CR Capital Real Estate AG, DE000A0WMQ53

CR Capital Real Estate AG, DE000A0WMQ53

24.10.2017 - 07:33:46

CR Capital Real Estate AG: Free capital reserve from capital reserve increases latitude for dividend payments

CR Capital Real Estate AG: Free capital reserve from capital reserve increases latitude for dividend payments   Berlin, 24 October 2017 - The reduction in CR Capital Real Estate AG's share capital resolved at its ordinary general meeting on 15 August 2017 from EUR 18,783,778 to EUR 1,878,377 was entered in the commercial register on 4 October 2017. As part of the reduction, eight shares of the company were withdrawn and for the remaining 18,783,770 shares ten no-par value bearer shares in each case were compounded to form one no-par value bearer share. The company now has a total of 1,878,377 no-par value bearer shares in circulation.   With effect from 24 October 2017 the listing for the shares will be converted in the ratio of 10:1 on the Frankfurt Stock Exchange's Basic Board. The ISIN and WKN (German Securities Code) will change as follows as part of the capital reduction: ISIN DE000A2GS625 / WKN: A2GS62.   The capital reduction aims to create a free capital reserve, thus increasing the latitude for dividend disbursements.  About CR Capital Real Estate AG: CR Capital Real Estate AG is a real estate company listed on the Frankfurt Stock Exchange's Basic Board. CR Capital Real Estate AG has been successfully developing and selling real estate for almost ten years. It focuses on building new residential properties in Berlin, the greater Berlin region, and Leipzig. It focuses on apartments with high-quality fittings in excellent locations with an attractive cost/benefit ratio, and the company uses opportunities on the market to continue its profitable growth.   Contact:   CR Capital Real Estate AG XXX Fasanenstraße 77 10623 Berlin Tel. +49 (0)44 26 88 0 Fax: +49 (0)30 889 26 88 69 E-mail: info@cr-cap.dewww.capital-real-estate-ag.de    

24.10.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: CR Capital Real Estate AG Fasanenstraße 77 10623 Berlin

Germany Phone: +49 30 889 26 88 0 Fax: +49 30 889 26 88 69 E-mail: info@cr-cap.de Internet: www.capital-real-estate-ag.de ISIN: DE000A0WMQ53 WKN: A0WMQ5 Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange; Open Market (Basic Board) in Frankfurt   End of News DGAP News Service

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