Munich-based mwb Wertpapierhandelsbank AG (www.mwb.de), listed in the Prime Standard segment, completed its merger with Hamburg-based FAIRTRADE FINANCE AG (www.fairtradefinance.com) on March 31, 2008. Legal counsel to FAIRTRADE FINANCE AG shareholders was provided by attorneys of the large German law firm Heuking Kühn Lüer Wojtek.
The FAIRTRADE FINANCE shareholders contribute their shares to mwb and in return are granted approximately three million investment fund shares in mwb. 2.5 million of these securities are to be created by mwb's capital increase in kind from authorized capital as resolved on March 31, 2008. The rest will be made up for with treasury shares.
FAIRTRADE FINANCE AG shareholders will hold 40 percent of mwb's share capital after the capital increase. Once the capital increase has been completed, FAIRTRADE FINANCE AG is to be merged with mwb.
Legal counsel to mwb Wertpapierhandelsbank AG was provided by Munich law office Mayrhofer & Partner (www.mayrhofer-partner.de).
Counsel to FAIRTRADE FINANCE AG
Heuking Kühn Lüer Wojtek, among others
Counsel to mwb Wertpapierhandelsbank AG
Mayrhofer & Partner, Munich
Thomas Mayrhofer (Partner, Stock Corporation Law, Capital Market Law)
Dr. Alexander Thomas (Associate, Stock Corporation Law, Capital Market Law, Due Diligence)