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
VARTA AG produces and markets a comprehensive battery portfolio ranging from microbatteries, household batteries and energy storage systems to customised battery solutions for a wide range of applications. Through intensive research and development, VARTA AG sets global standards in many areas of lithium-ion technology and microbatteries, making it the recognised innovation leader in the key growth markets for lithium-ion technology and primary hearing aid batteries. The VARTA AG Group currently employs around 4,000 people. With five production and manufacturing facilities in Europe and Asia as well as distribution centres in Asia, Europe and the USA, VARTA AG's operating subsidiaries are currently active in over 100 countries worldwide.