DGAP-Adhoc
MPC Münchmeyer Petersen Capital AG successfully completes cash capital increase with exclusion of subscription rights using part of the authorised capital
DGAP-Ad-hoc: MPC Münchmeyer Petersen Capital AG / Key word(s): Capital Increase
DISCLOSURE OF AN INSIDE INFORMATION PURSUANT TO ARTICLE 17 OF THE MARKET ABUSE REGULATION (MAR) |
MPC Münchmeyer Petersen Capital AG successfully completes cash capital increase with exclusion of subscription rights using part of the authorised capital
Hamburg, 8 January 2021 - The Management Board of MPC Münchmeyer Petersen Capital AG ("MPC Capital AG"), Deutsche Börse Scale, ISIN DE000A1TNWJ4, has successfully completed the placement of new shares from a capital increase against cash contributions with the exclusion of subscription rights, announced in an ad hoc announcement dated 7 January 2021, today. The Company issued a total of 1,777,778 new shares against cash contributions and placed them at a price of EUR 2.25 per share.
The share capital of the Company is thus increased by EUR 1,777,778.00 from EUR 33,470,706.00 to EUR 35,248,484.00 by issuing 1,777,778 new no-par value bearer shares, making partial use of the "Authorised Capital 2018". The shareholders' subscription rights were excluded. Subject to the registration of the implementation of the capital increase in the commercial register, the gross issue proceeds will amount to EUR 4 million. The entry in the commercial register will be made shortly.
MPC Capital AG will use the proceeds from the issue primarily to refinance part of its co-investment in MPC Energy Solutions. MPC Energy Solutions had raised around USD 100 million in a private placement to invest in renewable energy generation projects. The projects will include PV and wind farms, energy storage, cogeneration and other infrastructure that will help reduce energy consumption and CO2 emissions.