DGAP-Adhoc: Imminent Insolvency
DGAP-Ad-hoc: vPE WertpapierhandelsBank AG / Key word(s): Insolvency/Liquidity Problem
Imminent Insolvency
23-Jun-2020 / 17:26 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Munich, 23. June 2020
Publication of inside information pursuant to Article 17 MAR
Imminent Insolvency
The management board of vPE WertpapierhandelsBank AG announces that the company is threatened with insolvency according to the current status (Section 18 German Insolvency Statute [InsO]).
However, the imminent insolvency would - according to the current forecast of the Management Board - no longer apply if, for example, the Administrative Court of Frankfurt granted the Company's application pursuant to Section 80 (5) VwGO to order the suspensive effect of the Company's objection to the BaFin decision of 29 May 2020 or the BaFin granted the Company's application pursuant to Section 80 (4) VwGO, or the BaFin ordered other measures which would allow the Company to trade in options (buy orders) again at short notice until the end of June in any case.
Contact:
vPE WertpapierhandelsBank AG / Herr Wolfgang Huber
Maximiliansplatz 17
80333 München
Tel: +49 (0)89 296 491
Fax: +49 (0)89 225 060
Email: huber@vpeag.de
Company:
vPE WertpapierhandelsBank AG, Maximiliansplatz 17, 80333 Munich, Germany, Fon: 089/296491, Fax: 089/225060, Email: huber@vpeag.de, Internet: www.vpeag.com
ISIN: DE0006911605, WKN: 691160, Börsen: Freiverkehr in Frankfurt (Basic Board), München (m:access)
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1077109 23-Jun-2020 CET/CEST