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
Press contact
Interim press spokesperson VARTA AG
Dirk Schmitt
Phone: +49 170 302 8833
VARTA AG in Ellwangen
VARTA AG, headquartered in Ellwangen, serves as the parent company that consolidates the operational activities of its business units and subsidiaries, VARTA Microbattery GmbH and VARTA Storage GmbH.
These business units and subsidiaries develop, manufacture, and market microbatteries and energy storage systems, as well as custom battery solutions for industrial customers and end consumers. With a high degree of vertical integration, strong technological expertise, and a clear focus on “Made in Germany” quality, the VARTA AG Group makes a significant contribution to a secure and efficient energy supply for the future.
For more information about the company, visit: www.varta-ag.com