DGAP-News: KTG Energie AG places capital increase successfully

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

23.09.2014 13:52

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. 

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KTG Energie AG places capital increase successfully

Gross issue proceeds: EUR5,875,000 million

Hamburg, September 23, 2014. KTG Energie AG (ISIN: DE000A0HNG53) is placing
a total of 500.000 new shares at a reference price of EUR11.75 per share as
part of the capital increase excluding subscription rights decided on
September 22, 2014.

After registration in the Commercial Register, the share capital of
EUR6,000,000, split up into 6,000,000 no-par shares, will be increased to
EUR6,500,000 (consisting of 6,500,000 no-par shares). On this basis, the
shareholder structure of KTG Energie AG - based on current information -
will be as follows:

  - KTG Agrar SE: 57.3%

  - Freefloat: 42.7%

"We are delighted that our known investor have supported us and that we
have also been able to win new investors for our company from all over
Europe, especially from the UK and southern Europe. Thanks to the keen
interest of the international investors, we have been able to fully place
the capital increase", says Dr. Thomas Berger, CEO of KTG Energie AG. The
capital increase announced yesterday was oversubscribed within a very short
space of time. This capital measure will enable KTG Energie AG to receive
gross issue proceeds in an amount of around EUR5.9 million. "We will invest
the issue proceeds in the short term in order to expand our sales and
revenue base. The focus will be on acquisitions of assets with guarantee of
remuneration, which have secured the statutory payment claims of the EEG
2012 (Renewable Energy Act 2012)", explains Dr. Thomas Berger.

The capital increase has been 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


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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 around 69 staff. In the short fiscal year 2013, the
company more than doubled sales volume to EUR50.9 million, in comparison
with the first ten months of the previous year (January through October
2012: around EUR23 million). The operative result (EBITDA) improved by 97%
to EUR13.2 million (January through October 2012: EUR6.7 million), while
EBIT increased to EUR8 million. The individual company KTG Energie AG
achieved a profit of over EUR3 million, of which it distributed almost 80%
as a dividend to shareholders (EUR0.40 per share). The company has been
listed in the Entry Standard of the Frankfurt Stock Exchange since 2012.

23.09.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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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
 
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