Brief: Cyan AG To Carry Out Capital Increase

Cyan AG

15/11/2021 15:22

Nov 15 (Reuters) - CYAN AG  CYR.DE :
    * RESOLUTION TO CARRY OUT A CAPITAL INCREASE
    * EXECUTIVE BOARD OF CYAN AG TODAY RESOLVED, WITH CONSENT OF
SUPERVISORY BOARD, TO EXERCISE PART OF EXISTING AUTHORIZED
CAPITAL TO INCREASE COMPANY'S SHARE CAPITAL IN AMOUNT OF EUR
12,408,431.00 BY UP TO EUR 977,453.00 TO UP TO EUR 13,385,884.00
BY ISSUING UP TO 977,453 NEW NO-PAR VALUE BEARER SHARES WITH A
NOMINAL VALUE OF EUR 1.00 ( "NEW SHARES") AGAINST CASH
CONTRIBUTIONS
    * NEW SHARES WILL BE ISSUED AT AN ISSUE PRICE OF EUR 1.00
PER
SHARE AND AT A PLACEMENT PRICE OF EUR 4.15 PER SHARE
    * NEW SHARES SHALL CARRY FULL DIVIDEND RIGHTS FROM JANUARY
1,
2021. SHAREHOLDERS' SUBSCRIPTION RIGHTS ARE EXCLUDED PURSUANT TO
SEC. 4 (3) SENTENCE 4 ALT. 2 OF ARTICLES OF ASSOCIATION OF
COMPANY

Source text for Eikon:  ID:nEQ7cdwMa 
Further company coverage:  CYR.DE 

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