ELEXXION AG
DGAP-Ad-hoc: elexxion AG / Key word(s): Miscellaneous elexxion AG: Increase in Shareholding of Major Shareholder / Modification term of the Appointment of Management Board Member Martin Werner Klarenaar Singen, September 1, 2017 - Shanghai based Tian Ying Medical Instrument Co., Ltd., currently holding approximately 55 percent of elexxion AG's share capital, has announced that it has acquired a further 30 percent stake in the company's capital stock from Mr. Peter Greither. As part of the increase in the shareholding, Tian Ying has already confirmed a further investment totaling around EUR 430,000 to elexxion AG. The transaction is still subject to regulatory approval in China. This further restructuring of the shareholder circle is intended to advance the growth of elexxion AG. In the course of this process, the Company and the Board of Directors agreed to modify the term of appointment of the sole board member, Mr. Martin Werner Klarenaar. The term of appointment shall terminate on 31 December 2019. The company also informs that the new date for the Annual General Meeting will be announced after the balance sheet meeting of the Supervisory Board in mid-September 2017.
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01-Sep-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | elexxion AG |
| Otto-Hahn-Strasse 7 | |
| 78224 Singen | |
| Germany | |
| Phone: | +49 (0)7731-90733 0 |
| Fax: | +49 (0)7732-90733-55 |
| E-mail: | sh@crossalliance.de |
| Internet: | www.elexxion.com |
| ISIN: | DE000A0KFKH0, DE000A0KFKH0 |
| WKN: | A0KFKH, A0KFKH |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; Open Market (Basic Board) in Frankfurt |
| End of Announcement | DGAP News Service |
606273 01-Sep-2017 CET/CEST
