21.03.2017
Gesco AG DE000A1K0201
DGAP-Adhoc: Gesco AG successfully places capital increase with investors
DGAP-Ad-hoc: Gesco AG / Key word(s): Capital Increase/Capital Increase
Gesco AG successfully places capital increase with investors
21-March-2017 / 09:38 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, 21 March 2017 - By way of accelerated bookbuilding, GESCO AG, a
company listed in the Prime Standard, successfully placed a total of 864,499
new GESCO shares with German and international institutional investors.
Demand exceeded supply several times. The shares were placed at a price of
EUR 23.50 per share. The issue volume amounts to approximately EUR 20
million. Frankfurt-based investment bank equinet acted as sole lead manager
and sole bookrunner for the transaction.
With the approval of the Supervisory Board, the Executive Board of GESCO AG
today resolved to conduct a capital increase by issuing 864,499 new shares.
The new shares will have full dividend rights for financial year 2016/2017,
meaning from 1 April 2016. Shareholders' subscription rights were excluded.
Entry of the capital increase in the commercial register at Wuppertal
district court as well as the admission of the new shares to trading will be
initiated immediately.
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 was finalized 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The information contained in this notification is not for publication or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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21-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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556097 21-March-2017 CET/CEST
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