|
DGAP-Ad-hoc: Manz AG / Key word(s): Capital Increase/Alliance Publication of inside information pursuant to Article 17 (1) of Regulation (EU) 596/2014 on market abuse (Market Abuse Regulation) Manz AG resolves cash capital increase without subscription rights in the amount of approximately 10 % of the share capital in the context of a cooperation agreement with Daimler Truck AG Reutlingen, May 23, 2022 - The Managing Board of Manz AG, Reutlingen, (ISIN: DE000A0JQ5U3) today resolved, with the approval of the Supervisory Board, to issue 774,408 new shares (corresponding to approximately 10 % of the share capital) against cash contributions as part of a capital increase by partially utilizing Authorized Capital 2021 and excluding shareholders' subscription rights. The capital increase takes place in the context of a cooperation agreement on a strategic partnership, which Manz AG signed today with Daimler Truck AG. The implementation of the capital increase is subject to the approval of the responsible antitrust authorities. After the approval, the new shares will be subscribed by Daimler Truck AG at a price of EUR 39.53 per share, which includes a premium on the weighted average share price of the underlying reference period. The company's share capital will thus increase from EUR 7,756,804 by EUR 774,408.00 to EUR 8,531,212.00 after the capital increase has been carried out. The proceeds of the capital increase in the amount of EUR 30.6 million will be used to finance Manz AG's further growth. As part of the cooperation agreement, it is planned in a first step to establish a pilot line for the production of lithium-ion battery cells as well as the assembly of batteries at Daimler's truck location in Mannheim. The two companies will combine their expertise to jointly develop innovative battery technology and associated production processes for trucks and buses.
Additional information: ISIN: DE000A0JQ5U3 Manz AG
Investor Relations Contact: Manz AG cometis AG
23-May-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Manz AG |
| Steigäckerstr. 5 | |
| 72768 Reutlingen | |
| Germany | |
| Phone: | +49 (0) 7121 9000-0 |
| Fax: | +49 (0) 7121 9000-99 |
| E-mail: | info@manz.com |
| Internet: | http://www.manz.com |
| ISIN: | DE000A0JQ5U3 |
| WKN: | A0JQ5U |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1358709 |
| End of Announcement | DGAP News Service |
|
|
1358709 23-May-2022 CET/CEST
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.
