Brief: Frequentis Says Commerzialbank Mattersburg Was Banned From Continuing Its Business Operations

Frequentis AG

15/07/2020 11:56

July 15 (Reuters) - FREQUENTIS AG  FQT.VI :
    * COMMERZIALBANK MATTERSBURG WAS BANNED FROM CONTINUING ITS
BUSINESS OPERATIONS WITH IMMEDIATE EFFECT AND AN AUDITOR
APPOINTED AS GOVERNMENT COMMISSIONER
    * FREQUENTIS HOLDS DEPOSITS WITH COMMERZIALBANK MATTERSBURG
IM
BURGENLAND AKTIENGESELLSCHAFT
    * FREQUENTIS IS MONITORING THE SITUATION VERY CLOSELY AND
EVALUATING ALL MEASURES TO PROTECT ITS RIGHTS.
    * HOLDS DEPOSITS IN COMMERZIALBANK MATTERSBURG IN THE AMOUNT
OF OF
APPROXIMATELY EUR 31 MILLION

Source text for Eikon:  ID:nPexTp7NNa 
Further company coverage:  FQT.VI 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;;))