Brief: Quirin Privatbank Further Growth Financing Of Subsidiary Quirion AG

Quirin Privatbank AG

17/02/2022 10:15

Feb 17 (Reuters) - QUIRIN PRIVATBANK AG  QB7G.DE :
    * FURTHER GROWTH FINANCING OF THE SUBSIDIARY QUIRION AG
    * QUIRION AG HAS AGREED WITH THE INVESTORS ON TWO FURTHER
CAPITAL
MEASURES (TRANCHES), SO THAT THE COMPANY IS EXPECTED TO RECEIVE
A TOTAL OF €30 MILLION IN 2022
    * FUNDS TO BE USED TO REFINANCE THE FURTHER GROWTH OF THE
COMPANY
    * AS PART OF THE CAPITAL INCREASE AND BASED ON EUR 200
MILLION
VALUATION (BEFORE CAPITAL INFLOW), QUIRIN WILL RECEIVE EUR 10
MILLION
    * DECIDED TO INCREASE SHARE CAPITAL FROM THE CURRENT EUR
626,485.00 BY EUR 31,324.00 TO EUR 657,806.00

Source text for Eikon:  ID:nEQ2tmHvva 
Further company coverage:  QB7G.DE 

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