Brief: Cyan Issues 888,594 New Shares At 28 Euros Each

Cyan AG

10/07/2019 07:22

July 10 (Reuters) - CYAN AG  CYR.DE :
    * SUCCESSFUL COMPLETION OF CAPITAL INCREASE
    * HAS SUCCESSFULLY PLACED 888,594 NEW SHARES FROM A CAPITAL
INCREASE
    * PLACEMENT PRICE WAS EUR 28.00 PER SHARE
    * PLACEMENT OF NEW SHARES WILL RESULT IN GROSS PROCEEDS OF
EUR
24.9 MILLION TO COMPANY
    * NEW SHARES ARE EXPECTED TO BE INCLUDED IN EXISTING LISTING
IN
OPEN MARKET (SCALE) OF FRANKFURT STOCK EXCHANGE ON JULY 11, 2019
    * FOLLOWING CAPITAL INCREASE, COMPANY'S SHARE CAPITAL
AMOUNTS TO
EUR 9,774,538.00
    * DELIVERY OF NEW SHARES IS ENVISAGED FOR JULY 12, 2019
    * WITH FUNDS FROM CAPITAL INCREASE CYAN AG WANTS TO FURTHER
PROFESSIONALIZE ORGANIZATIONAL STRUCTURE OF CYAN GROUP

Source text for Eikon:  ID:nEQ5p8vLWa 
Further company coverage:  CYR.DE 

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