DGAP-Ad-hoc: Traumhaus AG / Key word(s): Capital Increase
Publication of insider information pursuant to Article 17 of Regulation (EU) No 596/2014
Traumhaus AG resolves capital increase from authorized capital
Wiesbaden, November 30, 2019 - The Executive Board of Traumhaus AG (Frankfurt, m:access, Xetra, ISIN: DE000A2NB7S2) today resolved, with the approval of the Supervisory Board, to increase the share capital by issuing up to 237,398 new no-par value bearer shares from currently EUR 4,428,540.00 to up to EUR 4,665,938.00, granting shareholders subscription rights, on the basis of the authorized capital as per the Articles of Association.
The new shares with dividend rights from 1 January 2019 will be offered for subscription to existing shareholders indirectly by Small & Mid Cap Investmentbank AG, Munich, at a price of EUR 16.50 as part of a subscription offer. Shares not subscribed for will subsequently be offered for subscription to institutional investors within the framework of a private placement at a price of EUR 16.50 per new share.
In total, the company will receive gross issue proceeds of up to EUR 3,917,067.00 from the capital increase.
The proceeds from the capital increase will be used to further expand the company, in particular to purchase building land, and to further strengthen the company's equity base.
About the company
Traumhaus AG, founded in Wiesbaden in 1993, is an experienced provider of innovative housing concepts and serial construction in solid building methods. The company covers the entire value chain: from land purchase (from 3,500 sqm) and project development through construction and marketing to the subsequent management of the properties. The leitmotif is: "We have the solution for affordable housing". An essential success factor for this is the sophisticated standardization of all process steps. Since August 2018, the company has been listed on the Munich Stock Exchange in the market segment m:access as well as in the over-the-counter market of the Frankfurt Stock Exchange and in Xetra trading.
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30-Nov-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
|Phone:||+49 (0) 6122 586 53 0|
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|Listed:||Regulated Unofficial Market in Frankfurt, Munich|
|EQS News ID:||925347|
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925347 30-Nov-2019 CET/CEST