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– Cash capital increases with gross issue proceeds of EUR 1.5 million – Accompanying capital increase in kind in implementation – |
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– Strengthening the equity capital and lowering the capital costs of HanseYachts AG
As part of the cash capital increase carried out in November 2020, shareholders of the company as well as private and institutional investors subscribed to around 41% of the 941,102 new shares offered, thus providing HanseYachts AG with fresh liquidity of around EUR 1.5 million. A total of 388,762 new shares were placed at a subscription price of EUR 3.80 per share. In addition to a capital increase in kind by the two major shareholders, the cash capital increase is one of two capital measures and offered the remaining shareholders the opportunity to participate in the capital increase while maintaining their previous shareholding. Therefore, the main shareholders waived their subscription rights for the cash capital increase.
In parallel to the cash capital increase, the company is currently implementing a capital increase in kind with the two major shareholders, AURELIUS Equity Opportunities SE & Co. KGaA and HY Beteiligungs GmbH, within the framework of which receivables and loans amounting to up to approx. EUR 12 million. be brought into society. In the past, the loans had enabled HanseYachts to grow strongly, including the purchase of the Sealine motorboat models and the Privilège catamaran brand. In return, HanseYachts AG grants new bearer shares at EUR 3.80 per share. This reorganization removes all old loans, which have an average interest rate of 9.1%, from the books. Future consolidated annual results will be improved by this measure, since the interest expenses of the group will be significantly reduced.
HanseYachts AG will promptly report both capital increases to the competent registry court for registration and the respective custodian banks will credit the shares to the investors after registration.
End of the press release
Issuer / publisher: HanseYachts Aktiengesellschaft
Keyword (s): Industry
11/20/2020 Dissemination of a press release, transmitted by DGAP – a service of EQS Group AG.
The issuer is responsible for the content of the announcement.
DGAP Distribution Services include regulatory reporting, corporate / financial news, and press releases.
Media archive at http://www.dgap.de
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Language: |
Deutsch |
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Companies: |
HanseYachts Aktiengesellschaft |
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Ladebower Chaussee 11 |
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17493 Greifswald |
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Germany |
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Telephone: |
+49 (0)3834-5792-20 |
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Fax: |
+49 (0)3834-5792-81 |
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E-mail: |
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Internet: |
www.hanseyachtsag.com |
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RAY: |
DE000A0KF6M8 |
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WKN: |
A0KF6M |
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The stock market: |
Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart |
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EQS News ID: |
1149765 |
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End of communication |
DGAP-Media |
1149765 20.11.2020
