World Markets AG
World Markets AG : Open Market Frankfurt 4WM – Reverse Split – New Board of Directors
World Markets AG / Key word(s): Corporate Action/AGM/EGM Reverse Split: At the EGM of August 31, 2011 it was resolved that the nominal value of the 143'600'000 common bearer shares in issue is increased from CHF 0.01 to CHF 0.20 by implementing a 1 for 20 reverse split. a. 20 existing common shares are replaced by 1 new common share. b. The par value per share is now CHF 0.20 [previously CHF 0.01]. c. Share capital, number of shares in issue and type of shares: The share capital is CHF 1'436'000.00 and is divided into 7'180'000 common bearer shares with a par value of CHF 0.20 per share [previously: 143'600'000 common bearer shares with a par value of CHF 0.01 per share]. Odd Lots (maximum 19 shares per shareholder) will be bought by the company at the bid price of the request date. ISIN, WKN and Ticker remain unchanged. Conversion period and ex-day: The conversion period ends on September 26, 2011. Ex-day is September 27, 2011. New Board of Directors: Sean Patrick Lewis and Hendrik Klein have resigned from the BoD. Dr. Karl Preisig, Chairman, Dr. David Haas, Delegate, Tanja Havemann and Graham Taylor have been appointed new Directors. Change of registered office: the company has moved its registered office from Unterägeri to Hünenberg. More information on: www.world-markets-ag.com End of Corporate News 31.08.2011 News transmitted by EquityStory AG. The issuer is responsible for the contents of the release. EquityStory publishes regulatory releases, media releases on the capital market and press releases. The EquityStory Group distributes authentic and real-time financial news for over 1’300 listed companies. The Swiss news archive can be found at http://www.equitystory.ch/nachrichten |
137755 31.08.2011 |