DGAP-News

FinTech Group AG completes successful capital increase at price of EUR 9.35 per share

FinTech Group AG / Key word(s): Capital Increase

10.12.2014 17:59

Dissemination of a Corporate News, transmitted by DGAP - a service of EQS
Group AG.
The issuer / publisher is solely responsible for the content of this announcement.

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- Quasi ad hoc announcement in accordance with sec. 19 par. 1 c) of the
General Terms and Conditions of Deutsche Börse AG for the Regulated
Unofficial Market (Open Market) on the Frankfurt Stock Exchange -

Frankfurt - The Executive Board of FinTech Group AG has announced today the
successful placement of 1,399,528 new shares at EUR 9,35/share to German
and international institutional investors. Total proceeds are EUR 13.1
million. The new shares were issued from the company's authorized capital
and correspond to roughly 10 per cent of the company's registered capital.
Hauck & Aufhäuser Privatbankiers acted as Sole Bookrunner for the
transaction.

The new shares will shortly be included in trading in the Open Market of
the Frankfurt Stock Exchange (Entry Standard) and will be entitled to
participate in dividends with effect from 1 January 2014.

"The successful and well oversubscribed capital increase demonstrates the
confidence major investors have in our strategy," says Frank Niehage, CEO
of FinTech Group AG. "The proceeds will be primarily used to finance the
acquisition of a majority shareholding in XCOM Group. With this
acquisition, we will become one of the largest financial services
technology companies in Europe with two business pillars: third-party
transaction and outsourcing/insourcing business for banks and financial
services companies, and our online retail banking business, operating under
our own brands. There is an enormous complementarity between the two
companies, and I expect combined revenues to exceed EUR 100 million already
in 2015, with a combined EBT of more than EUR 15 million, followed by
significant further growth in the years to come. I therefore see a bright
future for our customers, employees and shareholders."

Disclaimer:
This document constitutes neither an offer to sell nor a solicitation of an
offer to buy, or subscribe to, securities in the FinTech Group AG. A public
offering of securities of the FinTech Group AG is not taking place, nor is
this intended. This document and the information contained herein may not
be distributed in the United States of America, Canada, Australia, Japan or
any other jurisdiction in which such offer or solicitation is not allowed.
This document is not an offer of securities for sale in the United States.
Securities of FinTech Group AG may only to sold, or offered for sale,
within the United States, or for the account or benefit of U.S. persons (as
defined in Regulation S under the U.S. Securities Act of 1933 (the
"Securities Act") in its currently valid version) following registration
under the provisions of the Securities Act or pursuant to an exemption from
registration. Neither FinTech Group AG nor any other person intends to
register securities of FinTech Group AG in the United States or to conduct
a public offering of securities of FinTech Group AG in the United States.


10.12.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: FinTech Group AG
E.-C.-Baumann-Str. 8a
95326 Kulmbach
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.fintechgroup.com
ISIN: DE0005249601
WKN: 524960
Listed: Freiverkehr in Berlin, Düsseldorf, München, Stuttgart;
Frankfurt in Open Market (Entry Standard)

End of Announcement DGAP News-Service

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