Varengold Bank AG: Annual General Meeting resolves cash capital with preemptive rights increase at a subscription ratio of 2: 1

Varengold Bank AG

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Varengold Bank AG: Annual General Meeting resolves cash capital with preemptive rights increase at a subscription ratio of 2: 1

Hamburg, 23rd August 2017 – Today´s Annual General Meeting of Varengold Bank AG (symbol: VG8) resolved on a cash capital increase with preemptive rights by up to EUR 2,070,141.00 at a subscription ratio of 2: 1 in accordance with a counter-motion of a shareholder to agenda item 5. The original agenda item 5 asked the shareholders to resolve on a subscription ratio of 1: 1. Agenda item 6 (creation of a new authorized capital) was also not adopted. All other agenda items were adopted in accordance with the management's proposals for resolutions.

Dr. Bernhard Fuhrmann, Director
Frank Otten, Director