20.03.2017
Gesco AG DE000A1K0201
DGAP-Adhoc: GESCO AG plans cash capital increase
DGAP-Ad-hoc: Gesco AG / Key word(s): Capital Increase/Capital Increase
GESCO AG plans cash capital increase
20-March-2017 / 17:38 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by
DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Wuppertal, 20 March 2017 - The Executive Board of GESCO AG, which is listed
in the Prime Standard, plans to conduct a cash capital increase out of the
authorised capital of up to 10 % of the share capital at the time of the
resolution of the Annual General Meeting on the authorised capital subject
to the exclusion of the shareholders' subscription rights and to place the
up to 864,499 new shares with institutional investors by means of
accelerated bookbuilding. The new shares are expected to have full dividend
rights for financial year 2016/2017, meaning from 1 April 2016. The
Executive Board and Supervisory Board of GESCO AG are expected to adopt a
resolution concerning the implementation of the cash capital increase on 21
March 2017 once investors have been contacted.
equinet Bank AG will be acting as sole lead manager and sole bookrunner for
the transaction.
The proceeds from the capital increase will be used to further strengthen
GESCO AG's equity following the acquisition of the Pickhardt & Gerlach
Group, Finnentrop, which took place in January 2017 and broaden the platform
for the further internal and external growth of the GESCO Group.
Important Information:
The information contained in this notification is not for publication or
transmission in Canada, Australia or Japan and does not constitute an offer
of the purchase of securities in these countries.
The issuing of shares and the distribution of this notification and other
information connected with the issuing in certain legal systems may be
subject to statutory restrictions and anyone finding themselves in
possession of documentation cited in this notification or other information
should be informed of and observe all such restrictions. Non-observance of
these restrictions may constitute a violation of the Securities Trading Act
of the legal system concerned.
This notification does not constitute an offer of the purchase of securities
in the United States of America. In the United Kingdom, this notification
will only be distributed to (i) professional investors categorised as such
under Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005, and (ii) companies and persons of high net
worth categorised as such under Article 49(2)(a) to (d) of the Order (such
persons are categorised as "qualified persons"). All securities referred to
herein are only available to qualified persons and order, offer or agreement
regarding the procurement, purchase or other method of acquisition of such
securities shall only be entered into with qualified persons. Persons not
categorised as qualified persons should never act in respect of or trust in
this notification or its content.
This notification does not constitute an offer of the purchase of securities
in Germany and is not classified as a sales prospectus under the Securities
Prospectus Act, the European Commission directive No. 809/2004 of 29 April
2004 or any other applicable legal provision governing the issue, offer and
sale of securities in Germany.
The information contained in this notification is not for transmission in
the United States of America or within the United States of America.
Investor Relations, Oliver Vollbrecht
Tel. +49 202 24820-18, Fax +49 202 24820-49
E-mail: [email protected], Internet: www.gesco.de
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20-March-2017 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Gesco AG
Johannisberg 7
42103 Wuppertal
Germany
Phone: +49 (0)202 248200
Fax: +49 (0)202 2482049
E-mail: [email protected]
Internet: www.gesco.de
ISIN: DE000A1K0201
WKN: A1K020
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange
End of Announcement DGAP News Service
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555891 20-March-2017 CET/CEST
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