Corporate | 15 December 2010 21:11
YOC AG / Key word(s): Corporate Action
YOC AG: YOC Reports Completion of Equity Issue
15.12.2010 / 21:11
YOC AG (Frankfurt, Prime Standard Segment; ISIN DE0005932735) has
successfully placed 137,000 shares to institutional investors in Europe, at
a price of EUR 33.25 per share. The issue was well covered. The Company
raised gross proceeds of approx. EUR 4.6 million. WestLB AG acted as sole
lead manager for this transaction.
With the capital increase, the number of issued shares will increase from
1,750,000 to 1,887,000 shares, corresponding to an increase of subscribed
share capital in common stock from EUR 1,750,000 to EUR 1,887,000.
'Today's successful funding will assist us to benefit from the strong
market development for further organic and inorganic growth. The YOC-Group
will focus on the international expansion including the market entry into
the US and further strengthen the technological leadership position. We
appreciate the confidence of our investors, which is reflected in a high
demand of YOC shares and a significant oversubscription ' commented Dirk
Kraus, Chief Executive Officer of YOC AG.
Contact:
Frau Nina Mecklenburger
Karl-Liebknecht-Straße 1
10178 Berlin
Fon: 030 726162-161
Fax: 030 726162-222
E-Mail: nina.mecklenburger@yoc.com
End of Corporate News
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Language: English
Company: YOC AG
Karl-Liebknecht-Str. 1
10178 Berlin
Deutschland
Phone: +49 (0)30-72 61 62 161
Fax: +49 (0)30-72 61 62 222
E-mail: nina.mecklenburger@yoc.com
Internet: www.yoc.com
ISIN: DE0005932735
WKN: 593273
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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