DVB Bank AG / Capital Increase/Miscellaneous 10.04.2008 Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- DVB Bank AG intends - to increase its share capital; - to carry out a 10-for-1 share split; and - to merge its subsidiary DVB Bank N.V., Rotterdam, into DVB Bank AG, and to change its legal form to a European public limited-liability company (Societas Europaea SE). In its meeting on 9 April 2008, the Board of Managing Directors of DVB Bank AG passed several resolutions regarding capital changes and the merger of DVB Bank N.V. into DVB Bank AG, to form DVB Bank SE: 1. The Board of Managing Directors adopted a resolution in principle (Grundlagenbeschluss)] exercise its authority under the Authorised Capital 2006 to increase the Companys share capital to an extent that DVB Bank AG will raise a total amount of about EUR150 million. The Board of Managing Directors intends to issue the new shares at a subscription ratio of 6 to 1(where shareholders are entitled to subscribe for one new share for six old shares), with the new shares carrying full dividend rights for the business year 2008. It is intended to enter into an agreement with DZ BANK AG, Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, according to which DZ BANK AG will underwrite the new shares, with the obligation to offer them to shareholders of DVB Bank AG for indirect subscription from DZ BANK AG, at an issuing price yet to be determined. Further details will be determined and published at a later date. 2. Furthermore, the Board of Managing Directors resolved to propose a resolution to the Companys ordinary shareholders' meeting to carry out a 10-for-1 share split. 3. Finally, the Board of Managing Directors resolved to propose a resolution to the Companys ordinary shareholders' meeting, approving the merger of DVB Bank N.V. into DVB Bank AG, with a concurrent change in DVB Bank AGs legal form into a Societas Europaea, including the corresponding amendments to its Memorandum and Articles of Association. The Supervisory Board approved the resolutions set out above on 10 April 2008. Frankfurt/Main, 10 April 2008 DVB Bank AG THE BOARD OF MANAGING DIRECTORS Driese Grabowski Lunde DGAP 10.04.2008 --------------------------------------------------------------------------- Language: English Issuer: DVB Bank AG Friedrich-Ebert-Anlage 60325 Frankfurt am Main Deutschland Phone: 069-97504-390 Fax: 069-97504-333 E-mail: borislav.bjelicic@dvbbank.com Internet: www.dvbbank.com ISIN: DE0008045501 WKN: 804550 End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: DVB Bank AG: Resolution in principle on a capital increase from authorised capital; share split; merger of DVB Bank N.V.,Rotterdam, into DVB Bank AG, to form DVB Bank SE
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