UNI - EN REPORT No6/2014
- Issue of 299.8 million new shares
- Subscription ratio of 18 : 5
- Gross proceeds of EUR 8.5 billion
Deutsche Bank AG (XETRA: DBKGn.DE / NYSE: DB) today fixed the subscription price for new shares issued as part of the Bank’s capital increase against cash contributions at EUR 22.50 per share.
Deutsche Bank will issue a total of 299.8 million new registered no par value shares (common shares) in public offerings in Germany, the United Kingdom and in the United States, using authorized capital. This corresponds to a subscription ratio of 18 : 5, i.e. Deutsche Bank shareholders may acquire for every 18 existing shares 5 new shares at the subscription price during the subscription period which is expected to run from 6 June through 24 June 2014. The new shares will have full dividend entitlement from 1 January 2014. The gross proceeds from the offering, which is fully underwritten, will amount to EUR 6.75 billion.