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Finexity AG Completes 1:4 Stock Split Successfully

Finexity AG has announced the successful completion of a 1:4 stock split, a move aimed at improving the tradability and liquidity of its shares. Shareholders will now hold four shares for every one previously owned, though the ISIN remains unchanged. This corporate action, resolved at the Annual General Meeting in August, involved a capital increase from company funds, significantly raising the share count from 1,340,298 to 5,361,192 shares.

The stock split is designed to appeal to a broader investor base, including retail and institutional investors. It reduces the notional share price proportionately while preserving the total value of investments. CEO Paul Hülsmann emphasized the strategy's role in enhancing market attractiveness and liquidity.

The share capital increase was achieved without issuing new shares or acquiring additional funds. Shareholders’ account adjustments will occur automatically, requiring no shareholder action.

R. H.

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