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wirecardag

22.06.2020 |

One Square Advisory Services GmbH - Wirecard AG: Invitation to investor telephone conference with information for bondholders of Wirecard AG on current developments and options

 

Munich, 22 June 2020 – Wirecard announced on 18 June 2020 that the date for the publication of the annual and consolidated financial statements for 2019 would be delayed as no sufficient audit evidence could be obtained of cash balances on trust accounts which have to be consolidated in the consolidated financial statements in the amount of EUR 1.9 billion. On 19 June 2020, the company announced that Markus Braun would resign with immediate effect as member of the management board and that James Freis was appointed as interim CEO. As a result of these news, the price of the EUR 500.000.000 0.50% 19/24 (WKN: A2YNQ5 / ISIN: DE000A2YNQ58) bond, issued by Wirecard AG (the "Bond") lost over 80% of its value in the past days.


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