GK SOFTWARE AG (FRA:GKS) GK Software SE - Cash capital increase from authorized capital successfully completed

Directive transparence : information réglementée

26/03/2021 12:08

DGAP-Ad-hoc: GK Software SE / Key word(s): Capital Increase
GK Software SE - Cash capital increase from authorized capital successfully completed

26-March-2021 / 12:08 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.

GK Software SE has successfully completed the capital increase from authorized capital announced on 25th of March. Investors subscribed to a total of 180,000 new shares via ICF BANK AG at a placement price of € 105.75 per share. This corresponds to gross proceeds of € 19,035,00.00.

The net proceeds from the capital increase will be used primarily for the planned development of GK SPOT, a new cloud-based big-data platform for trading. The Company expects this to allow it to further expand its market-leading position and to tap into new potentials for cloud-based business. In addition, a further part of the proceeds will be used for the general purposes of the Group, such as broader internationalization.

The new shares are to be released for trading without prospectus in the regulated market/Prime Standard on the Frankfurt Stock Exchange. New shares are entitled to dividends as of 01/01/2020.

In conjunction with the capital increase, there was also a reallocation of 60,000 shares of founding shareholder Rainer Gläß. This reduced his direct and indirect shareholding in the company to 26.85 percent.

The capital increase and the reallocation of shares have increased the free float to 52.08 percent of the capital stock.

GK Software SE
Waldstraße 7
08261 Schöneck
WKN 757142
ISIN DE0007571424
Listed on: Frankfurt (Prime Standard)

(End of insider information)

Investor Relations
GK Software SE
Dr. René Schiller
Ph.: +49 (0)37464-84-264
Fax: +49 (0)37464-84-15
E-mail: rschiller@gk-software.com

26-March-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: GK Software SE
Waldstraße 7
08261 Schöneck
Phone: +49 (0)3 74 64 84 - 0
Fax: +49 (0)3 74 64 84 - 15
E-mail: info@gk-software.com
Internet: www.gk-software.com
ISIN: DE0007571424
WKN: 757142
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1178896

End of Announcement DGAP News Service

1178896  26-March-2021 CET/CEST