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FinLab AG / Key word(s): Personnel/Miscellaneous
FinLab AG Ad-hoc (30 September 2021):
Termination of Matthias Kröner's management board activities by mutual agreement as of 30 September 2021 / Change from the scale board to the basic board / Discontinuation of IFRS accounting
With the approval of the supervisory board, the management board of FinLab AG has today decided on further measures to increase efficiency:
- FinLab AG will promptly request the revocation of the admission of FinLab AG shares to the sub-section of the Scale Board at the Frankfurt Stock Exchange in accordance with Section 27 of the "General Terms and Conditions of Deutsche Börse AG for the Regulated Unofficial Market (Freiverkehr) on the Frankfurter Wertpapierbörse". The change in segment does not affect the inclusion of FinLab AG shares to trading on the Regulated Unofficial Market of the Frankfurt Stock Exchange (Basic Board). The tradability will not be restricted. The revocation of the admission to the sub-segment of the Scale Board shall take effect upon expiry of three months. As a result of the change of the stock exchange segment, certain post-admission obligations no longer apply.
- The additional voluntary accounting in accordance with the International Financial Reporting Standards (IFRS) will be discontinued as of the fiscal year 2021.
The costs associated with listing and accounting will be significantly reduced by today's resolutions.
About FinLab AG:
30-Sep-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
+49 (0)69 719 12 80 - 0
+49 (0)69 719 12 80 - 011
Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Stuttgart, Tradegate Exchange
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