24.07.2018
YOC AG DE0005932735
DGAP-News: YOC AG: YOC issues 2018/2022 convertible bond with a total nominal value of approx. EUR 1.6 million
DGAP-News: YOC AG / Key word(s): Bond/Financing
YOC AG: YOC issues 2018/2022 convertible bond with a total nominal value of
approx. EUR 1.6 million
24.07.2018 / 11:28
The issuer is solely responsible for the content of this announcement.
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YOC issues 2018/2022 convertible bond with a total nominal value of approx.
EUR 1.6 million
NOT FOR DISTRIBUTION, PUBLICATION OR DISCLOSURE IN OR WITHIN THE UNITED
STATES, AUSTRALIA, JAPAN OR CANADA OR ANY OTHER JURISDICTION IN WHICH SUCH
PUBLICATION MAY BE UNLAWFUL. PLEASE READ THE IMPORTANT NOTES AT THE END OF
THIS ANNOUNCEMENT.
Berlin, July 24, 2018 - YOC AG ("YOC" or "Company") announces the issuance
of the 2018/2022 convertible bond. As part of the subscription offer and in
the subsequent private placement, convertible bonds with a total nominal
value of approximately EUR 1.6 million were placed, of which EUR 1.5 million
were taken over by the institutional investor Alto Invest S.A. under the
agreement already announced.
The convertible bonds are convertible into 193,825 ordinary shares of YOC
AG. This corresponds to approximately 5.89% of the company's share capital.
The conversion price of EUR 8.00 corresponds to a conversion premium of
approx. 51% on the closing price of the YOC share (XETRA) at the end of the
subscription period on July 23, 2018.
Dirk Kraus, founder and CEO of YOC AG: "We intend to invest the net proceeds
primarily in the further development of the proprietary platforms VIS.X and
YOC HUB and for further internationalization."
The transaction was accompanied by M.M. Warburg & CO.
About YOC
YOC is a mobile-first ad technology company, aiming to deliver the best
digital branding advertising and therefore driving superior value for
advertisers, publishers, and users. With VIS.X, our next-generation
programmatic advertising platform, YOC combines efficient media trading with
high impact ad formats and enables advertisers to create improved awareness
for their brands with brand-safe inventory. Renowned, premium publishers are
integrated with the platform providing global reach at scale. With our
proprietary technology stack and a long-standing expertise, YOC is known for
delivering excellent and continuous high-quality service and fast execution.
YOC was founded in 2001 and is listed in the Prime Standard at the Deutsche
Börse Stock Exchange and operates offices in Berlin, Dusseldorf, London,
Madrid, Vienna, Warsaw, and Amsterdam. For more information visit yoc.com.
Contact
YOC AG
Investor Relations
Greifswalder Str. 212
10405 Berlin
Germany
T +49-30-726162-0
[email protected]
www.yoc.com
IMPORTANT NOTES:
This announcement is for information purposes only and does not constitute
an offer document or prospectus under Directive 2003/71/EC (the "Prospectus
Directive"). Furthermore, this announcement does not constitute an offer or
an invitation to purchase or subscribe for securities or a solicitation of
an offer or part of such offer or solicitation, nor shall it (or any part of
it) or the fact of its distribution constitute the basis of or be relied
upon in connection with any contract relating thereto.
The convertible bond is to be offered in Germany on the basis of an
exemption from the application of the German Securities Prospectus Act
(Wertpapierprospektgesetz) without a securities prospectus and in accordance
with other laws applicable with regard to the issuance, sale and offer of
the partial bonds of the convertible bond and otherwise in accordance with
the German Securities Prospectus Act and the Prospectus Directive.
This announcement may not be published, distributed or transmitted in the
United States of America, Australia, Japan or Canada. This announcement
constitutes neither an offer to purchase securities nor a solicitation of an
offer to purchase securities of YOC AG (the "Securities") in the United
States of America, Germany or other countries. The Securities may not be
offered or sold in the United States of America without prior registration
or registration or an exemption from the registration requirements of the
U.S. Securities Act of 1933, as amended (the "Securities Act"). The
securities are not and will not be registered under the Securities Act.
In the United Kingdom, this announcement is directed only at (i) qualified
investors within the meaning of the Financial Services and Markets Act 2000,
as amended, and its implementing measures and/or (ii) persons who have
professional investment experience and are covered by the term "investment
professionals" in Article 19(5) of the Financial Services and Markets Act
2000 (Financial Promotion) Order 2005, as amended (the "Order") or Article
49(2)(a) to (d) of the Order (High Net Worth Companies, Partnerships,
etc.).) or any other exception to the Order (such persons together being the
"Relevant Persons"). Persons who are not Relevant Persons may not rely on
this ad hoc announcement and its content. Any investment or investment
opportunity discussed in this announcement is available only to Relevant
Persons and is only entered into with Relevant Persons.
In member states of the European Economic Area that have implemented the
Prospectus Directive (except Germany), this announcement and any subsequent
offering is directed exclusively at qualified investors within the meaning
of the Prospectus Directive in that member state.
Forward-looking statements contained in this announcement are not facts and
are identified by the words "will", "expect", "believe", "estimate",
"intend", "seek", "anticipate" and similar expressions. These statements
express the intentions, opinions or current expectations and assumptions of
YOC AG and the persons acting in concert with it. The forward-looking
statements are based on current plans, estimates and forecasts which YOC AG
and the persons acting in concert with it have made to the best of their
knowledge, but make no statement about their future accuracy.
Forward-looking statements are subject to risks and uncertainties, most of
which are difficult to predict and are usually beyond the control of YOC AG
or the persons acting in concert with it. It should be noted that actual
results or consequences may differ significantly from those expressed or
implied by such forward-looking statements.
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24.07.2018 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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: YOC AG
Greifswalder Str. 212
10405 Berlin
Germany
Phone: +49 (0)30-72 61 62 322
Fax: +49 (0)30-72 61 62 222
E-mail: [email protected]
Internet: www.yoc.com
ISIN: DE0005932735
WKN: 593273
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP News Service
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707345 24.07.2018
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