DGAP-News

GRENKE AG: Wolfgang Grenke comments on the franchise system of GRENKE AG - Seite 3

With the takeover of CTP, Mr. Grenke also clearly assumed the functions of the executive bodies, which runs counter to the accusation of practiced intransparency.

The franchise companies taken over by GRENKE AG in the past today represent approx. 20% of the new business of GRENKE AG and thus constitute a significant success factor for the growth of GRENKE AG. The takeover of the promising franchise companies thereby serves the long-term interests of GRENKE AG and its shareholders.
For further information, please contact:

GRENKE AG
Team Investor Relations

Neuer Markt 2
76532 Baden-Baden
Phone: [phone]
Email: [e-mail]
Website: www.grenke.com

About GRENKE

The GRENKE Group (GRENKE) is a global financing partner for small and medium-sized companies. As a one-stop shop for customers, GRENKE's products range from flexible small-ticket leasing and demand-driven bank products to convenient factoring. Fast and easy processing and personal contact with customers and partners are at the centre of GRENKE's activities.

Founded in 1978 in Baden-Baden, the Company operates in 33 countries and employs more than 1,700 staff worldwide. GRENKE shares are listed in the MDAX on the Frankfurt Stock Exchange (ISIN DE000A161N30).

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17.09.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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Language:	English
Company:	GRENKE AG
	Neuer Markt 2
	76532 Baden-Baden
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.grenke.de
ISIN:	DE000A161N30
WKN:	A161N3
Indices:	MDAX
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1133289