DGAP-News: MWB to become a securities trading bank
2006-07-13 11:00
Gräfelfing/Munich, July 13th 2006. In yesterday's shareholders' meeting the
shareholders of MWB AG decided the change of name of the company to
"MWB Wertpapierhandelsbank AG". Thus the admission of the company to
investment banking is now also documented by its naming and signalizes that
MWB is a real competitor in the investment banking.
A further important point of reconciliation, next to the obligatory topics,
was the resolution to pay a dividend of 18 Cent per share entitled to
dividend.
MWB Wertpapierhandelsbank AG (www.mwb.de) was formed in 1993. The company
has been listed since April 1999 and has been admitted to Deutsche Börse
AG"s Prime Standard Segment since January 1, 2003. MWB is active in four
divisions: Specialist Business, Market Making for International Stocks, and
Institutional Clients (primarily order execution for banks, designated
sponsoring, and international sales); these are the company"s key areas of
focus. In addition, MWB also acquired a license at the beginning of 2006 to
conduct IPO business. Following the acquisition of the Berlin-based company
Diederich, which is involved in specialist business for bonds, the area of
fixed-interest securities is to be continuously expanded.
MWB AG is also involved in the area of private asset management via its 60%
interest in MWB Baden. The company is admitted to the stock exchanges in
Munich, Berlin, Frankfurt, Düsseldorf, Stuttgart, and Hamburg.
Contact:
MWB Wertpapierhandelshaus AG
Thomas Posovatz
Rottenbucher Straße 28
82166 Gräfelfing
Tel.: 089/85 85 2-500
Fax: 089/85 85 2-505
E-Mail: investor-relations@mwb.de
shareholders of MWB AG decided the change of name of the company to
"MWB Wertpapierhandelsbank AG". Thus the admission of the company to
investment banking is now also documented by its naming and signalizes that
MWB is a real competitor in the investment banking.
A further important point of reconciliation, next to the obligatory topics,
was the resolution to pay a dividend of 18 Cent per share entitled to
dividend.
MWB Wertpapierhandelsbank AG (www.mwb.de) was formed in 1993. The company
has been listed since April 1999 and has been admitted to Deutsche Börse
AG"s Prime Standard Segment since January 1, 2003. MWB is active in four
divisions: Specialist Business, Market Making for International Stocks, and
Institutional Clients (primarily order execution for banks, designated
sponsoring, and international sales); these are the company"s key areas of
focus. In addition, MWB also acquired a license at the beginning of 2006 to
conduct IPO business. Following the acquisition of the Berlin-based company
Diederich, which is involved in specialist business for bonds, the area of
fixed-interest securities is to be continuously expanded.
MWB AG is also involved in the area of private asset management via its 60%
interest in MWB Baden. The company is admitted to the stock exchanges in
Munich, Berlin, Frankfurt, Düsseldorf, Stuttgart, and Hamburg.
Contact:
MWB Wertpapierhandelshaus AG
Thomas Posovatz
Rottenbucher Straße 28
82166 Gräfelfing
Tel.: 089/85 85 2-500
Fax: 089/85 85 2-505
E-Mail: investor-relations@mwb.de
