Ad hoc | Softing AG: Softing has decided to raise its capital

Haar, June 7th, 2017 – Today the Softing Executive Boad has decided to raise the capital of Softing from € 6.959.438,00 by up to € 695.943 to up to € 7.655.381,00 by issuing up to 695.943 new shares against cash and under the preclusion of the shareholders purchase rights. The Softing Supervisory Board has approved this decision.

The new shares are entitled to share in profits effective as of January 1st, 2017. M.M.Warburg will offer the new shares to institutional investors for purchase within a private placement. The exact number of shares being issued and the purchase price per share will be defined by the Softing Executive Board after the completion of an accellerated bookbuilding procedure.

Softing will use the capital raised to finance product development in all segments as well as to finance small and medium sized acquisitions, expected in the remaining time of 2017, in combination with debt.

The Executive Board

 

This information is not intended for distribution or publication in the United States of America, Canada, Australia, Japan or South Africa or other countries where such publication would be contrary to law. The distribution of this ad hoc communication may be restricted by law or regulation in some countries, and any person in possession of this document or of information referred to therein should inform himself about and observe any such restriction. Non-compliance with such restrictions may be a violation of capital market law in such countries.

This announcement does not constitute any solicitation of any offer or invitation to buy securities in the United States of America, Germany or any other country. Neither this publication nor its content may be used for an offer in any country. The securities referred to herein have not been nor will be registered under the United States Securities Act of 1933 as amended (the ‘Securities Act’) and may not be offered or sold unless they are registered under the Securities Act or an exemption from such registration is available. The securities will not be registered under the Securities Act. There will be no public offer of securities in the United States of America.

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Softing

Phone:  +49 89 4 56 56-0

Fax:  +49 89 4 56 56-399
Email:  info[at]softing[dot]com

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