Mountain Alliance AG

Share Issue/Capital Change • Apr 28, 2020

News Details

Ad-hoc | 28 April 2020 15:48

Mountain Alliance AG places cash capital increase using authorized capital for financing further growth

Mountain Alliance AG / Key word(s): Capital Increase

Mountain Alliance AG places cash capital increase using authorized capital for financing further growth

28-Apr-2020 / 15:48 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

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Mountain Alliance AG places cash capital increase using authorized capital for financing further growth

With the approval of the Supervisory Board of Mountain Alliance AG (MA), the company’s Management Board decided on 27 April 2020 to increase the company’s share capital from EUR 6,281,012 to EUR 6,885,584. By using a part of the existing authorized capital and und exclusion of shareholder subscription rights, the company issued 604,572 new shares against cash contributions (equivalent to 9.6 per cent of Mountain Alliance AG’s previous share capital). The new shares were fully subscribed by HLEE Finance S.à r.l. as part of a private placement. The issue price is EUR 5.00 per share, which is above the average closing price of shares in the company over the last 30 trading days, as well as above the last closing price of shares in the company.

The transaction’s proceeds of ca. EUR 3.0m are to be used to drive Mountain Alliance AG’s further growth. As of 1 January 2020, the new shares will be entitled to profits. After MA’s 2020 annual general meeting, they will be included in the existing listing of shares in the “m:access” SME-segment of the Munich Stock Exchange.

Contact:

Mountain Alliance AG

Manfred Danner

Member of the Management Board

Bavariaring 17

80336 Munich

phone: +49 89 2314141 00

fax: +49 89 2314141 11

e-mail: danner@mountain-alliance.de

www.mountain-alliance.de

CROSS ALLIANCE communication GmbH

Susan Hoffmeister

Investor Relations

Bahnhofstr. 98

82166 Graefelfing/Munich

phone: +49 89 1250903-30

e-mail: sh@crossalliance.de

www.crossalliance.de

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28-Apr-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

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Language:	English
Company:	Mountain Alliance AG
	Bavariaring 17
	80336 München
	Germany
Phone:	+49 89 231 41 41 00
Fax:	+49 89 231 41 41 11
E-mail:	danner@mountain-alliance.de
Internet:	www.mountain-alliance.de
ISIN:	DE000A12UK08
WKN:	A12UK0
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Munich (m:access), Stuttgart, Tradegate Exchange
EQS News ID:	1031921

End of Announcement	DGAP News Service