Ad-hoc | 7 June 2017 17:43
Softing AG: Softing has decided to raise its capital
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Softing AG / Key word(s): Capital Increase
Haar, June 7th, 2017 – Today the Softing Executive Boad has decided to raise the capital of Softing from EUR 6.959.438,00 by up to EUR 695.943 to up to EUR 7.655.381,00 by issuing up to 695.943 new shares against cash and under the preclusion of the shareholders purchase rights. The Softing Supervisory Board has approved this decision.
The new shares are entitled to share in profits effective as of January 1st, 2017. M.M.Warburg will offer the new shares to institutional investors for purchase within a private placement. The exact number of shares being issued and the purchase price per share will be defined by the Softing Executive Board after the completion of an accellerated bookbuilding procedure. Softing will use the capital raised to finance product development in all segments as well as to finance small and medium sized acquisitions, expected in the remaining time of 2017, in combination with debt. The Executive Board Contact: Dr. Wolfgang Trier CEO
07-Jun-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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| Language: | English |
| Company: | Softing AG |
| Richard-Reitzner-Allee 6 | |
| 85540 Haar | |
| Germany | |
| Phone: | +49 (0)89 456 56-333 |
| Fax: | +49 (0)89 456 56-399 |
| E-mail: | InvestorRelations@softing.com |
| Internet: | www.softing.com |
| ISIN: | DE0005178008 |
| WKN: | 517800 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| End of Announcement | DGAP News Service |