Brief: Naga Group Resolves Capital Increase

NAGA AG

18/11/2021 17:04

Nov 18 (Reuters) - NAGA GROUP AG  N4G.DE :
    * TO INCREASE COMPANY'S SHARE CAPITAL BY UP TO EUR
4,625,489.00 BY
ISSUING UP TO 4,625,489 NEW REGISTERED NO-PAR VALUE SHARES WITH
A NOTIONAL INTEREST IN SHARE CAPITAL OF EUR 1.00 PER SHARE
AGAINST CASH CONTRIBUTIONS, MAKING PARTIAL USE OF EXISTING
AUTHORISED CAPITAL AND EXCLUDING SHAREHOLDERS' SUBSCRIPTION
RIGHTS
    * NEW SHARES ARE ENTITLED TO PARTICIPATE IN PROFITS FROM 1
JANUARY
2021
    * NEW SHARES ARE TO BE INCLUDED IN EXISTING LISTING IN SCALE
SEGMENT OF FRANKFURT STOCK EXCHANGE WITHOUT A PROSPECTU
    * A BINDING COMMITMENT OF A LEADING STRATEGIC EUROPEAN
INVESTOR
HAVE ALREADY BEEN RECEIVED FOR ISSUE VOLUME OF EUR 30 MILLION
(CORRESPONDING TO APPROX. 80 % OF SHARES OFFERED)
    * REMAINING NEW SHARES WILL BE OFFERED TO INSTITUTIONAL
INVESTORS
IN GERMANY AND OTHER EUROPEAN COUNTRIES BY WAY OF A PRIVATE
PLACEMENT

Source text for Eikon:  ID:nEQ4kQDm4a 
Further company coverage:  N4G.DE 

 (Gdansk Newsroom)
 ((Gdansk.Newsroom@thomsonreuters.com;))