PRESS RELEASE

from Tokentus Investment AG (isin : DE000A3CN9R8)

EQS-Adhoc: tokentus investment AG announces a non-cash impairment of an investment

EQS-Ad-hoc: tokentus investment AG / Key word(s): Miscellaneous
tokentus investment AG announces a non-cash impairment of an investment

02-March-2023 / 21:18 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


tokentus investment AG announces a non-cash impairment of an investment

- Not for distribution, publication or forwarding in the USA, Australia, Canada and Japan -

Frankfurt am Main, 2 March 2023 - The Management Board of tokentus investment AG (the "Company") (WKN A3CN9R / ISIN: DE000A3CN9R8) decided today to make a non-cash, unscheduled and full write-down on its investment in Celsius Network Ltd, London as of 31 December 2022.

The non-cash charge on the company's financial statements as at 31 December 2022 amounts to approximately € 1.2 million.

The reason for the write-down are the developments in the voluntary Chapter 11 proceedings of Celsius Network. From the company's point of view, a planned successful restructuring, in which the shareholders of Celsius Network are taken into account, is not apparent for various reasons.

Contact Investor Relations:
Oliver Michel
CEO of tokentus investment AG
Tel: +49 175 7222 351
oliver.michel@tokentus.com

 


02-March-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:English
Company:tokentus investment AG
Taunusanlage 8 c/c WeWork
60329 Frankfurt
Germany
E-mail:contact@tokentus.com
Internet:www.tokentus.com
ISIN:DE000A3CN9R8
WKN:A3CN9R
Listed:Regulated Unofficial Market in Frankfurt, Munich
EQS News ID:1573717

 
End of AnnouncementEQS News Service

1573717  02-March-2023 CET/CEST

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