ENCAVIS AG

Share Issue/Capital Change • Apr 20, 2016

News Details

Ad-hoc | 20 April 2016 18:24

Capital Stage AG resolves on a capital increase to finance growth

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

20.04.2016 18:24

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

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The Management Board of Capital Stage AG (ISIN DE00006095003 / WKN 609500)
today, April 20, 2016, resolved based on an authorisation resolution by the
general meeting of June 26, 2014, and with the approval of the Supervisory
Board, to increase the company's registered share capital by up to 9.6%
against cash contribution.

By making partial use of the Authorised Capital 2014, the company's share
capital shall be increased from currently EUR 75,483,512.00 to up to EUR
82,727,452.00. Accordingly, up to 7,243,940 new bearer shares with no par
value each representing EUR 1.00 of the share capital shall be issued. The
new shares will be entitled to full dividend rights as of January 1, 2015.
Existing shareholders' subscription rights will be excluded.

The new shares will be offered in a private placement to institutional
investors as well as other domestic and international investors under the
directives of the applicable rules for private placements in an accelerated
bookbuilding process. Major shareholders of the company which are also
represented on the Supervisory Board as well as the members of the
Management Board have already expressed their intention to subscribe new
shares in the context of the accelerated bookbuilding.

The private placement will commence on April 20, 2016, and end on April
21, 2016, at the latest. With the approval of the Supervisory Board, the
Management Board will determine the placement price at which the new shares
will be offered within a separate resolution. The placement price will
probably be publicly announced on April 21, 2016. It will not be materially
lower than the current stock market price of the Capital Stage AG share.

Capital Stage intends to use the proceeds from the capital increase to
continue the course of growth via new acquisitions at project level and to
maintain a solid balance sheet structure.

Bankhaus Lampe will act as Sole Global Coordinator and Sole Bookrunner in
the transaction.

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

This document is neither an offer to sell nor a solicitation 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.

About Capital Stage AG:
Since 2009, Capital Stage has acquired solar power plants and wind parks in
Germany, France, Italy and the UK with a total generation capacity of more
than 570 MW. As such, Capital Stage today is Germany's largest independent
operator of solar parks and already has a generating capacity that is
equivalent to more than half the output of a nuclear power plant. Capital
Stage today also is Germany's largest independent operator of solar parks.
The high quality of the existing portfolio in combination with an excellent
O&M management generate attractive returns and stable revenues for Capital
Stage, while offering only a moderate level of investment risk.

Capital Stage AG is listed in the regulated market (Prime Standard) of the
Frankfurt Stock Exchange and in the regulated market of the Hanseatic Stock
Exchange Hamburg (ISIN: DE0006095003 / WKN: 609500). The shares of Capital
Stage AG have been listed in the Deutsche Börse Frankfurt a. M. selective
index SDAX since March 2014.

For more information, visit www.capitalstage.com

Contact:
Capital Stage AG
Till Gießmann
Head of Investor & Public Relations
Fon.: + 49 (0)40 37 85 62-242
Fax: + 49 (0)40 37 85 62-129
e-mail: till.giessmann@capitalstage.com

20.04.2016 The DGAP 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 59
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
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg;
Regulated Unofficial Market in Berlin, Dusseldorf, Munich,
Stuttgart

End of Announcement DGAP News-Service

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