DGAP-Adhoc

OTI Greentech AG to implement cash capital increase with subscription rights to shareholders - Seite 2

The public offering will be made without a prospectus pursuant to Section 3 No. 2 of the German Securities Prospectus Act (exemption from the obligation to publish a prospectus). Before deciding to exercise, acquire or dispose of any pre-emptive rights or acquire or dispose of shares, shareholders and investors are therefore advised to read carefully, in particular, the Securities Information Sheet of OTI Greentech AG, which will be available on the company's website (www.oti.ag) in the investor relations section after receiving approval by BaFin.

OTI Greentech AG's rights issue is managed by Small & Mid Cap Investment Bank AG, Munich.

 

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Information and Explanation of the Issuer to this News:

Together with KMI Cleaning Solutions, OTI Greentech AG offers leading technologies in both the land-based and maritime cleaning sectors. Its core business consists of chemical products and services for the maritime industry, infrastructure equipment - including tank trucks - and the oil & gas sector.

John C. Kisalus, CEO of OTI, explains: 'The acquisition of our joint venture partner KMI Cleaning Solutions Inc. is an important step in our growth strategy. The capital increase enables us to create the basis for a profitable and fast-growing business.'

Contact: OTI Greentech AG
Dr. John C. Kisalus
[e-mail]
Tel. [phone]
Potsdamer Platz 1, 7.OG
10785 Berlin

edicto GmbH
Axel Mühlhaus, Dr. Sönke Knop
[e-mail]
Tel. [phone]
Eschersheimer Landstr. 42-44
60322 Frankfurt

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04-Feb-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language:	English
Company:	OTI Greentech AG
	Friedrichstraße 79
	10117 Berlin
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.oti.ag
ISIN:	DE000A2TSL22
WKN:	A2TSL2
Listed:	Regulated Unofficial Market in Dusseldorf
EQS News ID:	1166017