Wallstreet squeeze-out: Online Capital AG adopted

DGAP-News: wallstreet:online AG / Keyword(s): Squeeze Out/AG/AGE

Wallstreet squeeze-out: Online Capital AG adopted

26.01.2022 / 13:36
The issuer is solely responsible for the content of this announcement.

Wallstreet squeeze-out: Online Capital AG adopted

wallstreet:online AG will become a 100% shareholder of the Smartbroker operator wallstreet:online capital AG pending registration in the commercial register

– Essential step in the development of Smartbroker into Germany’s leading online broker

– Minority shareholders will receive EUR 47.48 per share

Berlin, January 26, 2022

Since the beginning of 2021, wallstreet:online AG (ISIN DE000A2GS609, FSE: WSO1) has consistently pursued its goal of increasing its stake in wallstreet:online capital AG (“WOC”) to 100%. On January 26, 2022, the extraordinary general meeting of WOC adopted the corresponding motion to transfer the shares of the remaining minority shareholders of WOC upon payment of an adequate cash compensation in accordance with the provisions of German stock corporation law. (AktG) (squeeze-out according to § 327a AktG). 99.35% of the votes cast were in favor of the motion. After the completion of the statutory procedures, wallstreet:online AG will thus be the sole shareholder of WOC, which operates the multi-award-winning neo-broker Smartbroker.

After registration of the squeeze-out in the commercial register, the minority shareholders will receive a cash compensation of EUR 47.48 per WOC share of wallstreet:online AG. The adequacy of cash compensation has been reviewed and confirmed by a court-appointed expert. The success of the squeeze-out enables the Company to pursue its strategy to make Smartbroker Germany’s leading online broker for private investors.

About the wallstreet:online group:

The wallstreet:online group operates the Smartbroker – an award-winning online broker, which is the only provider in Germany to combine the extensive product range of traditional brokers with the extremely favorable conditions of neo-brokers. At the same time, the Group operates four high-reach stock market portals (wallstreet-online.de, boersenNews.de, FinanzNachrichten.de and ARIVA.de). With several hundred million page views per month, the Group is by far the largest publisher-independent financial portal operator in German-speaking countries and the largest financial community.

Press contacts:

Felix Rentzsch
Communications Manager
Telephone: +49 (0)176 4165 0721
Email: [email protected]

Investor Relations contact:

Sabrina Kassmannhuber
Investor Relations Manager
Telephone: +49 (0)30 20 456 500
Email: [email protected]

26.01.2022 Broadcast of a Corporate News, transmitted by the DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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