29/06/2012
Commerzbank AG / Key word(s): Corporate Action/Capital Increase
29.06.2012 / 13:51
---------------------------------------------------------------------
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR
INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN.
German Financial Market Stabilisation Fund (SoFFin) converts silent
participation of approximately EUR 80.1 m into approximately 58.85 m
Commerzbank shares
Today, the execution of the capital increase announced on June 27, 2012 for
the purpose of the payment of variable remuneration to a large extent in
shares was registered with the commercial register. Thus, the nominal
capital of Commerzbank was increased by 176,553,636 shares against
contribution in kind.
Subsequently, the German Financial Market Stabilisation Fund (SoFFin) has
converted a portion of its silent participation into shares in order to
maintain its equity interest ratio in Commerzbank (25% plus one share).
This will result in a portion of the silent participation with a nominal
value of approximately EUR 80.1 million being converted into 58,851,212
shares, using the conditional capital authorised in the 2011 Annual General
Shareholders' Meeting. SoFFin's remaining silent participation in
Commerzbank therefore is reduced to approximately EUR 1.63 billion.
With the execution of both capital measures, the total number of
Commerzbank shares has increased to 5,829,513,857 shares. The new shares
will be included in stock exchange trading for the first time on
July 2, 2012.
Press contact:
Simon Steiner +49 69 136 46646
Simone Fuchs +49 69 136 44910
*****
About Commerzbank
Commerzbank is a leading bank for private and corporate customers in
Germany. With the segments Private Customers, Mittelstandsbank, Corporates
& Markets, Central & Eastern Europe as well as Asset Based Finance, the
Bank offers its customers an attractive product portfolio, and is a strong
partner for the export-oriented SME sector in Germany and worldwide. With a
future total of some 1,200 branches, Commerzbank has one of the densest
networks of branches among German private banks. It has around 60 sites in
52 countries and serves almost 15 million private clients as well as 1
million business and corporate clients worldwide. In 2011, it posted gross
revenues of almost EUR 10 billion with 58,160 employees.
*****
Disclaimer
This press release does not contain or constitute an offer of, or the
solicitation of an offer to buy or subscribe for, securities to any person
in Australia, Canada, Japan, or the United States of America or in any
jurisdiction to whom or in which such offer or solicitation is unlawful.
The securities referred to herein may not be offered or sold in the United
States absent registration under the U.S. Securities Act of 1933, as
amended (the 'Securities Act') or another exemption from, or in a
transaction not subject to, the registration requirements of the Securities
Act. Subject to certain exceptions, the securities referred to herein may
not be offered or sold in Australia, Canada or Japan or to, or for the
account or benefit of, any national, resident or citizen of Australia,
Canada or Japan. Commerzbank Aktiengesellschaft does not intend to register
any portion of the offering in the United States or conduct a public
offering of securities in the United States The offer and sale of the
securities referred to herein has not been and will not be registered under
the Securities Act or under the applicable securities laws of Australia,
Canada or Japan.
This press release and any other documents or materials relating to the
transaction is not being made and such documents and/or materials have not
been approved by an authorized person for the purposes of section 21 of the
Financial Services and Markets Act 2000. Accordingly, such documents and/or
materials are not being distributed to, and must not be passed on to, the
general public in the United Kingdom. The communication of such documents
and/or materials as a financial promotion is only being made to those
persons in the United Kingdom falling within the definition of investment
professionals (as defined in Article 19(5) of the Financial Services and
Markets Act 2000 (Financial Promotion) Order 2005 (the 'Financial Promotion
Order')) or persons who are within Article 43 of the Financial Promotion
Order or any other persons to whom it may otherwise lawfully be made under
the Financial Promotion Order.
This press release contains forward-looking statements based on current
expectations and assumptions by the management of Commerzbank
Aktiengesellschaft. Forward-looking statements are subject to known and
unknown risks, uncertainties and other factors that may result in the
profit situation, profitability, performance or the profit of Commerzbank
Aktiengesellschaft deviating substantially from the profit situation,
profitability, performance or the profit expressly or implicitly assumed or
described in these forward-looking statements. In view of these risks,
uncertainties and other factors, the recipient of this press release
should not inappropriately rely on these forward-looking statements.
Commerzbank Aktiengesellschaft assumes no obligation to update such
forward-looking statements or to make them conform to future events and
developments.
Contact:
Commerzbank AG
Group Communications
Tel.: +49 69 136 - 22830
mediarelations@commerzbank.com
End of Corporate News
---------------------------------------------------------------------
29.06.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: Commerzbank AG
Kaiserplatz
60261 Frankfurt am Main
Germany
Phone: +49 (069) 136 20
Fax: -
E-mail: ir@commerzbank.com
Internet: www.commerzbank.de
ISIN: DE0008032004
WKN: 803200
Indices: DAX, CDAX, HDAX, PRIMEALL
Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime
Standard), Hamburg, Hannover, München, Stuttgart;
Terminbörse EUREX; London, SIX
End of News DGAP News-Service
---------------------------------------------------------------------
175992 29.06.2012
