Successful completion of the capital increase – gross proceeds of EUR 3,386,193.60
NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, WITHIN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN, OR WITHIN OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION OR DISTRIBUTION WOULD BE PROHIBITED.
Munich, October 21, 2020: windeln.de SE ("windeln.de" or "Company") has successfully completed the placement of the new shares from the capital increase resolved by the Executive Board on September 25, 2020 with the approval of the Supervisory Board. The placement of 2,821,828 new no-par value bearer shares with a pro rata amount of the share capital of EUR 1.00 each and entitlement to profit from 1 January 2020 ("New Shares") generated gross proceeds of EUR 3,386,193.60 based on the fixed subscription price of EUR 1.20 per New Share.
During the subscription period, 380,525 new shares were purchased by the Company's existing shareholders via subscription rights with a subscription ratio of 2:1 and via the additional subscription right voluntarily granted by the Company. 2,441,303 new shares were placed with selected investors as part of a private placement.
The New Shares with ISIN DE000WNDL128 / WKN WNDL12 are expected to be delivered to shareholders with a value from 29 October 2020 as shares not admitted to trading on the regulated market. They are initially to be included in the over-the-counter market of a German stock exchange before they are to be admitted to trading on the regulated market of the Frankfurt Stock Exchange (Prime Standard) within one year of issuance on the basis of a securities prospectus to be drawn up.
Quirin Privatbank AG accompanied the capital increase as the issuing bank and offered the publicly offered New Shares to the shareholders in accordance with the subscription offer.
This announcement is not intended for publication or distribution, directly or indirectly, within or into the United States of America (the "United States"). This announcement does not constitute an offer of securities for sale in the United States. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent an exemption from the registration requirements of the Securities Act. There is no public offering of securities in the United States.