>>> deutsche Bank cap increase

*** Deutsche Bank (DBK GY): Announces €8bn Rights Issue to strengthen its capital ratio

• To issue 687.5m new shrs at €11.65 each (30% discount to TERP) vs outstanding 1379.27m shares
• Timetable: prospectus published Mar 20; Trading Mar 21- Apr 6
• No language related to Unsubscribed rights
• Note: In 2014 Deutsche executed similar capital increase with take up of 99.1% where remaining new shares that were not subscribed were sold on the market.