PRESS RELEASE: Nanogate AG: capital increase agreed
NANOGATE AG / Key word(s): Capital Increase/Capital Increase
12.12.2013 18:35
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PRESS RELEASE
Nanogate AG: capital increase agreed
Gttelborn, Germany, 12 December 2013. Nanogate AG (ISIN DE000A0JKHC9), the leading international integrated systems provider for high-performance surfaces, has decided to increase the company's share capital using authorised capital. Subscription rights are to be excluded. The funds will serve to finance growth and Nanogate's planned expansion in expertise.
With the approval of the Supervisory Board, the Management Board of Nanogate AG has today decided to increase the company's share capital from the current EUR 2,698,747.00 by up to EUR 268,448 to up to EUR 2,967,195.00 by issuing up to 268,448 new no-par-value bearer shares via partial utilisation of the existing authorised capital against contribution in cash. The subscription rights of existing shareholders are to be excluded. The new shares are to be privately placed with selected, qualified and long-term institutional investors in Germany and abroad at an issue price of EUR 35.00. The company intends to use the cash inflow to finance its further growth and expansion in expertise. The capital increase is being accompanied by M.M. Warburg & CO KGaA.
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PRESS RELEASE: Nanogate AG: capital increase agreed