Bitcoin Group SE - M&A Activity 2018

News Details

Ad-hoc | 12 November 2018 15:25

Bitcoin Group SE acquires 100% stake in Tremmel Wertpapierhandelsbank GmbH

Bitcoin Group SE / Key word(s): Mergers & Acquisitions

Bitcoin Group SE acquires 100% stake in Tremmel Wertpapierhandelsbank GmbH

12-Nov-2018 / 15:25 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

Bitcoin Group SE acquires 100% stake in Tremmel Wertpapierhandelsbank GmbH

Herford, November 12, 2018 – Bitcoin Group SE announces that today it has notarized the acquisition of 100% of the shares of Tremmel Wertpapierhandelsbank GmbH, based in Frankfurt, Germany. The purchase price is in the lower seven-digit euro range. The transaction is subject to the condition precedent of approval by the relevant regulatory authorities. Closing of the transaction is expected for the first half of 2019.

In addition, Bitcoin Group SE will significantly strengthen the equity of Tremmel Wertpapierhandelsbank GmbH by granting a subordinated loan.

Tremmel Wertpapierhandelsbank GmbH, founded in 2003, is a company supervised by the German Federal Financial Supervisory Authority (“BaFin”) with the license to provide banking and financial services.

Contact:

Bitcoin Group SE

Marco Bodewein

D-Nordstrasse 14

32051 Herford

mail: [email protected]

phone: +49.5221.69435.20

fax: +49.5221.69435.25

website: www.bitcoingroup.com

Investor Relations contact:

CROSS ALLIANCE communication GmbH

Susan Hoffmeister

phone.: +49.89.89827227

mail: [email protected]

website: www.crossalliance.com

12-Nov-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

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Language:	English
Company:	Bitcoin Group SE
	Nordstrasse 14
	32051 Herford
	Germany
Phone:	+49.5221.69435.20
Fax:	+49.5221.69435.25
E-mail:	[email protected]
Internet:	www.bitcoingroup.com
ISIN:	DE000A1TNV91
WKN:	A1TNV9
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf (Primärmarkt), Frankfurt, Hamburg, Munich, Stuttgart, Tradegate Exchange