22.04.2015
YOC AG DE0005932735
DGAP-News: YOC AG: YOC AG decides on capital increase / private placement and additional debt financing leads to cash inflow amounting to EUR 1.1 million
DGAP-News: YOC AG / Key word(s): Capital Increase/Financing
YOC AG: YOC AG decides on capital increase / private placement and
additional debt financing leads to cash inflow amounting to EUR 1.1
million
22.04.2015 / 18:33
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YOC AG decides on capital increase / private placement and additional debt
financing leads to cash inflow amounting to EUR 1.1 million
Berlin, 22 April 2015 -
- The Management Board and Supervisory Board of YOC AG have today decided
on a capital increase from authorised capital.
- Furthermore, the company realises concomitant debt financing, resulting
in a cash inflow amounting to EUR 1.1 million in total.
- Further capital measures are not intended in the medium term.
The cash capital increase is made under the exclusion of subscription
rights of shareholders. Within the framework of a private placement, all
shares have been placed with current and new investors, including the
Management Board and Supervisory Board members, at the issue price of EUR
3.15 per share. The gross issue proceeds from the capital increase will
come to EUR 0.8 million. The new shares will be released for trading in the
regulated market (Prime Standard) of the Frankfurt Stock Exchange without
prospectus. The transaction is accompanied by Hauck & Aufhäuser
Privatbankiers KGaA.
In addition, the company has agreed upon concomitant debt financing under
normal market conditions with the designated year of maturity of 2017,
leading to a further cash inflow of EUR 0.3 million for YOC AG.
The funds derived from the capital increase serve to strengthen equity, and
shall be used, together with the funds from debt financing, mainly for the
further development of business, in particular the development of new
products. Dirk Kraus, Management Board of YOC AG: "With this cash inflow,
we are promoting the further development of our business model to a premium
mobile programmatic provider through innovative products that provide high
contributions to gross profit."
Contact
YOC AG:
Martina Serwene
Investor Relations
Rosenstr. 17
10178 Berlin
telephone: +49-30-726162-322
fax: +49-30-726162-222
[email protected]
www.yoc.com
About YOC
Since its foundation in 2001, YOC has been a pioneer and market leader for
mobile advertising, and is currently the leading independent provider of
mobile advertising solutions within Europe. Thanks to its ground-breaking
technologies such as Programmatic Media Trading and Programmatic Data
Targeting, YOC enables advertisers to access specific target groups and
make efficient use of their advertising budgets. YOC provides its own SDK
infrastructure, a publisher frontend and innovative advertising formats for
optimised marketing of mobile advertising inventory. Top international
advertisers such as Microsoft, Google, Mercedes-Benz, Vodafone, Coca-Cola,
Dior and Samsung work with YOC to implement several thousand campaigns
across Europe every month. YOC has an impressive, high-quality mobile
premium inventory comprising a portfolio of over 300 international
publishers, with extensive coverage and guaranteed brand safety - both for
branding and for performance goals. Through its platforms, YOC reaches
around 40 million Internet users per month in Europe. In 2012, YOC received
the Mobile Gold Award from Cannes Lions for the YOC Mystery Ad format. YOC
has been listed in the Prime Standard on the Frankfurt Stock Exchange since
2009, and today it employs 70 people at offices in Berlin, Düsseldorf,
London, Madrid, Paris and Vienna. Find out more at www.yoc.com.
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22.04.2015 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.
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Language: English
Company: YOC AG
Rosenstr. 17
10178 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
End of News DGAP News-Service
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347453 22.04.2015
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