12.03.2018
Medios AG DE000A1MMCC8
DGAP-Adhoc: Medios AG plans capital increase in kind for the expansion of a business segment and announces annual forecast for 2018
DGAP-Ad-hoc: Medios AG / Key word(s): Capital Increase/Forecast
Medios AG plans capital increase in kind for the expansion of a business
segment and announces annual forecast for 2018
12-March-2018 / 11:14 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Medios AG plans capital increase in kind for the expansion of a business
segment and announces annual forecast for 2018
* Planned growth of the patient-specific preparations segment through the
expansion of the manufacturing facilities for non-cytostatic products
* Intended takeover of substantial operating units of BerlinApotheke
Schneider & Oleski oHG
* Significant increase in sales and earnings expected for 2018 financial
year
Berlin, 12 March 2018 - Medios AG ('Company') is planning to grow its
patient-specific preparations segment through the expansion of the
manufacturing facilities for non-cytostatic products. For this purpose, the
company intends to take over substantial operating units of BerlinApotheke
Schneider & Oleski oHG ('BerlinApotheke'). The acquisition will be carried
out without the expenditure of cash by means of a capital increase in kind
in exchange for new shares issued to the contributing party, Mr Manfred
Schneider, CEO of Medios AG and co-owner of BerlinApotheke.
A total of 900,000 new shares are to be issued in exchange for the
contribution of the operating units. The value of the operating units that
form the basis for this was confirmed to the Company by an auditor that it
mandated and, in addition, must still be confirmed by a court-appointed
auditor of contributions in kind.
In the short term, the Management Board intends to conclude a contract for
the contribution of the operating units and, with the approval of the
Supervisory Board by using the existing authorised capital 2017/I, to
increase the Company's share capital excluding shareholders' subscription
rights by 900,000.00 euros from 13,664,019.00 euros to 14,564,019.00 euros
through the issuance of 900,000 new bearer shares at an issue price of 1.00
euro each, and to allow Mr Schneider to subscribe to the new bearer shares.
The new shares shall be introduced to trading on the regulated market of the
Frankfurt Stock Exchange (General Standard).
The required approval of the Supervisory Board and the relevant authorities
is expected over the coming weeks. The Management Board of Medios AG expects
the acquired operating units to begin production in June 2018 and, in
consideration of these developments, forecasts Group sales of around 320
million euros (IFRS) and Group earnings before taxes (EBT*) totalling around
11 million euros (IFRS) for the 2018 financial year. This represents growth
of 26 per cent and 37 per cent respectively compared to the preliminary
figures already published for the 2017 financial year totalling 253.0
million euros (IFRS) and 8.0 million euros (IFRS) respectively.
Planned EBT for the 2018 financial year do not include the non-cash special
effect from the share option plan (SOP), which was introduced based on the
decision made by the 2017 annual general meeting and which serves the
participation and incentivisation of executives. According to preliminary
calculations, the special effect results in extraordinary expenses of some
1.25 million euros and is therefore approximately at the same level of the
non-cash special effect from the SOP in the 2017 financial year.
Matthias Gärtner, CFO Medios AG
* EBT is defined as net earnings before income taxes.
Contact
Medios AG, Friedrichstraße 113a, 10117 Berlin
Phone: +49 30 232 5668 0; Fax: +49 30 232 5668 01
E-Mail: [email protected]; www.medios.ag
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Information and Explanation of the Issuer to this News:
About Medios AG
Medios AG is one of the leading Specialty Pharma companies in Germany. As
wholesaler for Specialty Pharma drugs and GMP-certified manufacturer of
patient-specific medications, Medios covers substantial elements of the
supply chain in this field and follows the highest international quality
standards. Specialty Pharma drugs are, in particular, individualised
infusions for patients with rare or chronic diseases like cancer, HIV and
hepatitis. It is Medios' aim to provide integrated solutions along the value
chain to partners and clients, thereby ensuring an optimal pharmaceutical
care for patients.
Medios AG is Germany's first listed Specialty Pharma company. The share
(WKN: A1MMCC, ISIN: DE000A1MMCC8) is listed in the Regulated Market of the
Frankfurt Stock Exchange (General Standard) and Hamburg-Hannover Stock
Exchange.
Disclaimer
This release is a mandatory announcement pursuant to Art. 17 of the Market
Abuse Regulation (MAR). The assessments contained therein are, as always,
subject to the disclaimer provided below.
Cautionary note regarding forward-looking statements/No duty to update
This notification contains forward-looking statements that are subject to
certain risks and uncertainties. Future results may significantly deviate
from currently expected results, specifically due to various risk factors
and uncertainties such as changes in business, economic, and competitive
circumstances, exchange rate fluctuations, uncertainties about legal
disputes or investigations, and the availability of financial resources.
Medios AG assumes no responsibility whatsoever for updating the
forward-looking statements contained in this notification.
Other
This publication constitutes neither an offer to sell nor an invitation to
buy securities. It may not be published, distributed or transmitted,
directly or indirectly, in the United States of America (including its
territories and possessions), Canada, Japan or Australia or any other
jurisdiction where such an announcement could be unlawful. This announcement
does not constitute a recommendation concerning the purchase or sale of
securities described in this announcement.
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12-March-2018 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: Medios AG
Friedrichstraße 113a
10117 Berlin
Germany
Phone: +49 30 232 566 - 800
Fax: 030 / 8321 8377
E-mail: [email protected]
Internet: www.medios.ag
ISIN: DE000A1MMCC8
WKN: A1MMCC
Listed: Regulated Market in Frankfurt (General Standard), Hamburg;
Regulated Unofficial Market in Dusseldorf
End of Announcement DGAP News Service
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662575 12-March-2018 CET/CEST
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