PRESS RELEASE : WEG Bank AG: TokenPay Swiss AG to exit WEG Bank AG as a shareholder

DGAP-News: WEG Bank AG / Key word(s): Share Buyback/Strategic Company Decision 
WEG Bank AG: TokenPay Swiss AG to exit WEG Bank AG as a shareholder 
2021-06-24 / 10:31 
The issuer is solely responsible for the content of this announcement. 
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Matthias von Hauff, founder of the WEG Bank AG, has fully repurchased the shares sold to TokenPay Swiss AG in 2018. 
This is a result of the different strategic goals of the two entities. 
It was not an easy decision, but after long deliberations and discussions, Matthias von Hauff, CEO of WEG Bank AG, 
decided to repurchase the shares of TokenPay Swiss AG amounting to 9.64% of the share capital. The Swiss fintech 
company is now officially no longer a shareholder of WEG Bank AG. There are no longer any business relationships or 
joint projects between the bank and TokenPay Swiss AG. 
"At the time, TokenPay Swiss AG gave an exciting impetus to open the bank to fintech products and thus played an 
important role in the development of the institute. In the meantime, however, the strategic goals of the institutions 
are too far removed to make a long-term partnership seem sensible," says Matthias von Hauff, CEO of WEG Bank AG. 
In particular, the development of the TEN31 business field, the fintech arm of WEG Bank AG, has aroused significant 
interest among investors in the industry. For this reason, Matthias von Hauff opened the company to strategic 
shareholders in 2018. This was done in the sense of the further development of the business model to be able to offer 
strategic added value. TokenPay Swiss AG was the first new shareholder after the bank was founded. 
With the repurchase of TokenPay Swiss AG's shares, the bank is currently held by the following strategic shareholders: 
Litecoin Foundation 7.31%, Salamantex GmbH 9.64%, Turing Complete Holdings Ltd 9.64%, Anquan Capital Ltd 9.64%, 
Matthias von Hauff 9.64%, von Hauff Holding GmbH 38,42%, Best Assekuranzmakler AG 2.58%, PP Solutions AG 2.44% and some 
private investors with smaller holdings. 
It is to be expected that further actors and shareholders will be added who will support the bank in its visions. 
About WEG Bank AG / TEN31 Bank 
"Always one step ahead": With this mission, the German WEG Bank AG initially dedicated itself to the housing industry 
and secured a role as a leading institute for WEGs and property managers. With the founding of the product "TEN31", and 
a renaming of the bank to "TEN31 Bank AG" planned for summer 2021, the institute remains true to its innovative spirit 
and establishes a second product line: banking services in innovative payment transactions. TEN31 focuses on the 
everyday usability of digital currencies intending to provide true added value for all parties involved. TEN31 is the 
bridge between conventional banking and the blockchain world. 
Contact 
Nina Farr, WEG Bank AG / TEN31 Bank | Alte Landstr. 27 | 85521Ottobrunn | 
Tel.: [phone] | E-Mail: [e-mail] | www.weg-bank.de 
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2021-06-24 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
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1211259 2021-06-24

 
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June 24, 2021 04:31 ET (08:31 GMT)