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Frequentis AG Capital/Financing Update 2020

Jul 15, 2020

745_iss_2020-07-15_f85c8bd8-533c-44f4-9672-59a1d51c3990.pdf

Capital/Financing Update

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publication: 15.07.2020 12:54 source: http://adhoc.pressetext.com/news/1594810440406 keywords: Frequentis AG / Bank / Deposits

Public disclosure of inside information according to article 17 MAR

Frequentis AG: Frequentis holds deposits with Commerzialbank Mattersburg im Burgenland Aktiengesellschaft

Vienna, Austria (pta021/15.07.2020/12:54) - In accordance with the notification of the Financial Market Authority, Commerzialbank Mattersburg im Burgenland AG (Commerzialbank Mattersburg) was prohibited by official decree from continuing its business operations with immediate effect and an auditor was appointed as Government Commissioner (see FMA website). The bank is thus also prohibited from paying out deposits. As of today, Frequentis holds deposits of approximately EUR 31 million with Commerzialbank Mattersburg. Frequentis monitors the situation very closely and evaluates the situation to secure its rights.

Frequentis Group holds deposits of more than EUR 56 million as of 30 June 2020.

emitter: Frequentis AG
Innovationsstraße 1
1100 Wien
Austria
contact person: Stefan Marin
phone: +431811501074
e-mail: [email protected]
website: www.frequentis.com
ISIN(s): ATFREQUENT09 (share)
stock exchanges: official trade in Vienna
other stock
exchanges:
Regulierter Markt in Frankfurt

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