Varengold Bank AG: Capital increase carried out successfully

Varengold Bank AG  / Key word(s): Capital Increase/Miscellaneous

24.02.2016 16:38

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Hamburg, 24th February 2016 - Varengold Bank AG (ISIN DE0005479307) has
carried out a capital increase against cash contribution according to the
corresponding authorization granted by the Annual General Meeting on 26th
August 2015. The company's share capital was increased against cash
contributions by EUR 974,184.00 from EUR 1,948,368.00 to EUR 2,922,552.00
by issuing 974,184 new shares in a public rights offering and a subsequent
private placement with the approval of the Supervisory Board. The shares
were placed at an issue price of EUR 13.00 per share. The capital increase
was registered in the commercial register on 23rd February 2016.

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Language:     English
Company:      Varengold Bank AG
              Große Elbstraße 27
              22767 Hamburg
Phone:        +49 (0)40 / 668649-0
Fax:          +49 (0)40 / 668649-49
ISIN:         DE0005479307
WKN:          547930
Listed:       Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart;
              Open Market (Entry Standard) in Frankfurt
End of Announcement                             DGAP News-Service