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DGAP-News: GRENKE AG: Current status: Proof of GRENKE Consolidated Group cash and cash equivalents

eqs_en 
0 0 05.10.20
DGAP-News: GRENKE AG: Current status: Proof of GRENKE Consolidated Group cash and cash equivalents: http://s3-eu-west-1.amazonaws.com/sharewise-dev/attachment/file/24105/Grenke_Logo.jpg
 

DGAP-News: GRENKE AG / Key word(s): Miscellaneous
GRENKE AG: Current status: Proof of GRENKE Consolidated Group cash and cash equivalents

05.10.2020 / 14:37
The issuer is solely responsible for the content of this announcement.


Current status: Proof of GRENKE Consolidated Group cash and cash equivalents

Baden-Baden, October 5, 2020: GRENKE AG, a global financing partner for small and medium-sized enterprises, announced today that the auditing company KPMG AG has submitted the status on the cash and cash equivalents. For all bank balances of the GRENKE Consolidated Group, KPMG requested written confirmations from the account-keeping institutions, which includes the Bundesbank, for the two reference dates of June 30, 2020 and September 15, 2020, immediately after the mandate was given. These were validated and evaluated during the past several days.

In detail, KPMG received bank confirmations for the bank balances of 98.5% (EUR 1.06 billion) as of June 30, 2020 and 98.6% (EUR 0.96 billion) as of September 15, 2020. Due to international postal delivery, the outstanding bank confirmations are expected to be received in mid-October 2020.

For further information, please contact:

GRENKE AG
Team Investor Relations
Neuer Markt 2
76532 Baden-Baden
Phone: +49 7221 5007-204
Email: [email protected]
Website: www.grenke.com

Press contact
Stefan Wichmann
Executive Communications Consulting
Alfred-Bierwirth-Weg 2
D-53572 Unkel (near Bonn)
Phone: +49 22 24 98 77 98
Email: [email protected]
Mobile: +49 (0) 171 20 20 300
 

About GRENKE

The GRENKE Group (GRENKE) is a global financing partner for small and medium-sized companies. As a one-stop shop for customers, GRENKE's products range from flexible small-ticket leasing and demand-driven bank products to convenient factoring. Fast and easy processing and personal contact with customers and partners are at the centre of GRENKE's activities.

Founded in 1978 in Baden-Baden, the Company operates in 33 countries and employs more than 1,700 staff worldwide. GRENKE shares are listed in the MDAX on the Frankfurt Stock Exchange (ISIN DE000A161N30).

Further information about GRENKE and its products is available at: www.grenke.com


05.10.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: GRENKE AG
Neuer Markt 2
76532 Baden-Baden
Germany
Phone: +49 (0)7221 50 07-204
Fax: +49 (0)7221 50 07-4218
E-mail: [email protected]
Internet: www.grenke.de
ISIN: DE000A161N30
WKN: A161N3
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1138919

 
End of News DGAP News Service

1138919  05.10.2020 

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EQS Group is a leading international provider of regulatory technology in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.




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