YOC adopts resolution to increase capital
[Ad hoc announcement pursuant to Section 15 WpHG [German Securities Trading Act]
Berlin, 17 January 2013, 18:56
Today, YOC AG (Frankfurt, Prime Standard, ISIN DE0005932735) passed a resolution to perform a capital increase from authorised capital. The Company’s share capital is to be increased by up to EUR 220,000 by issuing up to 220,000 new bearer shares against cash contributions. The new shares will be subscribed for by Close Brothers Seydler Bank AG and offered to the Company’s shareholders for subscription. The subscription period for shareholders runs from 23 January to 6 February 2013. The subscription price is EUR 8.50 per new share. The proceeds from the capital increase serve to strengthen the equity basis of YOC AG.
The new shares are to be offered to shareholders at a ratio of 11 to 1 (meaning eleven shares held entitle the holder to purchase one new share); for a subscription price of EUR 8.50. Company shareholders with subscription rights will, moreover, be entitled to subscribe to additional new shares, and to thus go beyond their statutory subscription rights, if these shares have not been picked up by other shareholders during the subscription period (so-called oversubscription right).
The new shares are scheduled to be admitted to stock exchange trading on the regulated market (Prime Standard) of the Frankfurt Stock Exchange on 14 February 2013. The new shares will presumably be included in the existing listing at the aforementioned stock exchange on 15 February 2013.
New shares that were not subscribed for through the subscription offer or oversubscription option will be offered, within the scope of private placements, to qualified investors in certain jurisdictions outside the United States of America (USA), on the basis of Regulation S of the U.S. Securities Act 1933 as amended (with the exception of Japan, Canada and Australia).
This ad-hoc announcement constitutes neither an offer to sell nor a solicitation to buy securities. The information in this announcement is neither intended for transmission to the United States of America (USA) nor for use within the USA (including its territories and possessions, any State of the United States, and the District of Columbia) and may not be distributed or passed on to U.S. persons (as defined in Regulation S of the U.S. Securities Act of 1933 as amended) or publications with a general circulation in the USA. This announcement constitutes neither an offering nor a solicitation to buy securities in the USA. The securities of YOC AG are not registered and will not be registered in accordance with the provisions in the Securities Act and may not be sold, offered or delivered in the USA or to a U.S. person without prior registration or exemption from the registration requirements. No public offering will be made for securities in the USA.
Berlin, 17 January 2013
– – The Management Board –
End of ad hoc announcement
Christina von Grauvogl