DGAP-News: KTG Energie AG / Key word(s): Capital Increase
KTG Energie AG: KTG Energie AG resolves capital increase subject to
exclusion of subscription rights
23.07.2015 / 18:11
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KTG Energie AG resolves capital increase subject to exclusion of
subscription rights
Hamburg, July 23, 2015. The Executive Board of KTG Energie AG (ISIN:
DE000A0HNG53) today resolved, with the consent of the Supervisory Board, to
increase the company's share capital from the present amount of
EUR6,500,000, split up into 6,500,000 no-par value shares, by a maximum of
EUR650,000, split up into 650,000 no-par value shares, up to EUR7,150,000.
For this purpose, the company will use part of the authorized capital
2015/I, which was resolved at this year's Annual General Meeting.
The shares will be offered for sale by way of an accelerated bookbuilding
procedure as part of a private placement by German and European
institutional investors.
The capital increase, which is intended to finance further growth, will be
supported by equinet Bank AG.
About KTG Energie AG
KTG Energie AG is committed to an integrated, sustainable business model in
which the production of renewable commodities does not compete with
foodstuff production. With 85 employees at the end of July 2014, KTG
Energie AG operated biogas plants with a total capacity of more than 60.5
MW, which both feed processed biogas directly into the natural gas grid and
use biogas for power production. From fiscal year 2015/2016, this will
result in a secured sales base of EUR90 million and an EBITDA base of
between EUR28 and EUR29 million.
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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23.07.2015 Dissemination of a Corporate News, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.
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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: Regulated Unofficial Market in Berlin, Dusseldorf, Munich,
Stuttgart; Open Market (Entry Standard) in Frankfurt
End of News DGAP News-Service
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380595 23.07.2015
DGAP-News: KTG Energie AG: KTG Energie AG resolves capital increase subject to exclusion of subscription rights
| Source: EQS Group AG