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_WIGE MEDIA AG (FRA:WIG1) SPORTTOTAL AG decides Capital Increase

Directive transparence : information réglementée

10/09/2018 17:44

DGAP-Ad-hoc: SPORTTOTAL AG / Key word(s): Capital Increase
SPORTTOTAL AG decides Capital Increase

10-Sep-2018 / 17:44 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


SPORTTOTAL AG decides Capital Increase

Cologne, September 10, 2018. With the approval of the Supervisory Board, the Management Board of SPORTTOTAL AG has today decided on a capital increase from Authorized Capital, to the exclusion of shareholder subscription rights.

The company's capital stock is to be raised by up to EUR 2,142,052.00, from currently EUR 21,420,529.00 to up to EUR 23,562,581.00 against cash contribution through issuing up to 2,142,052 new no-par value bearer stocks representing a pro rata amount in the capital stock of EUR 1.00 per stock ("New Shares"). The New Shares are eligible for profit participation from January 1, 2018 onward.

The New Shares will be offered to qualified institutional investors, both in Germany and in other EU countries, in the context of a private placement by way of accelerated bookbuilding.

Private placement will commence directly following this announcement. The final number of the shares to be issued and the placement price will be determined by the Management Board and then communicated without delay.

SPORTTOTAL AG intends to use the proceeds from the capital increase to finance the further expansion of its subsidiary sporttotal.tv gmbh.



SPORTTOTAL AG
Am Coloneum 2
50829 Cologne
Germany
www.sporttotal.com
Tel: +49 (0)221_7 88 77_ 0
Fax: +49 (0)221_7 88 77_ 199
info@sporttotal.com


Investor Relations
BSK Becker+Schreiner Kommunikation GmbH
Tobias M. Weitzel
Tel.: +49 (0)2154-8122-16
sporttotal@kommunikation-bsk.de


10-Sep-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: SPORTTOTAL AG
Am Coloneum 2
50829 Köln
Germany
Phone: +49 (0)221 7 88 77 0
Fax: +49 (0)221 7 88 77 199
E-mail: info@sporttotal.com
Internet: www.sporttotal.com
ISIN: DE000A1EMG56
WKN: A1EMG5
Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange

 
End of Announcement DGAP News Service

722155  10-Sep-2018 CET/CEST

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