Corporate | 7 October 2015 17:52
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DGAP-News: mutares AG / Key word(s): Capital Increase/Corporate Action
– This press release is not to be distributed, published or disseminated into the United States, Canada, Japan or Australia –
With the approval of the Supervisory Board, the Management Board of mutares AG (ISIN DE000A0SMSH2) has decided today to increase the Company’s share capital from currently EUR 14,038,332.00 to up to EUR 15,438,332.00 by issuing up to EUR 1,400,000 new no-par-value bearer shares (the “New Shares”) of authorised capital against cash contribution. Pursuant to § 186 paragraph 3, sentence 4 of German Stock Corporation Act, the subscription rights for the New Shares have been excluded. The New Shares are entitled to receiving dividends as of January 1, 2015 and will be admitted to trading without a prospectus on the Open Market (Entry Standard) of the Frankfurt Stock Exchange.
In addition to the increased financial flexibility, the Company and its major shareholders have set the strategic goal of increasing the free float as well as the trading volume of the mutares stock. Thus, the major shareholders are prepared to also participate in the placement with their own shares by way of an accelerated book building as part of a private placement with institutional investors. The transaction will be led by Hauck & Aufhäuser Privatbankiers KGaA and Baader Bank AG as Joint Bookrunners. Company profile of mutares AG mutares AG, Munich (www.mutares.de), acquires companies, that are being sold in the course of a repositioning process at their owners and that show a clear operational improvement potential. Getting engaged with its own teams, mutares actively supports its portfolio companies to achieve a clear value increase. The focus of the operational work is to ensure sustainable, long-term growth. The shares of mutares AG are traded in the Open Market of the Frankfurt Stock Exchange (Entry Standard) under the symbol MUX (ISIN: DE000A0SMSH2). For further information, please contact:
mutares AG
THIS PUBLICATION IS FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED, AND SHOULD NOT BE CONSTRUED, AS AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY OR SUBSCRIBE FOR ANY SHARES OR OTHER SECURITIES OF MUTARES AG, MUNICH. A PUBLIC OFFERING OF SECURITIES OF MUTARES AG IS NOT BEING, NOR WILL BE, MADE IN ANY JURISDICTION. THIS PUBLICATION AND THE INFORMATION CONTAINED HEREIN IS NOT FOR DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN. THE SECURITIES OF MUTARES AG DESCRIBED HEREIN HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE US SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR THE LAWS OF ANY U.S. STATE, AND MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES, EXCEPT PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND APPLICABLE STATE LAWS. THE COMPANY DOES NOT INTEND TO REGISTER ANY PORTION OF THE OFFERING IN THE UNITED STATES OR TO CONDUCT A PUBLIC OFFERING OF SECURITIES IN THE UNITED STATES. 2015-10-07 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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