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DGAP-News: flatex Holding AG (in the future FinTech Group AG) places all treasury shares

July 2, 2014

flatex Holding AG / Key word(s): Strategic Company Decision 02.07.2014 11:54 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- flatex Holding AG (in the future FinTech Group AG) places all treasury shares - Proceeds almost EUR6 million - New capital to be used to implement the planned expanded strategy Flatex Holding AG (ISIN DE0005249601/WKN 524960) has realized approx. EUR6 million from the complete sale of 930,000 treasury shares. The shares were sold in a private placement to international institutional investors. The price at which the shares were sold was not significantly below the price determined in the opening auction of a flatex share in Xetra trading on the day of the trade. The new cash is supposed to support the implementation of the strategic development communicated on June 2nd, 2014. In the existing online brokerage business flatex Holding AG today is already one of the market leaders in Germany together with its subsidiaries flatex GmbH, AKTIONAERSBANK Kulmbach GmbH and CeFDex AG, particularly in terms of innovation. Additionally, flatex Holding AG in the future wants to offer online banking services alongside the entire value chain of financial services as well as to develop and finance disruptive financial services technologies and business models. The core of this strategy is AKTIONAERSBANK, which since September 2013 has had the permission to provide the whole range of banking services ("full-service bank"). In order to reflect these expanded activities also in its name, the executive and supervisory board will propose changing the company name of flatex Holding AG to FinTech Group AG at the shareholders' annual meeting on July 18, 2014 as also already communicated June 2nd. In the second half of 2014, new subsidiaries in the fields of crowdfunding, financial comparison websites and peer-to-peer lending are on the agenda in addition to the expansion of the existing service portfolio in the brokerage segment, especially in the CFD and FOREX area. The objective is to become the leading European provider and investor in the financial services technology sector and to redefine digital financial services. The expanded strategy and the return to the growth path of the years 2007 to 2011, in which the company was significantly profitable while at the same time experiencing rapid growth, are also expected to be promptly reflected in the earnings figures. Due to the start-up losses in connection with the set-up of AKTIONAERSBANK, in 2014 the executive board still expects a slightly negative EBIT, but from 2015 on EBIT should then take a significant turn into positive territory again. Contact flatex Holding AG: flatex Holding AG Stefan MÜller stefan.mueller@flatex-ag.de +49 (0)9221 7035-236 Press contact: Die PR-BERATER Agentur fÜr Kommunikation GmbHGuido Balkebalke@dieprberater.de +49 (0)221 800471-12 +49 (0)151 6290 9786 02.07.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: flatex Holding AG E.-C.-Baumann-Str. 8a 95326 Kulmbach Germany Phone: 09221/952-0 Fax: 09221/6058234 E-mail: info@flatex-ag.de Internet: www.flatex-ag.de ISIN: DE0005249601 WKN: 524960 Listed: Freiverkehr in Berlin, DÜsseldorf, MÜnchen, Stuttgart; Frankfurt in Open Market (Entry Standard) End of Announcement DGAP News-Service ---------------------------------------------------------------------------


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Source: DGAP Corporate News


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