Medios AG / Key word(s): Capital Increase
Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DISCLOSURE OF AN INSIDE INFORMATION PURSUANT TO ARTICLE 17 MAR
THE INFORMATION CONTAINED IN THIS DISCLOSURE IS NOT INTENDED FOR
PUBLICATION OR DISSEMINATION IN THE UNITED STATES OF AMERICA; AUSTRALIA,
CANADA OR JAPAN
Medios AG completes pre-placement of capital increase
- A total of 1,587,100 new shares placed in pre-placement
- Placement and subscription price for the new shares set at EUR 7.00
Hamburg, November 17, 2016 - Medios AG has completed the pre-placement of
up to 2,543,745 new shares launched yesterday. 1,587,100 new shares were
placed with selected investors outside the United States of America at a
price of EUR 7.00 per new share. Accordingly, gross issue proceeds amounted
to EUR 11.1 million.
The Management Board of Medios AG, with the consent of the Supervisory
Board and in consultation with M.M.Warburg & CO (AG & Co.) KGaA, set the
placement price at EUR 7.00 per new share. The new shares which were placed
in the pre-placement are expected to be delivered against payment of the
placement price on November 22, 2016. Trading on the stock exchange will
also begin on November 22, 2016.
The pre-placement represents the first part of the capital increase of up
to 2,760,408 new shares as announced yesterday by Medios AG. During the
subscription period, which is expected to begin on November 21, 2016 and to
conclude on December 5, 2016, those shareholders of Medios AG who have
neither assigned nor waived their subscription rights may subscribe for the
shares at the subscription price of EUR 7.00 per new share with a
subscription ratio of 7 to 2, meaning that every seven existing shares
entitle to the subscription for two new shares. Furthermore, shareholders
may declare, vis-à-vis the subscription agent, their interest in the
subscription of additional new shares which have not been placed in the
subscription offering or the pre-placement (so-called additional
subscription). Shares not subscribed for by the shareholders neither by
exercising their subscription rights nor by way of additional subscription
are available for a so-called rump placement.
Based on the placement price and the subscription price, and assuming that
all 2,760,408 new shares can be placed as part of the offering, Medios AG
will generate approximately EUR 19.3 million in gross issue proceeds from
this capital increase.
The Management Board
Phone: +49 30 232 5668 0
Fax: +49 30 232 5668 66
This disclosure contains forward-looking statements which are subject to
certain risks and uncertainties. Future results can deviate significantly
from currently expected results due to a variety of risk factors and
uncertainties such as changes in the business, economic or competitive
situation, exchange rate fluctuations, uncertainties with respect to legal
disputes or investigations and the availability of financial resources.
Medios AG assumes no responsibility for updating the forward-looking
statements contained in this disclosure.
This disclosure constitutes neither an offer to purchase or sell securities
of Medios AG nor an invitation to submit such an offer. Nor does this
disclosure constitute a prospectus within the meaning of EU Directive
2003/71/EC of the European Parliament and of the Council of November 4,
2003, as amended (the "Prospectus Directive"). Any public offering in
Germany may only be made on the basis of the prospectus, which has been
approved by the Federal Financial Supervisory Authority (BaFin) and
published on Medios AG's website (http://mediosag.mediospharma.de/de/
investor-relations/). Any decision to invest in subscription rights or
shares of Medios AG should be made solely on the basis of the prospectus.
Hard-copy prospectuses are available free of charge upon request from
Medios AG, Friedrichstraße 113a, 10117 Berlin, and M.M.Warburg & CO (AG &
Co.) KGaA, Ferdinandstraße 75, 20095 Hamburg. This disclosure is addressed
exclusively to qualified investors within the meaning of the Prospectus
Directive in any member state of the European Economic Area (other than
Germany) having transposed the Prospectus Directive into national law.
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Company: Medios AG
Phone: +49 30 232 566 - 800
Fax: 030 / 8321 8377
Listed: Regulated Market in Hamburg; Regulated Unofficial Market in
End of Announcement DGAP News-Service