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Sayfa başlığıConversion of preferred into ordinary shares: Bundesgerichtshof decides in favour of METRO AG

04.11.2003

Conversion of preferred into ordinary shares: Bundesgerichtshof decides in favour of METRO AG

On 3 November 2003, "Bundesgerichtshof" (Federal Supreme Court) has decided in favour of METRO AG to dismiss the appeal against the judgement of the "Oberlandesgericht" (Higher Regional Court) dated 20 September 2001. Therewith the actions for avoidance against the resolution of the conversion of preferred into ordinary shares passed by the ordinary Stockholders' Meeting of METRO AG on 4 July 2000 have been terminated.

The judgement of the "Oberlandesgericht" of Cologne from 20 September 2001 is from now on final. Within the next days, the challenged common stocks of METRO AG (code number 725752) will become "normal" ordinary shares of METRO AG (code number 725750) without further action of the shareholders being necessary. The depository bank will inform the shareholders about the change of the security identification number.

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