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creditshelf Aktiengesellschaft completes acquisition of Valendo GmbH by means of a capital increase via contribution in kind by issuing shares from authorized capital

Frankfurt am Main, October 07, 2019 – creditshelf Aktiengesellschaft (WKN A2LQUA, ISIN DE000A2LQUA5, stock exchange symbol CSQ) concluded a purchase agreement on September 18, 2019, for the acquisition of all shares in Valendo GmbH from FinLeap GmbH and HEGUS Vermögensverwaltungs GmbH. Under this agreement the purchase price does not have to be paid in cash but can also be settled by issuing shares to the sellers. Today the Management Board of creditshelf Aktiengesellschaft decided to exercise this option and to fulfil the purchase price by utilizing the authorized capital against contributions in kind by issuing 21,974 new no-par value bearer shares, excluding the subscription rights of shareholders. The contributions in kind consist of the assignment of the seller’s claims against creditshelf Aktiengesellschaft for payment of the purchase price. The Supervisory Board of creditshelf Aktiengesellschaft has approved the utilization of the authorized capital resolved by the Management Board. After registration of the capital increase in the German commercial register (Handelsregister), the share capital of creditshelf Aktiengesellschaft would amount to EUR 1,353,224.00, divided into 1,353,224 no-par value bearer shares.

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