Ellwangen, March 11, 2025 – VARTA AG announces that the capital reduction to zero and the simultaneous capital increase, which were planned as part of the restructuring plan and approved by the Management Board with the approval of the Supervisory Board on March 4, 2025, took effect at the Company today. As a result, the previous shareholders of the Company have left VARTA AG without compensation due to the cancellation of the currently issued VARTA shares (“old shares”).
At the same time as the capital reduction to zero took effect, the admission of VARTA AG shares to trading on the regulated market of the Frankfurt Stock Exchange and to the sub-segment of the regulated market with additional post-admission obligations (Prime Standard) automatically expired (delisting). The old shares will be written off by the custodian institutions and Clearstream Banking AG in the following days. As a result of the delisting, VARTA shares can no longer be traded on the Frankfurt Stock Exchange.
VARTA announces effectiveness of capital reduction to zero and the simultaneous capital increase, as well as the delisting from the Frankfurt Stock Exchange
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About VARTA AG in Ellwangen
VARTA AG manufactures and markets a comprehensive range of batteries, from microbatteries and household batteries to energy storage systems and customized battery solutions for a wide range of industrial and commercial applications. Through intensive research and development, VARTA AG sets global standards in lithium-ion technology and microbatteries and is recognized as an innovation leader in key growth markets, particularly in lithium-ion cells and primary hearing aid batteries. With over 3,500 employees, five production and manufacturing facilities in Europe and Asia, and sales locations in Europe, Asia and the USA, VARTA AG's operating companies are now active in more than 100 countries.
Based on years of technological experience, VARTA AG has comprehensive expertise across the entire development and production process for battery solutions. VARTA AG can develop almost any customer- or application-specific battery architecture and acts as a strong sparring partner for industry, SMEs and OEMs in the early engineering and design phases. In addition to this in-depth development and integration expertise, VARTA AG has mastered the scalable industrial series production of sophisticated battery solutions, combining technological innovation with a high degree of vertical integration and global delivery capability.