ENCAVIS AG

Share Issue/Capital Change • Feb 27, 2014

News Details

Ad-hoc | 27 February 2014 18:18

Capital Stage resolves on capital increase for acquisition of 40MW solar park portfolio at short notice

Capital Stage AG / Key word(s): Capital Increase

27.02.2014 18:18

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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The information contained in this document is not for publication or
distribution in the United States, Australia, Canada or Japan.

Hamburg, 27 February 2014 - With the approval of the Supervisory Board, the
Management Board of Capital Stage AG today resolved on increasing the
company's share capital of 67,741,248.00 euros by up to 4,698,158.00 euros
to up to 72,439,406.00 euros by issuing up to 4,698,158 new non-par value
bearer shares against cash contribution from the authorised capital under
exclusion of the subscription right of shareholders. The new shares will be
offered by way of an accelerated bookbuilding to institutional investors in
the context of a private placement. The private placement is going to begin
on 27 February 2014 and ends on 28 February 2014 at the latest. The issue
price is expected to be set and published on 28 February 2014. On 3 March
2014, the new shares are expected to be admitted to trading without a
prospectus on the regulated market (Prime Standard) of Frankfurt Stock
Exchange as well as on the regulated market of Hamburg Stock Exchange. The
existing major shareholders have declared to the company their willingness
to subscribe for the new shares in the context of the accelerated
bookbuilding.

The capital increase is an element of the funding of the intended
acquisition of a solar park portfolio with a total capacity of 40 MW. With
a total volume of more than 140 million euros, including the takeover of
debt financing of the SPV (special purpose vehicle), this acquisition
represents the largest single investment in the history of Capital Stage
AG. Based on the development of the energy production portfolio, which
increases to 281 MW taking into account this transaction, the company will
publish a forecast for expected sales and earnings in fiscal year 2014 at
short notice.

Disclaimer
This document is neither an offer for selling nor an invitation to buy
securities.
This document is not an offer of securities for sale in the United States
of America. Securities may not be offered or sold in the United States of
America absent registration or an exemption from registration under the
U.S. Securities Act of 1933, as amended. The shares in Capital Stage AG
have not been and will not be registered under the U.S. Securities Act of
1933, as amended, and are not being and will not be offered or sold in the
United States of America.

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Information and Explaination of the Issuer to this News:

About Capital Stage AG:
Since 2009, Capital Stage has acquired solar power plants and wind parks in
Germany, France and Italy with a capacity totaling to around 241 MWp,
making it Germany's largest operator of solar parks. Its solar and wind
parks generate attractive returns and continuous revenues, while offering a
moderate level of investment risk.
Capital Stage AG is listed in the regulated market (Prime Standard) of the
Frankfurt Stock Exchange an in the regulated market of the Hanseatic Stock
Exchange Hamburg (ISIN: DE0006095003 / WKN: 609500).

For further information about the company, please visit
www.capitalstage.com

Contacts:

Thomas Schnorrenberg
Capital Stage AG
Tel.: + 49 (0)40 37 85 62-242
Fax: + 49 (0)40 37 85 62-129
E-Mail: thomas.schnorrenberg@capitalstage.com

Sebastian Bucher
Kirchhoff Consult AG
Tel.: + 49 (0)40 60 91 86-18
Fax: + 49 (0)40 60 91 86-60
E-Mail: sebastian.bucher@kirchhoff.de

27.02.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: Capital Stage AG
Große Elbstraße 45
22767 Hamburg
Germany
Phone: +49 4037 85 62 -0
Fax: +49 4037 85 62 -129
E-mail: info@capitalstage.com
Internet: www.capitalstage.com
ISIN: DE0006095003
WKN: 609500
Listed: Regulierter Markt in Frankfurt (Prime Standard), Hamburg;
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart

End of Announcement DGAP News-Service

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