<

FARNER CONSULTING AG (:EQS) EQS Group AG decides on 7.5% capital increase

Transparency directive : regulatory news

16/06/2021 08:56

DGAP-News: EQS Group AG / Key word(s): Capital Increase
EQS Group AG decides on 7.5% capital increase

16.06.2021 / 08:56
The issuer is solely responsible for the content of this announcement.


EQS Group AG decides on 7.5% capital increase
Equity as part of financing of Business Keeper GmbH acquisition


Munich - 16 June 2021

Today, the Management Board of EQS Group AG (ISIN: DE0005494165) decided with the approval of its Supervisory Board, to increase the share capital against cash contributions and by partially using the 2021 authorised capital, however without subscription rights for existing shareholders. The new equity is part of the financing of the Business Keeper GmbH acquisition. Together with the existing cash and the bank loan, the funds will be used for the payment of the first purchase price tranche of EUR 80 million.

The company plans to issue up to 590,000 new shares and will thus increase its share capital to up to EUR 8,472,251 which would be an increase by about 7.5%. These new shares should be eligible for profit participation from 01 January 2021 and will be available to institutional investors under private placements through a placement process. The Management Board will determine the placement price which should probably not be significantly below the stock price after the completion of the process.

More information:

Receive news from EQS Group AG free of charge on your mobile device: via DGAP News App directly to your AppleWatch or iPhone (http://newsapp.dgap.de/).

EQS Group is a leading international provider of regulatory technology (RegTech) in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.

EQS Group's products are pooled in the cloud-based software EQS COCKPIT. They ensure the professional control of compliance workflows in the fields of whistleblower protection and case management, policy management, insider list management and disclosure obligations. In addition, listed companies benefit from a global newswire, investor targeting and contact management, IR websites, digital reports and webcasts for efficient and secure investor communications.

EQS Group was founded in 2000 in Munich, Germany. Today the group employs over 500 professionals and has offices in the world's key financial markets.

Contact:

André Marques

CFO

Tel.: +4989-444430033

Mobile: +49175-5250009

Email.: andre.marques@eqs.com



16.06.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: EQS Group AG
Karlstr. 47
80333 Munich
Germany
Phone: +49(0)89 444 430-000
Fax: +49(0)89 444 430-049
E-mail: info@eqs.com
Internet: www.eqs.com
ISIN: DE0005494165
WKN: 549416
Indices: Scale
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Munich (m:access), Stuttgart, Tradegate Exchange
EQS News ID: 1208419

 
End of News DGAP News Service

1208419  16.06.2021 

fncls.ssp?fn=show_t_gif&application_id=1208419&application_name=news&site_id=symex


Other stories

19/04/2024 05:19
18/04/2024 22:13
19/04/2024 00:07
19/04/2024 00:25
18/04/2024 18:38
19/04/2024 01:01
18/04/2024 20:57
18/04/2024 21:19
18/04/2024 19:33
18/04/2024 23:23
18/04/2024 14:00
19/04/2024 01:15
18/04/2024 22:54
18/04/2024 22:29
18/04/2024 21:26
18/04/2024 20:36
18/04/2024 17:34
18/04/2024 06:00
17/04/2024 13:30
18/04/2024 15:24
18/04/2024 12:45
18/04/2024 22:00
18/04/2024 23:26
18/04/2024 15:48
18/04/2024 18:13
18/04/2024 20:11
19/04/2024 00:41
19/04/2024 03:30
18/04/2024 14:30
18/04/2024 19:38
18/04/2024 11:33
18/04/2024 17:58
18/04/2024 11:30
17/04/2024 09:30
18/04/2024 08:00
18/04/2024 17:22
18/04/2024 12:50
17/04/2024 15:00