FAQ

April 2017:
On April 7, 2017 Deutsche Bank has successfully completed the capital increase from authorized capital against cash contributions it announced on March 5, 2017. The number of no par value shares of Deutsche Bank AG has increased by 687.5 million, from 1,379.3 million to 2,066.8 million through the public offering of new shares via subscription rights. The gross proceeds amount to approximately EUR 8.0 billion. The subscription price was 11.65 euros per share. 98,9 per cent of the subscription rights were exercised. The remaining new shares that were not subscribed will be sold in the market.

June 2014:
On June 25, 2014 Deutsche Bank completed the capital increase from authorized capital against cash contributions it announced on May 18, 2014. The number of shares of Deutsche Bank AG has increased by 359.8 million, from 1,019.5 million to 1,379.3 million, reflecting both the capital increase without subscription rights of 59.9 million shares completed earlier, and the Bank's public offering of new shares via subscription rights. The gross proceeds of these transactions amounted to EUR 8.5 billion.
In the public offering with subscription rights, 299.8 million new registered no par value shares (common shares) were issued. The subscription price was EUR 22.50 per share. 99.1% of the subscription rights were exercised. The remaining new shares that were not subscribed were sold on the market.

April 2013:
On April 30, 2013 Deutsche Bank placed 90 million new shares with institutional investors by way of an accelerated book build offering. The placement price was Euro 32.90 per share. The aggregate gross proceeds amounted to Euro 2.96 billion. Deutsche Bank AG acted as sole bookrunner for the offering. The purpose of the capital increase is to strengthen the equity capitalisation of the bank.

October 2010:
On October 6, 2010 Deutsche Bank completed the capital increase from authorized capital against cash contributions, which it had announced on 12 September 2010. In total, 308.6 million new registered no par value shares (common shares) were issued. 99.31 percent of the subscription rights were exercised by the owners of the subscription rights, and thus 306.51 million new shares were issued at a subscription price of EUR 33.00 per share. The remaining 2.13 million new shares that were not subscribed on the basis of the subscription offer will be sold on the stock exchange.
The share capital (common shares) of Deutsche Bank AG has thus increased by EUR 790.1 million, from EUR 1,589.4 million to EUR 2,379.5 million, and the gross issue proceeds amounted to EUR 10.2 billion.
The capital increase was primarily intended to cover capital consumption from the planned Postbank consolidation, but also supported the existing capital base to accommodate regulatory changes and business growth.

March 2009:
We issued 50 million shares worth EUR 958 million through a capital increase in kind for the purchase of a minority shareholding in Deutsche Postbank AG from Deutsche Post AG. As a result of this, Deutsche Post AG held a stake of approximately 8% in Deutsche Bank until this was disposed of in its entirety at the beginning of July 2009.

September 2008:
On Septemer 22, 2008 Deutsche Bank placed 40 million new registered shares without par value with institutional investors by way of an accelerated bookbuilt offering. The placement price was Euro 55 per share. The aggregate gross proceeds amount to Euro 2.2 billion. Deutsche Bank AG acted as sole bookrunner for the offering. The purpose of the capital increase was to finance the acquisition of a minority stake of 29.75 % in Deutsche Postbank AG from Deutsche Post AG and to maintain the strong equity capitalisation also following the acquisition.

April 1999:
The capital increase during the acquisition of Bankers Trust was part of the funding strategy for this deal. The capital was increased by approximately EUR 3.3 billion and about 80 million new shares were issued.