Brief: Exasol Launches Cash Capital Increase
02/12/2020 16:48
Dec 2 (Reuters) - EXASOL AG EXLn.DE :
* LAUNCHES CASH CAPITAL INCREASE TARGETING GROSS PROCEEDS OF
APPROXIMATELY EUR 40 MILLION
* SHARE CAPITAL TO BE INCREASED BY ISSUING NEW ORDINARY
REGISTERED
SHARES WITH NO-PAR VALUE, EACH WITH NOTIONAL VALUE OF EUR 1.00
* CORRESPONDING TO ABOUIT 10%OF CURRENT SHARE CAPITAL,
AGAINST
CASH CONTRIBUTIONS
* NEW SHARES TO BE OFFERED FOR PURCHASE EXCLUSIVELY TO
INSTITUTIONAL AND QUALIFIED INVESTORS IN PRIVATE PLACEMENT BY
WAY OF AN ACCELERATED BOOKBUILDING
* TO BE LAUNCHED IMMEDIATELY FOLLOWING THIS ANNOUNCEMENT
* INCLUSION IN TRADING AND DELIVERY OF NEW SHARES IS
EXPECTED TO
TAKE PLACE ON OR AROUND 8 DECEMBER 2020
* CONNECTION WITH CAPITAL INCREASE, COMPANY HAS AGREED TO A
LOCK-UP PERIOD OF 6 MONTHS WITH CUSTOMARY EXCEPTIONS
Source text for Eikon: ID:nEQv4jHXa
Further company coverage: EXLn.DE
(Gdansk Newsroom)
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