Brief: Varengold Bank: Planned Capital Increase

Ascory Bank AG

03/07/2018 13:50

July 3 (Reuters) - Varengold Bank AG  VG8G.DE :
    * DGAP-ADHOC: VARENGOLD BANK AG: PLANNED CAPITAL INCREASE WITH INDIRECT SUBSCRIPTION RIGHT
IN THE
RATIO 2:1
    * EQUITY CAPITAL SHALL BE INCREASED BY UP TO EUR 3.12 MILLION TO UP TO EUR 9.32 MILLION
    * UP TO 3,105,211 NEW SHARES SHALL CARRY DIVIDEND RIGHTS FOR FINANCIAL YEAR 2018
    * STRENGTHENING OF EQUITY CAPITAL BASIS IS PLANNED TO ENABLE AN EXPANSION OF BUSINESS
ACTIVITIES
ON A SOLID FOUNDATION

Source text for Eikon:  ID:nEQ5zR1cwa 
Further company coverage:  VG8G.DE 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))