DGAP-News: Varengold Wertpapierhandelsbank AG / Key word(s): Regulatory Approval/Miscellaneous Varengold obtains the commercial banking license 24.06.2013 / 14:00 --------------------------------------------------------------------- - Change of name in 'Varengold Bank AG' initiated Hamburg, 24th June 2013 - Varengold Wertpapierhandelsbank AG (WKN 547930), founded in 1995, obtained the planned enlargement of license for conducting banking business according to § 1 para. 1 Sentence 2 No. 1, 2, 5 and 8 (safe custody, credit business, deposit banking and guarantee business) after applying for it to the Federal Financial Supervisory Authority (BaFin) in August 2012. Within the conditions and possibilities of the licensing by BaFin, Varengold will initially concentrate on international commercial foreign business and lombard credits to extent the branch of Capital-Markets-Brokerage. With the license becomes effective, Varengold Wertpapierhandelsbank AG is assigned to the Compensation Fund of German Banks according to § 32 para. 3a KWG. As decided at the shareholder's meeting from 08.08.2012, Varengold Wertpapierhandelsbank AG encourages changing its name in 'Varengold Bank AG' in all fields of business. The request for the appropriate record in the Commercial Register has already been made. End of Corporate News --------------------------------------------------------------------- 24.06.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Varengold Wertpapierhandelsbank AG Große Elbstraße 27 22767 Hamburg Germany Phone: +49 (0)40 / 668649-0 Fax: +49 (0)40 / 668649-49 E-mail: [email protected] Internet: www.varengold.de ISIN: DE0005479307 WKN: 547930 Listed: Freiverkehr in Berlin, Düsseldorf, Stuttgart; Frankfurt in Open Market (Entry Standard) End of News DGAP News-Service --------------------------------------------------------------------- 217770 24.06.2013