Realization of a capital increase by contributions in kind resolved


cyan AG / Keyword(s): Capital Increase
cyan AG: Implementation of a capital increase by contributions in kind resolved

21-Feb-2022 / 14:01 CET/CEST
Disclosure of privileged information according to. in Article 17 MAR of Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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cyan AG: Implementation of a capital increase by contributions in kind resolved

Munich, February 21, 2022 – cyan AG has today entered into an agreement with a creditor of the Company pursuant to which the creditor’s claim in the amount of EUR 3,940,000.00 will be contributed to the Company by means of a capital increase against contributions in kind in exchange for 1,503,816 shares. The Company therefore intends to increase the share capital by EUR 1,503,816.00 from EUR 13,385,884.00 to EUR 14,889,700.00 by issuing 1,503,816 shares at an issue price of 2.62 EUR against a contribution in kind. Shareholder subscription rights are excluded. The capital increase against contributions in kind must be carried out as soon as possible.

Information and explanations from the issuer to this news:

About Cyan

cyan AG (XETR: CYR) is a leading global provider of intelligent cybersecurity solutions and platforms (BSS/OSS) for telecommunications companies with more than 15 years of experience in the IT industry. The main areas of activity of the company are IT security solutions for end customers of mobile and fixed Internet service providers (MNO, ISP), mobile virtual network operators (MVNO) and financial service providers. The solutions provided by cyan are white-labeled into the infrastructure of business partners, who then offer them to their end customers in a B2B2C model, under their own brand.

Today, the group has many international customers, through which cyan’s products are distributed to end customers. In the process, cyan can offer a range of solutions across the value chain, from platform to data optimization to cybersecurity. In addition, cyan operates its own research and development center with the aim of identifying industry trends at an early stage and developing optimal product solutions. In addition to Orange, cyan’s customers include, among others, Claro Chile (América Móvil Group) as well as the telecommunications group Magenta (T-Mobile).

Further information is available at www.cyansecurity.com.

Investor relations of cyan AG:

cyan S.A.
Phone. +49 89 71042 2073
Email: [email protected]

cyan AG Media and Press:

Better Orange IR & HV AG
Phone. +49 89 88 96 906 17
Email: [email protected]

February 21, 2022 CET/CEST DGAP distribution services include regulatory announcements, financial/corporate news and press releases.
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