Mutares AG converts to registered shares
- New ISIN DE000A2NB650 and GSIN A2NB65 valid as of today
- Changeover in shareholders’ securities accounts on the evening of 7 September 2018
- Increased transparency and more direct communication with shareholders intended
Munich, 6 September 2018 – Mutares AG, a Munich based, stock-listed industrial holding company focused on the acquisition and development of medium-sized companies with potential for operational improvement, is converting its entire share portfolio from bearer shares to registered shares as of today. From today, the new ISIN DE000A2NB650 (previously: DE000A0SMSH2) and the new GSIN A2NB65 (previously: A0SMSH) will apply. The ticker symbol remains unchanged at MUX. The Annual General Meeting of Mutares AG resolved the conversion on July 20, 2018.
15,496,292 shares will be converted from bearer shares to registered shares at a ratio of 1:1 and will be entered in the new share register by Clearstream Banking AG. In the coming days, the shareholders of Mutares AG will be informed by their custodian banks about the forthcoming conversion of the bearer shares and the first entry in the share register. The change in custody account will take place on the basis of the respective holdings of custody customers as of 7 September 2018, evening.
“With the conversion to registered shares, we would like to take advantage of the more direct communication with our shareholders and, with a more transparent shareholder structure, align it even more closely with the needs and requirements of our investors in the future,” explains Robin Laik, CEO of Mutares AG.
Further information on the conversion to registered shares can be found in the Investor Relations section.