Forward stock split for Bechtle shareholders
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DGAP-News: Bechtle AG
/ Key word(s): Corporate Action/Capital Increase
Forward stock split for Bechtle shareholders - Shares will be split 3-for-1 - Shareholders to receive two additional shares for each share they currently own - No impact on share portfolio value
The technical implementation for the split has been scheduled for 13 August-which will be the last day with the old share price. The new shares will be listed on the regulated market of the Frankfurt Stock Exchange from 16 August. The price of the Bechtle share will be divided by three accordingly, without impacting the real value of the share portfolio and diluting stock ownership. Each Bechtle AG shareholder will receive two additional shares, so-called bonus shares, for each share they currently own. The bonus shares will be distributed to shareholders by means of a custody account credit. No action is required on the part of shareholders. The new shares are considered as participating shares starting from the beginning of the current fiscal year, 2021. The purpose of this move is to improve tradability of the securities on the stock market and to make it easier for a broader investing public to purchase shares initially or expand their current shareholdings. ***
Contact
10.08.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
| Language: | English |
| Company: | Bechtle AG |
| Bechtle Platz 1 | |
| 74172 Neckarsulm | |
| Germany | |
| Phone: | +49 7132 981-0 |
| Fax: | +49 7132 981-8000 |
| E-mail: | ir@bechtle.com |
| Internet: | bechtle.com |
| ISIN: | DE0005158703 |
| WKN: | 515870 |
| Indices: | MDAX, TecDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1225038 |
| End of News | DGAP News Service |
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1225038 10.08.2021
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