Brief: Medios Resolves On Capital Increase Against Cash Contributions Of Up To 10% Of Share Capital

Medios AG

02/12/2021 16:43

Dec 2 (Reuters) - MEDIOS AG  ILM1k.DE :
    * MEDIOS AG RESOLVES ON CAPITAL INCREASE AGAINST CASH
CONTRIBUTIONS OF UP TO 10% OF THE SHARE CAPITAL
    * CAPITAL INCREASE WILL MAKE PARTIAL USE OF AUTHORIZED
CAPITAL
2021
    * COMPANY'S SHARE CAPITAL, CURRENTLY EUR 20,264,991.00, IS
EXPECTED TO INCREASE BY UP TO 10% THROUGH ISSUANCE OF UP TO
2,026,499 NEW NO-PAR VALUE BEARER SHARES ("CAPITAL INCREASE
SHARES")
    * STATUTORY SUBSCRIPTION RIGHTS OF SHAREHOLDERS HAVE BEEN
EXCLUDED
    * CAPITAL INCREASE SHARES WILL CARRY SAME RIGHTS AS EXISTING
SHARES WITH ISIN DE000A1MMCC8 AND WILL BE ADMITTED TO TRADING ON
REGULATED MARKET OF FRANKFURT STOCK EXCHANGE
    * WITHOUT A PROSPECTUS, WITH SIMULTANEOUS ADMISSION TO
SUB-SEGMENT
OF REGULATED MARKET WITH ADDITIONAL POST-ADMISSION OBLIGATIONS
(PRIME STANDARD)
    * COMPANY WILL USE EXPECTED NET PROCEEDS FROM CAPITAL
INCREASE TO
FINANCE CASH COMPONENT OF ITS ACQUISITION OF NEWCO PHARMA GROUP
    * COMPANY HAS AGREED TO A LOCK-UP PERIOD OF 180 DAYS, WITH
CUSTOMARY MARKET EXCEPTIONS
    * COMPANY IS DETERMINED TO INCREASE FREE FLOAT CONTINUOUSLY
IN
ORDER TO ENSURE A RE-INCLUSION IN SDAX AT EARLIEST POSSIBLE DATE
    * IN EVENT OF SIGNIFICANT DEMAND, UP TO 590,000 ADDITIONAL
NEW
SHARES CAN BE PLACED UNDER AN UPSIZE OPTION ( "OPTION SHARES",
CAPITAL INCREASE SHARES AND OPTION SHARES COLLECTIVELY "NEW
SHARES")
    * FIRST TRADING DAY OF NEW SHARES IS EXPECTED TO BE DECEMBER
8,
2021
    * MEDIOS AG - DELIVERY OF NEW SHARES IS ALSO EXPECTED FOR
DECEMBER
8, 2021
    * MEDIOS AG - PRIVATE PLACEMENT WILL COMMENCE IMMEDIATELY
FOLLOWING PUBLICATION OF THIS ANNOUNCEMENT
    * MEDIOS AG - ORDER BOOK IS EXPECTED TO CLOSE ON DECEMBER 3,
2021
PRIOR TO START OF TRADING, ALTHOUGH COMPANY RESERVES RIGHT TO
CLOSE ORDER BOOK AT ANY TIME EARLIER

Source text for Eikon:  ID:nEQ8DKMJca 
Further company coverage:  ILM1k.DE 

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