Voltabox successfully completes a capital increase from the authorized capital


DGAP-News: Voltabox AG / Keyword(s): Capital Increase

Voltabox successfully completes a capital increase from the authorized capital

22.02.2022 / 08:00
The issuer is solely responsible for the content of this announcement.

Voltabox successfully completes a capital increase from the authorized capital

Paderborn, February 22, 2022 – Voltabox SA [“Voltabox” or the “Company”; ISIN DE000A2E4LE9] successfully carried out the capital increase from the authorized capital which was decided yesterday. In total, 1,582,500 new shares were issued at a price of ? 1.30 per new share (the “Placement Price”). The price is above the 5-day weighted average price and the closing price of Voltabox shares on the Tradegate Exchange on February 18, 2022, the last trading day before resolution. Based on the careful assessment of the board of directors, the placement price is therefore not significantly lower than the stock market price in accordance with § 186 (3) sentence 4 of the German Joint Stock Company Act (AktG ). Following the issue of 1,582,500 new bearer shares without nominal value, the Company’s share capital is now increased to ? 17,407,500.

The Company will receive gross issue proceeds of ? 2,057,250 from the capital increase. The net proceeds will be used by the Company to strengthen its equity and, as part of its realignment, to finance its operating activities.

The admission of the New Shares to trading on the regulated market of the Frankfurt Stock Exchange with simultaneous admission to the sub-segment of the regulated market with additional post-admission obligations (Prime Standard) is scheduled for the beginning of next week. The New Shares will carry full dividend rights from January 1, 2021.

The placement of the New Shares was accompanied by Quirin Privatbank AG.

Über die Voltabox AG

Die im Regulierten Markt (Prime Standard) der Deutsche Börse AG in Frankfurt aM notierte Voltabox AG (ISIN DE000A2E4LE9) ist ein technologiegetriebener Anbieter für Elektromobilitätslösungen in industrialen Anwendungen. Kerngeschäft sind sichere, hochentwickelte und leistungsstarke Batteriesysteme auf Lithium-Ionen-Basis, die modular und in Serie gefertigt werden. Die Batteriesysteme finden vor allem Verwendung in Bussen für den Personennahverkehr sowie in Land- und Baumaschinen.

Contact

Voltabox SA

Jürgen Pampel (CEO)
Technology Park 32
33100 Paderborn
Email: [email protected]

22.02.2022 Broadcast of a Corporate News, transmitted by the DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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