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

2020. október 05., hétfő, 14:37







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: investor@grenke.de

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: presse@grenke.de

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: investor@grenke.de
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 



fncls.ssp?fn=show_t_gif&application_id=1138919&application_name=news&site_id=geo_holding_tug
Tilos a hír bármilyen adatbázisba történő mentése vagy annak továbbítása harmadik fél számára;kereskedelmi viszonylatban vagy kereskedelmi céllal csak a Deutsche Gesellschaft für Ad-hoc-Publizität mbh írásos engedélyével történhet.

Közzétételek - archívum