H2 Core AG Announces Cash Capital Increase with Shareholder Subscription Rights

H2 Core AG announced the implementation of a cash capital increase with subscription rights for shareholders. New shares will be issued at a subscription price of EUR 2.20 per share, with a 1:1 subscription ratio. The subscription period runs from June 26, 2024, to July 10, 2024. The proceeds are earmarked for growth and product range expansion.

The management board, with the approval of the supervisory board, resolved to increase the company's share capital by up to EUR 1,500,500, reaching EUR 13,001,000. Shareholders will have an oversubscription option, and any unsubscribed shares will be offered to institutional investors in a private placement.

The new shares will carry dividend rights from January 1, 2023, and will be traded on the Hanseatic Stock Exchange in Hamburg after the increase. The capital increase will be supported by mwb fairtrade Wertpapierhandelsbank AG.