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YOC AG — Capital/Financing Update 2014
Jan 14, 2014
497_rns_2014-01-14_3aa0ef54-704b-4726-8955-31faf9b07639.html
Capital/Financing Update
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Ad-hoc | 14 January 2014 11:20
YOC AG: YOC AG to receive EUR 1.4 million in loan financing
YOC AG / Key word(s): Strategic Company Decision
14.01.2014 11:20
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.
YOC AG (Frankfurt, Prime Standard, ISIN DE0005932735) announces it has
signed loan contracts with shareholders in the company.
Under the debt financing arrangement, the company will receive a total of
EUR 1.4 mil-lion in several instalments.
While the restructuring measures that have been initiated are aimed
primarily at bringing about significant improvement in profitability and
optimizing the product development process, the present loan financing
represents the first element in a long-term corporate financing plan. This
obviates any need for an increase in share capital in the short term.
'We thank the shareholders involved for their support as we implement our
restructuring plan,' said Dirk Kraus, CEO of YOC AG.
14.01.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: YOC AG
Karl-Liebknecht-Str. 1
10178 Berlin
Germany
Phone: +49 (0)30-72 61 62 322
Fax: +49 (0)30-72 61 62 222
E-mail: [email protected]
Internet: www.yoc.com
ISIN: DE0005932735
WKN: 593273
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart
End of Announcement DGAP News-Service