ABO Wind AG

Share Issue/Capital Change • Jul 22, 2020

News Details

Ad-hoc | 22 July 2020 17:57

ABO Wind AG: Managing Board decides to increase capital up to nominally EUR 200,000

ABO Wind AG / Key word(s): Capital Increase

ABO Wind AG: Managing Board decides to increase capital up to nominally EUR 200,000

22-Jul-2020 / 17:57 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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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.

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