YOC AG planning resolution to issue regular shares with subscription rights raising up to a face value of 2 million euros in capital
Berlin, 26 April 2013
YOC AG (Frankfurt, Prime Standard, ISIN DE0005932735) has announced an agenda item for the Annual General Meeting on 6 June 2013 to vote on raising up to a face value of 2 million euros in capital by issuing regular shares with subscription rights.
YOC AG shareholders receive subscription rights to the new shares to ensure their ability to keep their shareholding percentages in YOC undiluted. The shares will be offered to existing shareholders to acquire via indirect subscription. Unsubscribed shares will be offered to third parties in a private placement.
The newly issued shares are to be fully dividend-paying from 1 January 2013. The full Annual General Meeting agenda including the text of the proposed capital-raising resolution will be released on 30 April 2013.
The share offering is slated for early to mid-July 2013 based on current planning.
The YOC AG Management Board will determine the subscription price, subscription ratio, number of shares to be issued and other details concerning the share offering at a later date, subject to Supervisory Board approval.
The share offering is contingent upon shareholder approval at the Annual General Meeting. No declarations of intent or binding subscription commitments for the proposed share offering have yet been obtained.
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.
This ad hoc announcement contains statements regarding future developments that are based on current evaluations and are made to the best knowledge of the management of YOC AG. Such statements with regard to future developments are subject to known and unknown risks, uncertainties and other factors that could cause the profit situation, profitability, value development or the performance of YOC AG to diverge from the profit situation, profitability, value development or performance that are expressly or implicitly assumed or described in the statements concerned. In view of the risks and uncertainties and other factors, readers of this ad hoc announcement should not rely on such statements to a disproportionate extent. YOC AG has no obligation to act in keeping with such statements regarding future developments or to alter its actions to accommodate future events and developments.
Berlin, 26 April 2013
– – The Management Board –
End of ad hoc announcement
Christina von Grauvogl