Munich, February 6, 2020: windeln.de SE ("windeln.de" or "Company") announces that in the subscription period for the capital increase from January 23, 2020 to February 5, 2020, the shareholders of the Company have received a total of 980,081 New Shares on the basis of their subscription rights and the additional subscription right as of the current status. This corresponds to an exercise rate of 39.2% of the New Shares offered for subscription. In total, up to 2,501,093 new shares were offered to the company's shareholders as part of a prospectus-free subscription offer by way of indirect subscription rights at a subscription ratio of 1:1.73. In addition, existing shareholders were granted additional subscription rights for the subscription shares.
Dr. Nikolaus Weinberger, CFO, comments: "We see it as a positive signal that our shareholders have exercised a large proportion of their subscription rights."
The unsubscribed New Shares and 2,670,051 New Shares, for which the subscription rights were assigned in advance by shareholders, will be placed within the next few days by the issuing bank Quirin Privatbank AG as part of a private placement to selected institutional investors at a price of EUR 1.20 per New Share. The Company will announce the final number of New Shares to be issued as part of the capital increase upon completion of the Private Placement.
For the time being, the New Shares will not be admitted to trading on the regulated market (Prime Standard). These are expected to be included in the over-the-counter market of a German stock exchange and admitted to trading on the regulated market of the Frankfurt Stock Exchange in the further course of 2020 on the basis of a securities prospectus that has yet to be drawn up.