Inside information

Annual General Meeting of July 6, 2023 approves stock split at the ratio of 1 to 2

The Annual General Meeting of Alexanderwerk AG resolved today, among other things, to restructure the company’s share capital in the amount of EUR 4.680.000, divided into 1,800,000 no-par value shares, and to amend the Articles of Association accordingly.

One no-par value share for a pro rata amount of the share capital of EUR 2.60 will be replaced by two no-par value shares for a pro rata amount of EUR 1.30 each in the share capital (share split at a ratio of 1 to 2). This means that the share capital will be restructured into 3,600,000 no-par value shares.

The amendment to the Articles of Association takes effect upon entry in the company’s commercial register. The share split then still needs to be technically implemented in the stock exchange trading systems. The company will inform the capital markets in due course about these further steps by separate notice.

Remscheid, July 6, 2023

Alexanderwerk AG
Executive Board