Deutsche Börse AG: Additional U.S. plaintiffs filed a complaint naming Deutsche Börse AG subsidiary Clearstream
Last night Clearstream Banking S.A., Luxembourg ("Clearstream"), a 100 per cent subsidiary of Deutsche Börse AG, has learned that on Friday, October 14, 2016, certain judgment creditors of Iran and Bank Markazi (the "Havlish plaintiffs") filed a complaint naming Iran, Bank Markazi and financial intermediaries including Clearstream in the United States District Court for the Southern District of New York. According to the complaint, in 2012 the Havlish plaintiffs obtained a judgment totalling approximately USD 6.6 billion against Iran and Bank Markazi. The Havlish plaintiffs are seeking to execute upon assets of these defendants and have included claims against Clearstream based on its historical relationship with Bank Markazi as a customer. Their complaint is based on similar assets of Bank Markazi and similar allegations against Clearstream as in the previous legal actions initiated by other U.S. judgment creditors of Iran.
Clearstream believes the Havlish complaint against it to be without merit. Clearstream will take all necessary and appropriate measures to vigorously defend itself.
Contact: Rüdiger Assion Group Communications Deutsche Börse AG Phone: +49 69 211 1 50 04
Grit Beecken Group Communications Deutsche Börse AG Phone: +352 2 43 3 23 75
19.10.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Company: Deutsche Börse AG
60485 Frankfurt / Main
Phone: +49 (0)69 211 - 0
ISIN: DE0005810055, DE000A2AA253, DE000A1RE1W1, DE000A1R1BC6,
WKN: 581005, A2AA25, A1RE1W, A1R1BC, A161W6, A1684V
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange
End of Announcement DGAP News-Service
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