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Rubean AG
ISIN: DE0005120802
WKN: 512080
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Rubean AG · ISIN: DE0005120802 · EQS - adhoc news (59 News)
Country: Germany · Primary market: Germany · EQS NID: 1915759
31 May 2024 06:03PM

Capital increase fully placed and convertible loan with Cyclebit Group converted into regular loan


EQS-Ad-hoc: Rubean AG / Key word(s): Capital Increase/Capital Reorganisation
Rubean AG: Capital increase fully placed and convertible loan with Cyclebit Group converted into regular loan

31-May-2024 / 18:03 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Rubean AG: Capital increase fully placed and convertible loan with Cyclebit Group converted into regular loan

  • Share capital increased by 10 percent
  • Cyclebit Group waives conversion from 2022/2024 convertible loan
  • Repayment of the convertible loan agreed in three tranches

 Munich, May 31, 2024: Rubean AG, Munich (ISIN: DE0005120802, WKN: 512080), has secured financing to support the company's continued strong growth. The capital increase resolved in March was successfully completed using the existing authorized capital and excluding subscription rights (private placement). All 327,626 shares were placed at an average share price of EUR 6.06 per share, increasing Rubean's share capital from EUR 3.276 million to EUR 3.604 million.

At the same time, Ruben and the Cyclebit Group reached an agreement on the modalities of the expiring convertible loan of EUR 3.4 million from 2022. Cyclebit waives the option to convert the loan into shares in Rubean AG. The loan provided in 2022 will be repaid in three stages together with interest.

The funds from the capital increase of EUR 1.984 million will mainly be used to finance the company's strong growth.

The Management Board

About Rubean: Rubean AG, Munich, is a leading provider of pure software point-of-sale solutions for banks, acquirers and merchants. These include the mobile softPOS solution PhonePOS, which enables merchants to receive card payments directly on their smartphone without the need for an additional device. This solution is used by payment service providers, major banks, retailers and smaller merchants throughout Europe and is the only softPOS solution that supports the girocard (ec card) in Germany. Rubean is listed on m:access as well as on most OTC trading venues and XETRA. Further information can also be found at www.rubean.com

If you have any questions, please contact:

german communications AG
Jörg Bretschneider
Böhmersweg 5, D-20148 Hamburg
+49 40/46 88 33 0, Fax +49 40/46 88 33 40
presse@german-communications.com

Dr. Hermann Geupel
Rubean AG
Kistlerhofstr. 168, D-81379 München
+49 89 357560
hermann.geupel@rubean.com

 



End of Inside Information

31-May-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Rubean AG
Kistlerhofstr. 168
81379 München
Germany
Phone: 089-357560
Fax: 089-35756111
E-mail: info@rubean.com
Internet: www.rubean.com
ISIN: DE0005120802
WKN: 512080
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich (m:access), Stuttgart, Tradegate Exchange
EQS News ID: 1915759

 
End of Announcement EQS News Service

1915759  31-May-2024 CET/CEST

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Visual performance / price development - Rubean AG
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This publication was provided by our content partner EQS3.

EQS Newswire
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EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

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