Public disclosure of inside information according to article 17 MAR
Feike AG enters into agreement with Valens Bank Ltd.
Frankfurt am Main (pta002/10.05.2018/14:50) -
c/o Landgraf Schneider Rechtsanwälte PartG
Feike AG is pleased to announce, that the Company has entered into an agreement with Valens Bank Ltd., in which Feike AG will take over 100% of Valens Bank Ltd. The take-over will take place via a capital increase in kind of shares. More information will follow in the next four weeks. The Capital increase will be subject to an Extra Ordinary General Meeting to be called, and specific details about the targeted take-over will be released as soon as possible.
As part of the process, Feike AG will change name to Valens AG, and the company will from today use Valens as a brand name.
"We proudly welcome Valens Bank Ltd., and we are certain, this is a unique opportunity to create shareholder value for both current and coming investors", said Mr. James Holmes, Chairman of the Supervisory Board.
For further information, kindly contact
a brand of Feike AG
60325 Frankfurt am Main
||+49 32 221 093 344
||regulated market in Frankfurt