Valens Holding AG: Valens Holding AG's shareholders has unanimously decided to take over Valens Bank Ltd.

Frankfurt am Main (pta/18.07.2019/08:55) - Valens Holding AG is pleased to announce, that it was unanimously decided on the Extraordinary General Meeting 16th July 2019, that the Company takes over 100% of Valens Bank Ltd. via a capital increase in kind of shares.

"The management of Valens Holding AG are happy to welcome Valens Bank Ltd. as part of the Company, and we will do our outmost to continue and further develop the great work at Valens Bank Ltd., and thereby create shareholder value for all investors", said Mr. James Holmes, Chairman of the Supervisory Board.

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