DGAP-Adhoc: The Naga Group AG resolves cash capital increase
DGAP-Ad-hoc: The NAGA Group AG / Key word(s): Capital Increase Disclosure of an inside information acc. to Article 17 MAR The Company intends to use the net issue proceeds from the capital increase mainly to finance global growth & marketing activities. The new shares are to be offered to qualified investors at a placement price of EUR 2.50 - and thus at a price corresponding to the subscription price - in a pre-placement that will be initiated immediately after this announcement. Hauck & Aufhäuser accompanies the placement as Sole Global Coordinator and Sole Bookrunner. The new shares will initially be offered for purchase in a private placement to qualified investors in Germany and other selected jurisdictions (outside the United States of America). In this context, several existing shareholders of The Naga Group AG, who together hold approx. 91 % of the Company's share capital (excluding treasury shares and those shares for which subscription rights are waived in order to achieve a round subscription ratio), have undertaken not to exercise their subscription rights with respect to a portion of their shares held. In addition, allocations are subject to a claw-back clause to the extent to which subscription rights of additional existing shareholders are exercised. The New Shares subscribed for in the pre-placement, for which the subscription rights will not be exercised, are expected to be delivered on 2 July 2020. The new shares subscribed under the subscription offer and the shares subscribed under the pre-placement, which were subject to a claw-back clause and will later be finally allotted, are expected to be delivered on 24 July 2020. The new shares are to be admitted to trading on the open market (segment Scale) of the Frankfurt Stock Exchange without a prospectus. The admission of the new shares is expected to take place on 24 July 2020. Disclaimer Contact:
29-Jun-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | The NAGA Group AG |
Hohe Bleichen 12 | |
20354 Hamburg | |
Germany | |
E-mail: | [email protected] |
Internet: | www.naga.com |
ISIN: | DE000A161NR7 |
WKN: | A161NR |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1081275 |
End of Announcement | DGAP News Service |
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1081275 29-Jun-2020 CET/CEST