Brief: ABO Wind To Increase Capital Up To Nominally EUR 200,000

ABO Energy GmbH & Co KgaA

22/07/2020 16:58

July 22 (Reuters) - ABO WIND AG  AB9.H :
    * MANAGING BOARD DECIDES TO INCREASE CAPITAL UP TO NOMINALLY
EUR
200,000
    * UP TO EUR 8,670,893 BY ISSUING UP TO 200,000 NEW SHARES
FROM
COMPANY'S AUTHORIZED CAPITAL 2019
    * 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
    * NEW SHARES ARE ENTITLED TO DIVIDENDS FROM CURRENT 2020
FINANCIAL
YEAR
    * EXPECTED ISSUE PROCEEDS OF UP TO APPROXIMATELY FOUR
MILLION
EUROS WILL BE USED TO PRE-FINANCE DEVELOPMENT COSTS OF FUTURE
WIND FARMS AND SOLAR PARKS IN CURRENTLY 16 COUNTRIES WORLDWIDE

Source text for Eikon:  ID:nEQ457LTJa 
Further company coverage:  AB9.H 

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