DGAP-Ad-hoc: Decheng Technology AG / Key word(s): Miscellaneous
Decheng Technology AG: Three shareholders exempt from Lock-up obligation

12-Oct-2017 / 15:24 CET/CEST
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AD HOC RELEASE October 12, 2017


Decheng Technology AG: Three shareholders exempt from Lock-up obligation

Cologne, October 12, 2017. Decheng Technology AG (ISIN: DE000A1YDDM9; German Securities Identification Number (WKN): A1YDDM; ticker symbol: 333) announces, that the Lock-up-obligations between ACON Actienbank AG, Heimeranstr. 37, 80339 Munich, Germany, ("ACON") acting as the issuing bank, and the following three shareholders of the company have been terminated on October 12, 2017 with immediate effect:

Mr. ZHU Xiaofang, with residential address in Hong Kong, is a shareholder of the Company holding 20,430,000 shares out of the total shares in the Company. Rongshang Limited, with business address in Road Town, Tortola, British Virgin Islands, is a shareholder of the Company holding 2,049,000 shares out of the total shares in the Company. All-Time-Wonderful Limited, with business address in Road Town, Tortola, British Virgin Islands, is a shareholder of the Company holding 2,049,000 shares out of the total shares in the Company. The aforementioned shareholders each entered into a Lock-up-obligation with ACON in relation to their respective shares on May 28, 2016.




Contact:
VPC Group
Frankfurt Branch
Bleichstr. 64-66
60313 Frankfurt
Germany
+49 69 175371963
ir@dechengtechnology.com

12-Oct-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Decheng Technology AG
Martin-Luther-Platz 26
40212 Düsseldorf
Germany
Phone: +49 (0)211-78179033
E-mail: contact@dechengtechnology.com
Internet: www.dechengtechnology.com
ISIN: DE000A1YDDM9
WKN: A1YDDM
Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Tradegate Exchange

 
End of Announcement DGAP News Service

618483  12-Oct-2017 CET/CEST

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