Deutsche Bank AG - Historische Gesellschaft der Deutschen Bank e.V.

y up to an aggregate DM 500,000,000, granting the
sharcholders pre-emptive rights, was uti-
li7ed partially in Jariuary 1989 with an amount of DM
142,000,000. The new shares were offered to the
shareholders for subscription with full dividend entit-
lement for the 1989 financial year in the ratio of 1 for
15 at a price of DM 450 per DM 50 share.
In addition, the capital of DM 75,000,000 auth-
orized at the General Meeting on May 14, 1987, ex-
cluding shareholders' pre-emptive rights, and limited
until April 30,1992 was utilized with an amount of DM
66,500,000 after the Supervisory Board had given its
consent. Of the utilized amount, DM 6,500,000 re-
lated to the issue of staff shares, which were offered
at a preferential price of DM 249 per DM 50 share and
DM 60,000,000 to the placement in Japan at an issue
price of DM 646 per DM 50 share.
Subsequent to this, there wasauthorized capital of
an ayyregate DM 366,500,000 on 31. 12. 1989.
The balance sheet item "Bonds and notes" in-
cludes DM 750,000,000 convertible bonds which
can be exchanged for Deutsche Bank shares during
the period from 2.1.1990 to 15.12.1994 at a conver-
sion price of DM 250 per DM 50 share; the condi-
tional capital for this purpose amounts to DM
150,000,000. The convertible bond issue is divided
into 65,000 bonds in the nominal amount of DM
10,000; 80,000 bonds in the nominal amount of DM
1,000; and 80,000 bonds in the nominal amount of
DM 250.
The following bonds with stock warrants were is-
sued throuyh our subsidiaries Deutsche Bank Lux-
embourg S.A., Luxembourg, and Deutsche Bank Fin-
ance N.V., Curiqao; the attached warrants entitle the
holderto subscribe to Deutsche Bankshares. For this
purpose, there was conditional capital at the end of
1989 in the amount of DM 198,687,150, which was an
aggregate DM 250,887,750 down on 31. 12. 1988
owing to exercise of option rights and the reduction
resolved at the General Meeting on May 10, 1989,
since the conditional capital previously resolved is no
longer fully needed for the servicing of issued war-
rants.
The following bonds with warrants were
in circulation on 31. 12. 1989:
3 /.t%) 2nd F %% bonds wiil-i warrants of 1983, issired by Deirtsclic bnk Liixembniirg S.A., I iixnmboiirg, in itie iirriouril ol DM 240,000,000 arid $
100,0~)0,000 rcspcctivcly; warrants are dii,iched Lu eticl-i DM 1,000 borid
and ear:h $ 1,000 bond. entitling ttie bearer io subscribe fur 3 ur 7 Deutsche
Barik shares respectively at a siihsctiption price of DM 321.33 per
DM 50 share.Thesubst:ription pcriod cnds on 18.6 1991, in 1989.141.755
Deuisctie Barikshares [)M 7,087.75O(noininnl) wcrn nc[qiiircd piirs~innt
to subscripiiori riyhis.
6%% bonds wiih warrarits uf 1986. issired by 1)ciitschn Bank I-innncc
N.V., Ciira~ao, in the aniouni of DM 110,000,000, 2 wnrrclnts ;ire iittnchcd
tncncti DM 5.000 borid, erililliriy ihe bedrer tusubst:ribefor 1 and G Deutsche
Bankshnrcs ;it a subscription price ol DM 793 per DM 50 share The
subscription perind ends nn 28. 2. 1996.
5% cand 4'/7'70 bbods with warrants of 1987, issued by Cieuische Bürik
Finünce N.V. I:uracno. in thc amourit of DM /50,000,000 arid SF
200,000,000 respectively; w;irnnts aro attached to eacti DM 5,000 bcind
arid each SF 5.000 bnnd. entitling thc bcarer to suhs(:ribe lnr 9 Deuisctie
Bank stiares dl a subscriptiori price of DM 680 per DM 50 shnrc Thc sirh-
scription period ends ori 15. 12. 1992
Ttie borids wiih warrarits issued by Deutsche Bank Finnncc N V. (:iirncno,
hnvc been taken over bv Deuische Firiance (Netherlands) U.V. Anisterdam.
under a borrownr siibstii~itiori agreerrierit.
In addition, there is conditional capital of DM
240,000,000 in connection with an authorization,
valid until April 30, 1993, to issue bonds with stock
warrants or participatory ceriificates in a total
amount of up to DM 1,200,000,000.
On 31. 12. 1989, total conditional capital came to
DM 588,687,150.
In January 1990, the authorized capital was again
partially utilized, in the amount of DM 138,000,000,
with the consent of the Supervisory Board.
lncluding the funds from the capital increase, en-
tered in the Commercial Register on February 1,1990,
and from the exchange of bonds from our 4% conver-