VPE WertpapierhandelsBank : Filing and substantiation of appeals against the notice of revocation issued by BaFin on 29 May 2020 (concerning license pursuant to section 32 (1) of the KWG for banking transactions and financial services) / Change in the Board of Managing Directors

DGAP-Ad-hoc: vPE WertpapierhandelsBank AG / Key word(s): Personnel/Personnel Filing and substantiation of appeals against the notice of revocation issued by BaFin on 29 May 2020 (concerning license pursuant to section 32 (1) of the KWG for banking transactions and financial services) / Change in the Board of Managing Directors 18-Jun-2020 / 19:24 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Munich, 18. June 2020 Publication of inside information pursuant to Article 17 MAR Filing and substantiation of appeals against the notice of revocation issued by BaFin on 29 May 2020 (concerning license pursuant to section 32 (1) of the KWG for banking transactions and financial services) / Change in the Board of Managing Directors The Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin") issued an official notice to vPE WertpapierhandelsBank AG ("vPE") on May 29, 2020 that licenses pursuant to § 32 KWG or which was issued pursuant to §§ 64i para. 1 sentence 1, 64j para. 1 and 64l para. 1 sentence 1 of the German Banking Act (Kreditwesengesetz - "KWG"), or the license deemed to have been granted pursuant to sections 64i (1) sentence 1, 64j (1) and 64l (1) sentence 1 of the KWG, to provide financial commission business, investment brokerage, investment advice, placement business, acquisition brokerage, financial portfolio management, third-country deposit brokerage, factoring, finance leasing, and investment management are revoked ("BaFin notice"). On June 12, 2020, vPE filed an objection against the BaFin notice with BaFin and applied for the suspension of the enforcement of the BaFin notice (§ 80 para. 4 VwGO). On June 18, 2020, vPE substantiated the aforementioned appeals. Furthermore, on June 12, 2020, vPE filed an application with the administrative court of Frankfurt pursuant to § 80 para. 5 VwGO to order the suspensive effect of vPE's objection to the BaFin notice. On June 18, 2020, vPE substantiated the aforementioned application and submitted an application for the issuance of an interim notice in the form of a so-called "Hängebeschluss". In its meeting on June 17, 2020, the supervisory board of vPE appointed Mr. Heinrich Hartmann as member of the management board for a period of one year with effect from June 17, 2020, subject to the approval of BaFin and the Deutsche Bundesbank. Contact: vPE WertpapierhandelsBank AG / Herr Wolfgang Huber Maximiliansplatz 17 80333 München Tel: [phone] Fax: [phone] Email: [e-mail] Company: vPE WertpapierhandelsBank AG, Maximiliansplatz 17, 80333 Munich, Germany, Fon: 089/296491, Fax: [phone], Email: [e-mail], Internet: www.vpeag.com ISIN: DE0006911605, WKN: 691160, Börsen: Freiverkehr in Frankfurt (Basic Board), München (m:access) 18-Jun-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language:	English
Company:	vPE WertpapierhandelsBank AG
	Maximiliansplatz 17
	80333 München
	Germany
Phone:	089/296491
Fax:	089/225060
E-mail:	[e-mail]
Internet:	www.vpeag.com
ISIN:	DE0006911605
WKN:	691160
Listed:	Regulated Unofficial Market in Frankfurt (Basic Board), Munich (m:access)
EQS News ID:	1073927

End of Announcement	DGAP News Service

1073927  18-Jun-2020 CET/CEST