Corporate News

Bitcoin Group SE holds Annual General Meeting

  • High approval rates for all proposed resolutions
  • Company looks confidently into the future and announces investments

Herford, June 22, 2018 – Bitcoin Group SE (ISIN DE000A1TNV91) held its Annual General Meeting in Herford on June 22, 2018, for the past 2017 financial year. The shareholders approved the proposals of the management with clear majorities in all agenda items.

The shareholders of Bitcoin Group SE present followed the recommendation of the management to approve the actions of the members of the Board of Directors for the 2017 financial year. This was accepted by 99.99 % of the capital present. The actions of the Executive Directors were also approved (99.99% approval). Baker Tilly Roelfs AG, Wirtschaftsprüfungsgesellschaft, Munich, was appointed as auditor and group auditor.

The wholly-owned subsidiary Bitcoin Deutschland AG, which operates Bitcoin.de, Germany's only regulated trading platform for cryptocurrencies, announced at its Annual General Meeting to pay a dividend of EUR 50.00 per share. In this way, the parent company will receive a total dividend of EUR 2.5 million. The funds will be used primarily for capital purposes.

The managing directors of Bitcoin Group SE gave an overview on the past fiscal year and took a look into the future: In a dynamically growing market, the company wants to strengthen and further expand its exposed position. The basis for this is Germany's only regulated trading platform for cryptocurrencies Bitcoin.de, operated by the wholly owned subsidiary Bitcoin Deutschland AG.

"We have grown strongly in the past financial year. With our trading platform Bitcoin.de, which has an interface to the regular banking network, we are in a very good position to make the best use of the potential of the cryptocurrency market", says Michael Nowak, Managing Director of Bitcoin Group SE.

"Prospectively, we want to develop Bitcoin.de into a comprehensive financial service provider. To this end, we tap into cooperations and want to make targeted investments in the usability and security of the trading platform. The inclusion of further tradable cryptocurrencies will broaden our offer on Bitcoin.de. We are convinced that in this way we will be able to convince many customers of our services and at the same time ensure our success. We have achieved a great deal. And we want to achieve even more in the 2018 financial year," says Managing Director Marco Bodewein, who has been responsible for "Corporate Strategy" since the beginning of June 2018.

The presentation of the Managing Directors and the voting results are available on Bitcoin Group SE's website at www.bitcoingroup.com under Investor Relations.


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