Brief: Bauer Proposes Capital Increase

Bauer AG

17/02/2021 08:51

Feb 17 (Reuters) - BAUER AG  B5AG.DE :
    * BAUER AG PROPOSES CAPITAL INCREASE AND CONVENES AN
EXTRAORDINARY
GENERAL MEETING
    * IS TO BE INCREASED FROM ITS CURRENT VALUE OF EUR
80,301,417.61,
DIVIDED INTO 18,844,066 NO-NOMINAL-VALUE SHARES
    * SHARE CAPITAL TO BE INCREASED BY UP TO EUR 30,885,149.15
AGAINST
UNIFORM MIXED CASH AND/OR NON-CASH CAPITAL INCREASE BY ISSUE OF
UP TO 7,247,715 NEW NO-NOMINAL-VALUE SHARES IN FORM OF ORDINARY
SHARES (WITH VOTING RIGHTS)
    * BOTH BAUER FAMILY (WHICH CURRENTLY HOLDS 43.81% OF SHARES
AND
VOTING RIGHTS JOINTLY) AND DOBLINGER BETEILIGUNG GMBH (WHICH
CURRENTLY HOLDS 19.84% OF SHARES AND VOTING RIGHTS) HAVE
EXPRESSED THEIR INTEREST IN PARTICIPATING IN CAPITAL INCREASE TO
A SIGNIFICANT EXTENT
    * WOULD LIKE TO REINFORCE ITS EQUITY BASIS AND FURTHER
IMPROVE
BALANCE SHEET RATIOS.

Source text for Eikon:  ID:nEQ6HSqr0a 
Further company coverage:  B5AG.DE 

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