Put companies on watchlist
Your Family Entertainment AG
ISIN: DE000A161N14
WKN: A161N1
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

Your Family Entertainment AG · ISIN: DE000A161N14 · EQS - adhoc news (63 News)
Country: Germany · Primary market: Germany · EQS NID: 1828003
01 February 2024 10:47AM

Your Family Entertainment Aktiengesellschaft plans capital increase of up to 10% of the share capital


EQS-Ad-hoc: Your Family Entertainment AG / Key word(s): Capital Increase
Your Family Entertainment Aktiengesellschaft plans capital increase of up to 10% of the share capital

01-Feb-2024 / 10:47 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.


Ad hoc announcement
of Your Family Entertainment AG
(Publication of inside information pursuant to Article 17 of Regulation (EU) No 596/2014)

 

Your Family Entertainment Aktiengesellschaft plans capital increase of up to 10% of the share capital
 

Munich, 1 February 2024

The Management Board of Your Family Entertainment Aktiengesellschaft (YFE), Munich, (ISIN DE000A161N14) plans to carry out a capital increase of up to 10% of the company's share capital, excluding shareholders' subscription rights, making partial use of the Authorized Capital 2022 created by resolution of the company's Annual General Meeting on 28 June 2022. The new shares are to be placed with selected investors.

Subject to final decisions of the company's Management and Supervisory Boards, the company plans to execute the capital increase in the first half of 2024. Considering requirements under stock corporation law for setting the final placement price, the Management Board expects gross issue proceeds of up to approximately EUR 5 million depending on the company's share price in the specific period of the final decisions by the Management and Supervisory Boards, this figure may deviate.

The company intends to use the proceeds from this planned capital measure to build up capacities and partnerships in the field of artificial intelligence (AI), for possible new productions from YFE's IP catalog, the further expansion of digital platforms ("streaming/video-on-demand") and the pursuit of potential M&A transactions.


Your Family Entertainment Aktiengesellschaft
The Management Board

 

-- End of insider information pursuant to Art. 17 MAR ---


Note:
Your Family Entertainment AG is also publishing a separate corporate news item today entitled "Innovation through partnerships: How Your Family Entertainment AG is integrating Artificial Intelligence (AI) into its corporate strategy."



End of Inside Information

01-Feb-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: Your Family Entertainment AG
Türkenstraße 87
80799 München
Germany
Phone: +49 (0)89 997 271-0
Fax: +49 (0)89 997 271-91
E-mail: ir@yfe.tv
Internet: www.yfe.tv
ISIN: DE000A161N14
WKN: A161N1
Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart
EQS News ID: 1828003

 
End of Announcement EQS News Service

1828003  01-Feb-2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1828003&application_name=news&site_id=boersengefluester_html
Visual performance / price development - Your Family Entertainment AG
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

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

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

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.