GRENKE AG
GRENKE AG: GRENKE proposes an increase in the share capital from company funds and a 1:3 stock split to the Annual General Meeting
GRENKE AG / Key word(s): Corporate Action GRENKE proposes an increase in the share capital from company funds and a 1:3 stock split to the Annual General Meeting GRENKE’s share price has risen continuously in recent years. The aim of the increase in GRENKE AG’s share capital from company funds proposed to the Annual General Meeting and the 1:3 stock split is to increase the trading volume in GRENKE shares making the shares even more attractive to investors. The agenda for the Annual General Meeting, which was resolved by the Supervisory Board and previously by the Board of Directors, is expected to be published in the Federal Gazette on March 27, 2017. The corresponding provisions of the Articles of Association will be amended with regard to the planned stock split. The Board of Directors End of ad hoc announcement For further information, please contact:
14-March-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | GRENKE AG |
Neuer Markt 2 | |
76532 Baden-Baden | |
Germany | |
Phone: | +49 (0)7221 50 07-204 |
Fax: | +49 (0)7221 50 07-4218 |
E-mail: | investor@grenke.de |
Internet: | www.grenke.de |
ISIN: | DE000A161N30 |
WKN: | A161N3 |
Indices: | SDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
End of Announcement | DGAP News Service |