "agm_egm": 1,
    "corporate_news": 8,
    "dividend": 1
   },
   "cadence_median_gap_days": 50,
   "filing_days": 5,
   "filings": 12,
   "latency_days": 1,
   "latest": [
    {
     "category": "insiderinformationen-ad-hoc-mitteilung",
     "date": "2026-11-05",
     "source": "https://www.eqs-news.com/news/insiderinformationen-ad-hoc-mitteilung/freenet-ag-beschliesst-aktienrueckkaufprogramm-fuer-bis-zu-75-mio-eur/d2524072-6ce9-49d5-a693-fede6627c08a_de",
     "title": "freenet AG beschließt Aktienrückkaufprogramm für bis zu 75 Mio. EUR | Ad-hoc - EQS News",
     "type": "ad_hoc"
    },
    {
     "category": "corporate",
     "date": "2026-11-05",
     "source": "https://www.eqs-news.com/news/corporate/freenet-uses-funds-from-ceconomy-sale-for-waipu-tv-acquisition-and-share-buyback/1b6c761e-e0c5-4f29-9528-e6ed593aac50_en",
     "title": "freenet uses funds from Ceconomy sale for waipu.tv acquisition and share buyback | Corporate - EQS News",
     "type": "corporate_news"
    },
    {
     "category": "corporate-news",
     "date": "2026-11-05",
     "source": "https://www.eqs-news.com/news/corporate-news/freenet-setzt-mittel-aus-ceconomy-verkauf-fuer-waipu-tv-uebernahme-und-aktienrueckkauf-ein/1b6c761e-e0c5-4f29-9528-e6ed593aac50_de",
     "title": "freenet setzt Mittel aus Ceconomy-Verkauf für waipu.tv-Übernahme und Aktienrückkauf ein | Corporate - EQS News",
     "type": "corporate_news"
    },
    {
     "category": "ad-hoc",
     "date": "2026-11-05",
     "source": "https://www.eqs-news.com/news/ad-hoc/freenet-ag-decides-on-share-buyback-programme-for-up-to-eur-75-million/d2524072-6ce9-49d5-a693-fede6627c08a_en",
     "title": "freenet AG decides on share buyback programme for up to EUR 75 million | Ad-hoc - EQS News",
     "type": "ad_hoc"
    },
    {
     "category": "corporate",
     "date": "2026-10-13",
     "source": "https://www.eqs-news.com/news/corporate/freenet-ag-acquires-full-ownership-of-waipu-tv-at-a-highly-attractive-valuation/35326451-9259-4f34-ac3f-e37a6df26392_en",
     "title": "freenet AG acquires full ownership of waipu.tv at a highly attractive valuation | Corporate - EQS News",
     "type": "corporate_news"
    }
   ],
   "latest_filing_date": "2026-11-05",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.de-cm-kg.ai/events/XETRA/FNTN",
   "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": "DE000A0Z2ZZ5"
   },
   "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/5299003GLDODCVP8DO20",
    "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 DE000A0Z2ZZ5)",
    "state": "sourced",
    "value": "5299003GLDODCVP8DO20"
   },
   "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": "FREENET AG NA O.N."
   },
   "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": "MDAX"
   },
   "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": "FNTN"
   },
   "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:dbda06bf0a0ded35ea0d1135343eb9e138d772ae2cdef8684458d5745bf2358e",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_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/FNTN",
   "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:dbda06bf0a0ded35ea0d1135343eb9e138d772ae2cdef8684458d5745bf2358e",
 "path": "/de/XETRA/FNTN",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is FREENET AG NA O.N., listed on Xetra under ticker FNTN, with ISIN DE000A0Z2ZZ5 and LEI 5299003GLDODCVP8DO20. Its security type is Corporate, its segment is MDAX, and its jurisdiction is Germany (Handelsregister HRB). The sector is not on the record, as the Xetra instruments file carries index membership and not a sector classification. Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 12 filings in the twelve months to 2026-11-06, across 5 filing days. The median gap between filing days is 50.0 days. Days from the latest filing to the record date are 1. The latest filing is an ad hoc filing dated 2026-11-05. For Xetra, the record holds 419 issuers with a median cadence gap of 22.8 days, a median of 6 filings, and a median latency of 5.5 days. The sector peer comparison is not on the record for this market.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor is not on the record. The register records only the annual report link, which is a source link and not a read. The auditor's location and any auditor changes are not on the record, as this register has no lifecycle type map yet.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, as this register has no lifecycle type map yet. The halt flag is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is ACM-200 for Professionelle Kunden, Privatkunden and Geeignete Gegenparteien, and 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": "The issuer's investor-relations page names 10 research houses: Exane BNP Paribas, UBS, Deutsche Bank, Goldman Sachs, Citi, Berenberg, Kepler Chevreux, Oddo BHF, Barclays and DZ Bank.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found.",
   "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 issuer years are sealed, the market's earliest sealed date is not on the record, and the live record's start date 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/5299003GLDODCVP8DO20"
  },
  {
   "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/FNTN"
  },
  {
   "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": "coverage",
   "source": "https://www.freenet.ag/en/investor-relations/share/analysts/index.html"
  },
  {
   "for": "the record",
   "source": "https://mcp.de-cm-kg.ai/record/XETRA/FNTN"
  }
 ],
 "title": "FREENET AG NA O.N. (FNTN) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}