Webdisclosure.com

Search

SNP SCHNEIDER-NEUREITHER & PARTNER AG (FRA:SHF) SNP Schneider-Neureither & Partner SE Resolves on Capital Increase From Authorized Capital

Directive transparence : information réglementée

15/07/2020 17:40

DGAP-Ad-hoc: SNP Schneider-Neureither & Partner SE / Key word(s): Capital Increase
SNP Schneider-Neureither & Partner SE Resolves on Capital Increase From Authorized Capital

15-Jul-2020 / 17:40 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.


NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE, INDIRECTLY OR DIRECTLY, IN THE USA, CANADA, AUSTRALIA OR JAPAN OR OTHER COUNTRIES IN WHICH SUCH A PUBLICATION MAY BE ILLEGAL.

SNP Schneider-Neureither & Partner SE Resolves on Capital Increase From Authorized Capital

Heidelberg, Germany, July 15, 2020 - The Board of Directors of SNP Schneider-Neureither & Partner SE (WKN: 720370, ISIN: DE0007203705) (the "Company") has decided today to increase the company's share capital by up to 9.2% with exclusion of the shareholders' subscription rights. The Company's share capital will increase from € 6,602,447 to € 7,212,447 through issuing up to 610,000 new no-par-value shares with a nominal share of share capital of € 1.00 per share. The capital increase shall be effected against cash contribution and with partial utilization of the existing authorized capital according to Section 4 (5) of the articles of incorporation. The new shares will be exclusively offered to institutional investors as part of a private placement by means of an accelerated bookbuilding process, which will commence immediately after this announcement and is expected to close before markets open tomorrow.

The new shares are entitled to dividends in the 2020 fiscal year beginning on January 1, 2020, and will carry the same rights as the existing shares. The new shares shall be admitted to trading on the regulated market of the Frankfurt Stock Exchange, without a prospectus, with simultaneous admission to the sub-segment of the regulated market with additional post-admission obligations (Prime Standard).

The net issue proceeds from the capital increase will mainly be used to improve the company's equity base as well as to finance the company's growth strategy. The first trading day for the new shares is expected to be July 22, 2020. MainFirst Bank AG is acting as Sole Bookrunner for the transaction.

About SNP

SNP is one of the world's leading providers of software for the management of complex digital transformation processes. Unlike traditional IT consulting in an ERP environment, SNP employs an automated approach that uses proprietary software. With the data transformation platform CrystalBridge(R) and the SNP BLUEFIELD(TM) approach, IT landscapes can be restructured and modernized much faster and more securely, and data can be securely migrated to new systems or cloud environments. This provides customers with clear qualitative benefits while also reducing their investment of time and expense.

The SNP Group has around 1,400 employees worldwide. Headquartered in Heidelberg, the company generated Group revenue of approximately € 145 million in the 2019 fiscal year. SNP's customers are global corporations from all industries. SNP was founded in 1994, has been publicly traded since 2000 and listed on the Prime Standard segment of the Frankfurt Stock Exchange (ISIN DE0007203705) since August 2014 and was admitted to the SDAX(R) in March 2020. Since 2017, the company has operated as a European stock corporation (Societas Europaea/SE).

Further information is available at www.snpgroup.com

 

Investor Relations Contact:

Christoph Marx

Head of Investor Relations

Tel: +49 6221 6425-172

 

This publication constitutes neither an offer to sell nor a solicitation to buy shares of SNP Schneider-Neureither & Partner SE.

This document is not an offer of securities for sale or a solicitation of an offer to purchase securities in the United States. The shares of SNP Schneider-Neureither & Partner SE (the "Shares") have not been registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold in the United States unless registered under the Securities Act or pursuant to an exemption from such registration. There will be no public offering of the Shares in the United States and the Shares will not be registered under the Securities Act.

This document is only being distributed to and is only directed at persons who (i) are outside the United Kingdom or (ii) are investment professionals falling within Article 19(5) or persons falling within Article 49(2)(a) to (d) of the Financial Services and Markets Act 2000 (Financial Promotion) (all such persons together being referred to as "relevant persons"). The Shares are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. This announcement is directed only at relevant persons and must not be acted on or relied on by persons who are not relevant persons.

This document has been delivered to you on the basis that you are a person into whose possession this document may be lawfully delivered in accordance with the laws of the jurisdiction in which you are located and you may not deliver this document to any other person and you agree not to copy or retransmit this document or its contents. In particular, this document may not be forwarded or retransmitted to any person located in the United States, Canada, Japan or Australia.


15-Jul-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: SNP Schneider-Neureither & Partner SE
Dossenheimer Landstraße 100
69121 Heidelberg
Germany
Phone: +49 6221 6425 637, +49 6221 6425 172
Fax: +49 6221 6425 20
E-mail: investor.relations@snpgroup.com
Internet: www.snpgroup.com
ISIN: DE0007203705
WKN: 720370
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1094653

 
End of Announcement DGAP News Service

1094653  15-Jul-2020 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1094653&application_name=news&site_id=symex