elexxion AG - Major Shareholding Notification 2017

News Details

Ad-hoc | 1 September 2017 15:55

elexxion AG: Increase in Shareholding of Major Shareholder / Modification term of the Appointment of Management Board Member Martin Werner Klarenaar

elexxion AG / Key word(s): Miscellaneous

01-Sep-2017 / 15:55 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP – a service of EQS Group AG.

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

elexxion AG: Increase in Shareholding of Major Shareholder / Modification term of the Appointment of Management Board Member Martin Werner Klarenaar

Singen, September 1, 2017 – Shanghai based Tian Ying Medical Instrument Co., Ltd., currently holding approximately 55 percent of elexxion AG’s share capital, has announced that it has acquired a further 30 percent stake in the company’s capital stock from Mr. Peter Greither. As part of the increase in the shareholding, Tian Ying has already confirmed a further investment totaling around EUR 430,000 to elexxion AG.

The transaction is still subject to regulatory approval in China. This further restructuring of the shareholder circle is intended to advance the growth of elexxion AG. In the course of this process, the Company and the Board of Directors agreed to modify the term of appointment of the sole board member, Mr. Martin Werner Klarenaar. The term of appointment shall terminate on 31 December 2019.

The company also informs that the new date for the Annual General Meeting will be announced after the balance sheet meeting of the Supervisory Board in mid-September 2017.

Contact:

elexxion AG

Martin Klarenaar

Management Board

Otto-Hahn-Strasse 7

78224 Singen

Germany

phone: +49 (0) 7731-90733-0

email: [email protected]

01-Sep-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

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Language:	English
Company:	elexxion AG
	Otto-Hahn-Strasse 7
	78224 Singen
	Germany
Phone:	+49 (0)7731-90733 0
Fax:	+49 (0)7732-90733-55
E-mail:	[email protected]
Internet:	www.elexxion.com
ISIN:	DE000A0KFKH0, DE000A0KFKH0
WKN:	A0KFKH, A0KFKH
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; Open Market (Basic Board) in Frankfurt