DGAP-News
ORCO Germany S.A.: Announcement of Participation Results in EUR 36M Capital Raise after Second Subscription Period
DGAP-News: ORCO Germany S.A. / Key word(s): Capital Increase
ORCO Germany S.A.: Announcement of Participation Results in EUR 36M
Capital Raise after Second Subscription Period
16.04.2014 / 18:02
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ORCO GERMANY S.A.: Announcement of Participation Results in EUR 36M Capital
Raise after Second Subscription Period
Prague, 16 April 2014. Following its press releases of 5, 14, 21 March and
of 9 April 2014 ORCO Germany S.A. ("OG") announces the participation
results of the 36M capital raise after the expiry the second subscription
period.
Capitalized terms used in this press release shall have the same meaning as
those defined in the press release of 14 March 2014 "ORCO GERMANY S.A. -
Procedure to Participate in EUR 36M Capital Raise".
OG announces that it has not received any Orders from Qualified
Shareholders during the second subscription period which expired at 17:00
PM CET on 15 April 2014.
As such, two Qualified Shareholders from the first subscription period,
Alchemy Special Opportunities Fund II LLP and Societe Generale, will be the
only Participating Shareholders in the New Tranche. The aggregate
subscription in the New Tranche amounts to 32,664,894 new shares for a
total subscription price of EUR 15,352,500.18.
Following the subscription period of 17 April 2014 to 24 April 2014 it is
expected that the new shares will be issued on 30 April 2014.
The implementation of this New Tranche is subject to legal and regulatory
requirements.
For more information, visit us on www.orcogermany.de
About ORCO Germany
ORCO Germany S.A. is a property company that is listed in the General
Standard on the Regulated Market at Frankfurt Stock Exchange and has its
registered office in Luxembourg. The ORCO Germany Group, which acts
consistently under its registered name of ORCO Germany, has been operating
in Germany since 2004 and concentrates on commercial property and project
development.
For further information please contact:
Press-Contact:
Kirchhoff Consult AG
Sebastian Bucher
Herrengraben 1
20459 Hamburg
T +49 40 60 91 86 18
F +49 40 60 91 86 60
E sebastian.bucher@kirchhoff.de
End of Corporate News
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16.04.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's 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: ORCO Germany S.A.
40, rue de la Vallée
L-2661 Luxembourg
Grand Duchy of Luxembourg
Phone: +49 (0)30 390 93 116
Fax: +49 (0)30 390 93 199
E-mail: patricia.jaenisch@orco-gsg.de
Internet: www.orcogermany.de
ISIN: LU0251710041
WKN: A0JL4D
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Düsseldorf, Stuttgart
End of News DGAP News-Service
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263652 16.04.2014
ORCO GERMANY S.A.: Announcement of Participation Results in EUR 36M Capital
Raise after Second Subscription Period
Prague, 16 April 2014. Following its press releases of 5, 14, 21 March and
of 9 April 2014 ORCO Germany S.A. ("OG") announces the participation
results of the 36M capital raise after the expiry the second subscription
period.
Capitalized terms used in this press release shall have the same meaning as
those defined in the press release of 14 March 2014 "ORCO GERMANY S.A. -
Procedure to Participate in EUR 36M Capital Raise".
OG announces that it has not received any Orders from Qualified
Shareholders during the second subscription period which expired at 17:00
PM CET on 15 April 2014.
As such, two Qualified Shareholders from the first subscription period,
Alchemy Special Opportunities Fund II LLP and Societe Generale, will be the
only Participating Shareholders in the New Tranche. The aggregate
subscription in the New Tranche amounts to 32,664,894 new shares for a
total subscription price of EUR 15,352,500.18.
Following the subscription period of 17 April 2014 to 24 April 2014 it is
expected that the new shares will be issued on 30 April 2014.
The implementation of this New Tranche is subject to legal and regulatory
requirements.
For more information, visit us on www.orcogermany.de
About ORCO Germany
ORCO Germany S.A. is a property company that is listed in the General
Standard on the Regulated Market at Frankfurt Stock Exchange and has its
registered office in Luxembourg. The ORCO Germany Group, which acts
consistently under its registered name of ORCO Germany, has been operating
in Germany since 2004 and concentrates on commercial property and project
development.
For further information please contact:
Press-Contact:
Kirchhoff Consult AG
Sebastian Bucher
Herrengraben 1
20459 Hamburg
T +49 40 60 91 86 18
F +49 40 60 91 86 60
E sebastian.bucher@kirchhoff.de
End of Corporate News
---------------------------------------------------------------------
16.04.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: ORCO Germany S.A.
40, rue de la Vallée
L-2661 Luxembourg
Grand Duchy of Luxembourg
Phone: +49 (0)30 390 93 116
Fax: +49 (0)30 390 93 199
E-mail: patricia.jaenisch@orco-gsg.de
Internet: www.orcogermany.de
ISIN: LU0251710041
WKN: A0JL4D
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Düsseldorf, Stuttgart
End of News DGAP News-Service
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263652 16.04.2014
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