July 06, 2017

Varengold Bank AG: The Management Board and Supervisory Board will propose to the Annual General Meeting 2017 a cash capital increase with indirect subscription rights by up to 100%

Varengold Bank AG

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Varengold Bank AG: The Management Board and Supervisory Board will propose to the Annual General Meeting 2017 a cash capital increase with indirect subscription rights by up to 100%

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Hamburg, 6th July 2017 – The Management Board and the Supervisory Board of Varengold Bank AG (symbol: VG8) will propose a cash capital increase from currently EUR 4,140,282.00 by up to EUR 4,140,282.00 on up to EUR 8,280,564.00 to the Annual General Meeting 2017. The reference price will be determined later. The capital increase is intended to further strengthen the equity capital.

The convocation of the Annual General Meeting with the resolutions adopted by the Management, to be held in Hamburg on 23th August 2017, will be published in the next few days in the German Federal Gazette and made available on the Company's website.

Dr Bernhard Fuhrmann, Board member
Frank Otten, Board member

 


 

Language:

English

Companies:

Varengold Bank AG
Grosse Elbstrasse 14
22767 Hamburg
Germany

Investor Relations:

Sanja Szabo

Telephone:

+49 (0)40 / 668649-0

Fax:

+49 (0)40 / 668649-49

Email:

info@varengold.de

Internet:

www.varengold.de

ISIN:

DE0005479307

WKN:

547930

Listed:

Regulated Unofficial Market in Berlin, Duesseldorf, Stuttgart;
Open Market (Basic Board) in Frankfurt