DGAP-News: KTG Energie AG decides on capital increase under exclusion of subscription rights


KTG Energie AG  / Key word(s): Capital Increase

22.09.2014 19:08

Dissemination of a Corporate News, transmitted by DGAP - a service of EQS
Group AG.
The issuer / publisher is solely responsible for the content of this
announcement. 

---------------------------------------------------------------------------

KTG Energie AG decides on capital increase under exclusion of subscription
rights

Hamburg, September 22, 2014. The Executive Board of KTG Energie AG (ISIN:
DE000A0HNG53) today decided with the consent of the Supervisory Board to
increase the share capital of the company, making partial use of the
authorized capital in the amount of up to EUR500,000, from currently
EUR6,000,000, split up into 6,000,000 no-par shares, by up to EUR500,000,
split up into 500,000 no-par shares, to up to EUR6,500,000. The shares will
be offered for sale by means of accelerated bookbuilding as part of a
private placement of German and European institutional investors.

The capital increase will be supported by youmex Invest AG.


Contact 

Investor Relations / Press
Tobias M. Weitzel
BSK Becker+Schreiner Kommunikation GmbH 
Phone: +49 2154-8122 16
E-mail: weitzel@kommunikation-bsk.de

 


---------------------------------------------------------------------------

Information and Explaination of the Issuer to this News:

About KTG Energie AG 

KTG Energie AG, based in Hamburg, is specialized in the production of
renewable energies from renewable raw materials. To this end, the company
has been operating biogas plants in Germany since 2006 and covers the
entire value added chain from the planning and construction to the
operation of the systems. Sales quantities are guaranteed through the
Renewable Energy Act (EEG) for a period of 20 years at fixed conditions.
Today, over a quarter of a million people are already supplied with clean,
environmentally-friendly energy. As a subsidiary of the agricultural
company KTG Agrar SE, the supply of renewable raw materials - particularly
catch crops, grass and straw - is guaranteed in the long term. KTG Energie
currently employs 69 staff and has, according to preliminary figures, more
than doubled sales volume in the short fiscal year 2013 compared with the
first ten months of the previous year to EUR50.9 million (January through
October 2012: around EUR23 million). The operating result (EBITDA) improved
by 97% to EUR13.2 million (January through October 2012: EUR6.7 million),
and EBIT to EUR8 million. The individual company KTG Energie AG achieved a
profit of over EUR3 million, of which it paid out almost 80% as a dividend
to the shareholders (EUR0.40 per share). The company has been listed in the
Entry Standard of the Frankfurt Stock Exchange since 2012.

22.09.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------
 
Language:     English
Company:      KTG Energie AG
              Ferdinandstr. 12
              20095 Hamburg
              Germany
Phone:        +49 40 76755372
Fax:          +49 40 76755374
E-mail:       info@ktg-energie.de
Internet:     www.ktg-energie.de
ISIN:         DE000A0HNG53, DE000A1ML257, 
WKN:          A0HNG5, A1ML25
Listed:       Freiverkehr in Berlin, Düsseldorf, München, Stuttgart;
              Frankfurt in Open Market (Entry Standard)
 
End of Announcement                             DGAP News-Service
 
---------------------------------------------------------------------------