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YOC AG Completes Capital Increase


Friday, 8 Feb 2013 03:53am EST 

YOC AG announced that as a result of the capital increase with subscription rights, the Company has achieved gross issuing proceeds of EUR 1,870,000.00. This involved placing a total of 220,000 shares at a price of EUR 8.50 each. This capital increase was primarily backed by the Company's existing shareholders. However, subscriptions from other national and international investors were also entered in the order book. The Company's Board of Directors and Supervisory Board will register the capital increase for entry into the commercial register. The new shares are expected to be delivered one banking day after they have been granted admission to trading on the Regulated Market of the Frankfurt Stock Exchange, with simultaneous admission to a sub-segment of the Regulated Market and with further post-admission duties (Prime Standard). The anticipated delivery date is thus February 15, 2013. The capital increase was accompanied by Close Brothers Seydler Bank AG. 

Company Quote

1.89
0.099 +5.53%
21 Aug 2014