PRESS RELEASE

from VARTA AG (isin : DE0005001002)

EQS-Adhoc: VARTA AG: VARTA AG successfully completes capital increase with gross proceeds of approximately 51 million euros

EQS-Ad-hoc: VARTA AG / Key word(s): Capital Increase
VARTA AG: VARTA AG successfully completes capital increase with gross proceeds of approximately 51 million euros

21-March-2023 / 20:55 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


VARTA AG, Ellwangen, ISIN: DE000A0TGJ55

 

Publication of inside information pursuant to Article 17 of Regulation (EU) No 596/2014

VARTA AG successfully completes capital increase with gross proceeds of approximately 51 million euros

 

Ellwangen, 21st March 2023. VARTA AG (the "Company") has successfully completed its capital increase announced yesterday. A total of 2,200,00 new shares were issued at a price of 22.85 euros and hence with a discount of 4% on the Xetra closing price on 21st March. The new shares are fully entitled to dividends for the financial year 2022 and carry the same rights as the existing shares.

The company will receive gross proceeds of 50,727,000 euros from the capital increase. The new shares were subscribed exclusively by VGG Beteiligungen SE, a 100% subsidiary of Montana Tech Components. The new shares originate from authorised capital and were issued under exclusion of shareholders' subscription rights.

The new shares are to be admitted to trading in the short term on the regulated market and simultaneously to the sub-segment of the regulated market with additional post-admission obligations (Prime Standard) of the Frankfurt Stock Exchange without a prospectus.

 

 

 

 


21-March-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language:English
Company:VARTA AG
VARTA-Platz 1
73479 Ellwangen
Germany
Phone:+49 (0)791-921-0
E-mail:info@varta-ag.com
Internet:www.varta-ag.com
ISIN:DE000A0TGJ55
WKN:A0TGJ5
Indices:SDAX,
Listed:Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID:1588607

 
End of AnnouncementEQS News Service

1588607  21-March-2023 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1588607&application_name=news&site_id=symex
See all VARTA AG news