Varengold Bank AG: Capital increase carried out successfully

Varengold Bank AG  / Key word(s): Capital Increase/Miscellaneous24.02.2016 16:38Dissemination of a Corporate News, transmitted by DGAP - a service of EQSGroup AG.The issuer / publisher is solely responsible for the content of this announcement.---------------------------------------------------------------------------Hamburg, 24th February 2016 - Varengold Bank AG (ISIN DE0005479307) hascarried out a capital increase against cash contribution according to thecorresponding authorization granted by the Annual General Meeting on 26thAugust 2015. The company's share capital was increased against cashcontributions by EUR 974,184.00 from EUR 1,948,368.00 to EUR 2,922,552.00by issuing 974,184 new shares in a public rights offering and a subsequentprivate placement with the approval of the Supervisory Board. The shareswere placed at an issue price of EUR 13.00 per share. The capital increasewas registered in the commercial register on 23rd February 2016.24.02.2016 The DGAP Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de--------------------------------------------------------------------------- Language:     EnglishCompany:      Varengold Bank AG              Große Elbstraße 27              22767 Hamburg              GermanyPhone:        +49 (0)40 / 668649-0Fax:          +49 (0)40 / 668649-49E-mail:       info@varengold.deInternet:     www.varengold.deISIN:         DE0005479307WKN:          547930Listed:       Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart;              Open Market (Entry Standard) in Frankfurt End of Announcement                             DGAP News-Service ---------------------------------------------------------------------------