Brief: Sporttotal Resolves Capital Increase From Authorized Capital

SPORTTOTAL AG

07/07/2020 10:23

July 7 (Reuters) - SPORTTOTAL AG  WIGGk.DE :
    * RESOLVES CAPITAL INCREASE FROM AUTHORIZED CAPITAL
    * TO INCREASE COMPANY'S SHARE CAPITAL FROM EUR
28,747,448.00,
DIVIDED INTO 28,747,448 ORDINARY BEARER SHARES
    * BY UP TO EUR 6,324,439.00 TO UP TO EUR 35,071,887.00 BY
ISSUING
UP TO 6,324,439 NEW ORDINARY BEARER SHARES WITH NO PAR VALUE
    * EACH WITH A NOTIONAL VALUE OF EUR 1.00 OF SHARE CAPITAL
AND WITH
DIVIDEND RIGHTS FROM 1 JANUARY 2019
    * NEW SHARES WILL BE OFFERED TO SHAREHOLDERS BY WAY OF AN
INDIRECT
SUBSCRIPTION RIGHT AT A SUBSCRIPTION RATIO OF 1:0.22 WITHIN A
PROSPECTUS-FREE SUBSCRIPTION OFFER
    * EXISTING SHARE ENTITLES SHAREHOLDER TO SUBSCRIBE FOR 0.22
NEW
SHARES
    * SUBSCRIPTION OFFER IS EXPECTED TO BE PUBLISHED IN GERMAN
FEDERAL
GAZETTE ON 8 JULY 2020
    * SUBSCRIPTION PERIOD IS EXPECTED TO BEGIN ON 8 JULY 2020
AND END
ON 22 JULY 2020
    * MAXIMUM GROSS PROCEEDS FROM CAPITAL INCREASE WILL
THEREFORE
AMOUNT TO EUR 6,956,883.00

Source text for Eikon:  ID:nEQ5Ps4TSa 
Further company coverage:  WIGGk.DE 

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