AFKEM AG, Hamburg, announces that the management of Save the Planet AG, Switzerland, today has announced the resignation from the contribution of the share No. 2 of ROSCH INNOVATIONS® Deutschland GmbH, Troisdorf, as well as the withdrawal from the subscription of the new shares , as numerous minority shareholders declared comprehensive contradictions against all agenda items of the Annual General Meeting on 16 October 2017 before the resolution on the capital increase.
For this reason, Save the Planet AG has withdrawn its offer. The share capital of the company should be increased by EUR 2,500,000.00 in the context of a capital increase in capital (TOP 2 and 3). As a result of this withdrawal, AFKEM AG will not be able to carry out the increase in the capital increase and no further steps will be taken at these agenda items 2 and 3.