DGAP-Adhoc: OVB Holding AG is entering another European Market with Belgium

Publication of insider information in accordance with Article 17 of the Regulation
(EU) No. 596/2014

OVB Holding AG is entering another European Market with Belgium

Today, OVB Holding AG signed a contract with AG Insurance NV for the complete acquisition of the Belgian brokerage company Willemot Bijzonder Verzekeringsbestuur NV ("Willemot NV"), domiciled in Gent.

In the 2017 financial year, Willemot NV generated sales of EUR 11.9 million. The company acts as a broker and operates its own brokerage platform.

OVB will continue the company under the brand name Willemot.

The purchase price will amount to a figure in the low single-digit millions of euros. Confidentiality was agreed on other details of the contract.

The contractual partners will provide FSMA (the Belgian Financial Services and Markets Authority) with a notification of the transaction. Closing is expected at the end of the first quarter of 2019.

Contact:

OVB Holding AG
Heumarkt 1
50667 Cologne
Tel.: +49 (0) 221/2015-288
Fax: +49 (0) 221/2015- 325
E-mail: bbonifer@ovb.de
Internet: www.ovb.eu

ISIN DE0006286560
WKN 628656
Stock exchange: Frankfurt Stock Exchange, regulated market (Prime Standard)