Ecommerce Alliance AG, listed on the Entry Standard of the Frankfurt Stock Exchange (ISIN DE000A1C9YW6 / WKN A1C9YW), will convert all stock from bearer to registered shares with an effective date of 25 August 2014. From this date, shares carry the new ISIN DE000A12UK08 (previously: DE000A1C9YW6) and the new WKN A12UK0 (previously: A1C9YW). The ticker remains unchanged as ECF.
The 2,445,655 shares will be converted from bearer to registered shares in the ratio of 1:1 and will be entered in the new share register by Computershare Deutschland GmbH & Co. KG. The change of share type was decided at the Annual General Meeting of Ecommerce Alliance AG of 17 July 2014. Within the next few days, shareholders will be informed by their custodian banks of the imminent conversion of bearer shares and their initial entry in the share register.
Daniel Wild, CEO of Ecommerce Alliance AG said: "The conversion to registered shares will facilitate more direct communication with our shareholders and result in greater transparency with respect to share ownership, as well reducing costs in the medium term in connection with holding the AGM. It is our aim to communicate with our shareholders in both a trusting and efficient manner, and the conversion to registered shares allows us to be more focussed on their needs and requirements in future."