|
EQS-News: Noratis AG
/ Key word(s): Capital Increase/Miscellaneous
Noratis AG successfully completes capital increase Eschborn, December 7, 2023: Noratis AG (ISIN: DE000A2E4MK4, WKN: A2E4MK), a leading portfolio developer of residential real estate in Germany, has successfully completed its EUR 8 million capital increase. A total of 61.88% of the shares were acquired under subscription rights. Merz Real Estate GmbH & Co. KG ("Merz"), the main shareholder of Noratis AG, acquired all unsubscribed shares and fully utilized its own subscription rights. A total of 1,927,210 new shares were issued at EUR 4.15 per new share. Following the capital increase, the Company's share capital amounts to EUR 6,745,237.00, divided into the same number of shares. The new shares will be included in the existing listing in the Scale segment of the Frankfurt Stock Exchange. As part of the capital measure, Merz acquired 734,566 new shares under the backstop and fixed subscription agreement, thereby increasing its stake in Noratis AG to 59.9 %. The proceeds from the issue will be used to strengthen liquidity and to repay a promissory note loan.
About Noratis: Noratis AG (www.noratis.de, ISIN: DE000A2E4MK4, WKN: A2E4MK) is a leader in the development of residential real estate portfolios in Germany. The company identifies and realizes potential for tenants and investors. In this way, Noratis creates and maintains attractive living space throughout Germany that is affordable at the same time. Noratis specializes in upgrading aging residential properties, mostly factory apartments, neighbourhoods and estates in cities with a population of 10,000 or more as well as in secondary locations of metropolitan areas. After successful development, the properties remain in the portfolio or will be sold in the medium term to investors or in individual sales to existing tenants, capital investors and owner-occupiers. In doing so, Noratis creates tangible and sustainable added value for all stakeholders: from investors/shareholders, buyers/sellers, service providers and employees to current and future tenants. Noratis AG is listed on the Frankfurt Stock Exchange. Contact Investor & Public Relations: edicto GmbH
07.12.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | Noratis AG |
| Hauptstraße 129 | |
| 65760 Eschborn | |
| Germany | |
| Phone: | +49 (0) 69 / 170 77 68 20 |
| E-mail: | info@noratis.de |
| Internet: | www.noratis.de |
| ISIN: | DE000A2E4MK4 |
| WKN: | A2E4MK |
| Indices: | Scale 30 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1792301 |
| End of News | EQS News Service |
|
|
1792301 07.12.2023 CET/CEST
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.
