Varengold Bank AG

Legal Proceedings Report • Sep 30, 2015

News Details

Media | 30 September 2015 19:08

Varengold Bank AG: Correction of a news item on FinanceFeeds

(DGAP-Media / 2015-09-30 / 19:08)

Hamburg, 30th September 2015 - The Executive Board of Varengold Bank AG
expressly distances itself from the information stated in the article
"Exclusive: Varengold set to relinquish its FX business following change of
ownership" on the "FinanceFeeds" website, according to which the company
was to relinquish its Forex trading and transfer existing accounts to a
British company owned by one of its major shareholders. As set out in the
Corporate News published on 25th September 2015, Varengold Bank AG has in
perspective decided only to relinquish its Dubai office. The assertions in
the above article are simply not true. Varengold Bank AG is considering
legal action and wishes to apologise to its partners and customers for the
inconvenience caused by the article.

End of Media Release

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Issuer: Varengold Bank AG
Key word(s): Finance

2015-09-30 Dissemination of a Press Release, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: Varengold Bank AG
Große Elbstraße 27
22767 Hamburg
Germany
Phone: +49 (0)40 / 668649-0
Fax: +49 (0)40 / 668649-49
E-mail: info@varengold.de
Internet: www.varengold.de
ISIN: DE0005479307
WKN: 547930
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Stuttgart; Open Market (Entry Standard) in Frankfurt

End of News DGAP Media

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