Archive 2005 Press-/Ad-hoc Publications
DEPFA BANK halts sale of Deutsche Pfandbriefbank AG
Press and Investor Relations Release
Dublin/Frankfurt am Main, 18 April 2005
In March 2004 DEPFA BANK plc initiated the sale process of its 100% subsidiary Deutsche Pfandbriefbank AG. Deutsche Pfandbriefbank enjoyed a strong financial performance in 2004 and this success has continued into 2005 as well.
However, none of the bids submitted met DEPFA Group´s full internal value for the Pfandbriefbank. Therefore the Board of Directors of DEPFA BANK plc came to the conclusion that a sale was not in the best interests of shareholders. This means that the corporate structure of DEPFA Group, which has been operating very successfully since 2002, is unchanged. DEPFA Group will continue as planned to further develop its business with German clients from its branch in Frankfurt.
The Bank’s ongoing product diversification and its geographic expansion give DEPFA every confidence that it can achieve a Group net profit of up to € 600 m in 2006.
WKN: 765818 / ISIN: IE 0072559994
Exchange listing: Frankfurt/Main (MDAX)
Quote symbols: DEPF.DE (REUTERS), DEP GR (Bloomberg)
Contact:
Hanno Strube
Marc Towner
Henrik Hannemann
02.11.2005
Press Release
DEPFA BANK´s net profit in Q3 set to fulfil full year 2005 target
02.11.2005
Ad hoc statement according to §15 German securities law
DEPFA BANK´s net profit in Q3 set to fulfil full year 2005 target
21.09.2005
Press Release
DEPFA BANK appoints Matthias Mosler as member of the Executive Committee
02.09.2005
Press Release
Jürgen Karcher leaving Pfandbriefbank on 31 December 2005
03.08.2005
Ad hoc statement according to §15 German securities law
DEPFA BANK clearly on track to reach its full year target
03.08.2005
Press Release
DEPFA BANK clearly on track to reach its full year target
09.05.2005
Press Release
DEPFA BANK gets off to a good start in 2005 - Net profit of € 120 million, return on equity of 25% -
09.05.2005
Ad hoc statement according to §15 German securities law
DEPFA BANK gets off to a good start in 2005
18.04.2005
Press Release
DEPFA BANK halts sale of Deutsche Pfandbriefbank AG
18.04.2005
Ad hoc statement according to §15 German securities law
DEPFA BANK halts sale of Deutsche Pfandbriefbank AG
15.02.2005
Press Release
Another record year for DEPFA BANK
15.02.2005
Ad hoc statement according to §15 German securities law
Another record year for DEPFA BANK
17.01.2005
Press Release
DEPFA BANK appoints new member of the Executive Committee
13.01.2005
Press Release
DEPFA appoints CEO for Financial Guaranty Business
