PRESS RELEASE: NANOGATE AG successfully places capital increase

NANOGATE AG / Key word(s): Capital Increase

13.12.2013 13:06

Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer / publisher is solely responsible for the content of this announcement.

=--------------------------------------------------------------------------

Cash inflow of around EUR 9,4 million increases capital base - Capital increase significantly oversubscribed

Nanogate AG (ISIN DE000A0JKHC9), the leading international integrated systems provider for high-performance surfaces, is improving its financial position and strengthening its investor base. With the approval of the Management Board and the Supervisory Board, a cash capital increase was placed using authorised capital. Subscription rights were excluded. The gross proceeds of issue came to some EUR 9,4 million. The capital increase was significantly oversubscribed.

As planned, 268,448 new shares were placed with selected and qualified investors in Germany and abroad as part of the transaction. Major existing investors and the management also took part in the capital increase. The placement increased the company's share capital to EUR 2,967,195,00. The issue price for the new shares was EUR 35 per share and was therefore close to the current stock market price. Nanogate intends to use the proceeds to finance the current strong growth and the planned expansions in expertise. The capital increase was accompanied by M.M. Warburg & CO KGaA.

=--------------------------------------------------------------------------

Information and Explaination of the Issuer to this News:

Nanogate is a leading international integrated systems provider for high-performance surfaces. The Group, which is based in Gttelborn (Saarland), enables the programming and integration of additional properties - such as non-stick, scratchproof and anti-corrosive - into materials and surfaces. True to its slogan 'A world of new surfaces', Nanogate opens up the diverse possibilities of multifunctional surfaces based on new materials for companies in a wide range of industries.

More:
PRESS RELEASE: NANOGATE AG successfully places capital increase

Related Posts

Comments are closed.