Announcement published 22.7.2020 (5.57 p.m.)
ABO Wind AG: Managing Board decides to increase capital up to nominally EUR 200,000
Today, the ABO Wind Managing Board has decided on a capital increase of up to nominally EUR 200,000 to up to EUR 8,670,893 by issuing up to 200,000 new shares from the company's Authorized Capital 2019. The decision is subject to approval by the Supervisory Board. The new shares are to be offered in a private placement, without subscription rights for shareholders, to investors selected at short notice at a price of EUR 20.40 per new share. The new shares are entitled to dividends from the current 2020 financial year. The expected issue proceeds of up to approximately four million euros will be used to pre-finance the development costs of future wind farms and solar parks in currently 16 countries worldwide.
At the end of March 2020, the Munich Stock Exchange admitted the ABO Wind share to trading on the open market. ABO Wind is now listed in the medium-sized segment m:access. Accordingly, ABO Wind is now obligated to publish ad-hoc announcements in accordance with the rules of the European Market Abuse Regulation (MAR). An ad-hoc announcement contains facts which are intended for immediate publication and which are likely to have a significant impact on the share price.
All published ad hoc reports are available on this website for the duration of at least five years.
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