DGAP-Adhoc: Deutsche Hypothekenbank (Actien-Gesellschaft): Resolution of the Owners" Meeting of NORD/LB on the complete legal integration of Deutsche Hypo

2020. december 14., hétfő, 22:00





DGAP-Ad-hoc: Deutsche Hypothekenbank (Actien-Gesellschaft) / Key word(s): Mergers & Acquisitions/Merger


Deutsche Hypothekenbank (Actien-Gesellschaft): Resolution of the Owners" Meeting of NORD/LB on the complete legal integration of Deutsche Hypo


14-Dec-2020 / 22:00 CET/CEST


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.


The issuer is solely responsible for the content of this announcement.




The Owners" Meeting of Norddeutsche Landesbank Girozentrale - NORD/LB - and the Annual General Meeting of its wholly-owned subsidiary Deutsche Hypothekenbank (Actien-Gesellschaft) - Deutsche Hypo - decided at their respective meetings on 14 December 2020 that Deutsche Hypo should be fully integrated into NORD/LB. Following the integration, the financing of commercial real estate will remain a central pillar of the business model of NORD/LB - the brand Deutsche Hypo will still be used in the future.


The integration of Deutsche Hypo into NORD/LB will take place by way of a merger on the basis of a merger agreement in accordance with 16 para. 1 clause 2 of the State Treaty between the Federal State of Lower Saxony, the Federal State of Saxony-Anhalt and the Federal State of Mecklenburg-Western Pomerania via Norddeutsche Landesbank - Girozentrale - dated 6 December 2019 (Nds. GVBl. No. 23/2019, p. 399) in conjunction with sections 2 et seq., 60 et seq. of the German Transformation Act (Umwandlungsgesetz).


The merger is expected to be completed on 30 June 2021, by entry in the commercial register. When the merger takes effect, all of Deutsche Hypo"s liabilities from outstanding securities will be transferred to NORD/LB by way of legal succession.



Deutsche Hypothekenbank

(Actien-Gesellschaft)

Osterstraße 31

30159 Hannover


A complete overview of outstanding securities issued by Deutsche Hypothekenbank (Actien-Gesellschaft) is available on the website of Deutsche Hypothekenbank (Actien-Gesellschaft) at: https://www.deutsche-hypo.de/en/finanzinstrumente.


 








14-Dec-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Deutsche Hypothekenbank (Actien-Gesellschaft)

Osterstraße 31

30159 Hannover

Germany
Phone: 0511-3045-653
Fax: 0511-3045-109
E-mail: arne.preuss@deutsche-hypo.de
Internet: www.deutsche-hypo.de
ISIN: DE0002538451, Weitere ISIN finden sich unter https://www.deutsche-hypo.de/finanzinstrumente
WKN: 253845
Listed: Regulated Market in Hanover; Luxembourg Stock Exchange, SIX
EQS News ID: 1155101





 
End of Announcement DGAP News Service




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