comdirect bank AG
comdirect bank AG: comdirect bank AG plans merger with OnVista Bank GmbH
comdirect bank AG / Key word(s): Merger Ad hoc announcement as per Art 17 MAR Merger comdirect bank AG plans merger with OnVista Bank GmbH OnVista Bank GmbH currently has total assets under management of approximately EUR2.5bn and a total of around 98 thousand customers (as of December 2016), to whom it offers the full range of products in securities trading. The aim of the merger is to simplify the structure under corporate law as well as the associated regulatory reporting system. The merger will lay the foundation for the successful further development and continued profitable growth of the comdirect group. This is expected to lead to additional pre-tax profit of around EUR10m per year from 2019. Please direct any questions to: Anke Overkamp, Investor Relations, comdirect bank AG, Pascalkehre 15, 25451 Quickborn, Germany, Tel.: +49 (0)4106 704 1966, Fax: +49 (0)4106 704 1969, Email: investorrelations@comdirect.de * Admitted for trading on the regulated market of the Frankfurt Stock Exchange End of ad hoc announcement
03-Apr-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | comdirect bank AG |
Pascalkehre 15 | |
25451 Quickborn | |
Germany | |
Phone: | + 49 (0) 4106/704-0 |
Fax: | + 49 (0) 4106/708-2580 |
E-mail: | info@comdirect.de |
Internet: | www.comdirect.de |
ISIN: | DE0005428007 |
WKN: | 542800 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
End of Announcement | DGAP News Service |