SIMONA AG - Share Issue/Capital Change 2020

News Details

Ad-hoc | 2 December 2020 14:18

SIMONA Aktiengesellschaft: SIMONA plans stock split

SIMONA Aktiengesellschaft / Key word(s): AGM/EGM/Miscellaneous

SIMONA Aktiengesellschaft: SIMONA plans stock split

02-Dec-2020 / 14:18 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.

Kirn, 02 December 2020. The Management Board and the Supervisory Board have today decided to propose a 1:10 stock split at the Annual General Meeting on 2 June 2021 in order to make the company’s shares more attractive, especially for private and retail investors, and to increase the trading volume. The company’s share capital is to be redivided in a ratio of 1:10 without issuing new shares, thus increasing the number of shares tenfold (stock split).

Subject to the approval of the Annual General Meeting, each shareholder will receive nine additional shares for each share held in SIMONA AG at the reporting date. The shareholder structure and voting rights remain unchanged. Only the notional interest in the share capital per share will be divided into ten parts.

Further details will be provided in the proposed resolution to be published at the Annual General Meeting.

02-Dec-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

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Language:	English
Company:	SIMONA Aktiengesellschaft
	Teichweg 16
	55606 Kirn an der Nahe
	Germany
Phone:	06752-14-997
Fax:	06752-14-738
E-mail:	[email protected]
Internet:	www.simona.de
ISIN:	DE0007239402
WKN:	723940
Listed:	Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Stuttgart
EQS News ID:	1152282