Extraordinary General Meeting resolved on capital reduction and capital increase

 In 2019

Munich, January 10, 2019 – Yesterday´s Extraordinary General Meeting of windeln.de SE (“windeln.de” or “Group”), one of the leading online retailers for family products in Europe and to customers in China, resolved with a high approval rate of 99.83% to reduce windeln.de’s share capital from EUR 31,136,470.00 by EUR 28,022,823.00 to EUR 3,113,647.00 through an ordinary capital reduction by way of a reverse share split at a ratio of 10 : 1. Based on the capital reduction, windeln.de’s calculated share price ranges above EUR 1.00 on the basis of the closing price of January 9, 2019, which is the statutory minimum amount for new shares to be issued in connection with capital increases. In addition, the Extraordinary General Meeting further resolved with a high approval rate of 94.7% to increase windeln.de’s reduced share capital of EUR 3,113,647.00 by up to EUR 9,000,000.00 to up to 12,113,647.00 by issuing 9,000,000 new ordinary bearer shares with no-par-value against contribution in cash with indirect subscription rights for existing shareholders.
The new shares will carry dividend entitlements from January 1, 2018. The subscription period will commence shortly after the capital reduction has been registered with the commercial register. Further details in relation to the capital increase, including the subscription period and subscription price, will be published as soon as determined by the Management Board, with the approval of the Supervisory Board.

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