DGAP-Ad-hoc: TubeSolar AG / Key word(s): Corporate Action/Capital Increase
TubeSolar AG resolves capital increase against cash contributions with exclusion of subscription rights
The new shares will be offered exclusively to selected investors in a private placement. The private placement will be initiated immediately after this announcement. The number of shares to be issued and the placement price will be determined by the Executive Board with the consent of the Supervisory Board after the completion of the private placement and subsequently announced.
The expected proceeds from the capital increase will be used to further finance the development of the highly automated production of TubeSolar PV modules and the further growth of TubeSolar AG.
About TubeSolar AG (www.tubesolar.de)
22-Feb-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
|Berliner Allee 65|
|Phone:||+49 821 899 830 50|
|Listed:||Regulated Unofficial Market in Dusseldorf (Primärmarkt), Frankfurt, Munich (m:access)|
|EQS News ID:||1170051|
|End of Announcement||DGAP News Service|
1170051 22-Feb-2021 CET/CEST