DGAP-News: Borussia Dortmund GmbH & Co. KGaA / Key word(s): Capital Increase Borussia Dortmund GmbH & Co. KGaA places app. 24.45 million new shares in a capital increase for a subscription price of 4.66 EUR per share
09.09.2014 / 20:01
A total of 24,454,989 new shares for a subscription price of EUR 4.66 each has been placed within the framework established by the resolution passed on 21 August 2014, which resolution made use of the authorised capital of Borussia Dortmund GmbH & Co. KGaA (the "Company"). 9,599,949 new shares (representing app. 39.3 per cent of all new shares) were placed by way of limited shareholders of the Company exercising their subscription rights. The other 14,855,040 new shares will be acquired by three strategic investors by way of a non-public private placement performed today. Through this corporate action, the Company will receive new liquidity (before deduction of costs) in the amount of app. EUR 114 million.
All further steps required for the completion of this capital increase will now be executed. Once the capital increase has been performed and become effective through its registration in the Commercial Register, the Company's stock capital will have been increased to EUR 92.0 million (consisting of 92.000.000 non-par value shares). This has been the target value of the stock capital aimed at by the Management, so that the result of the corporate action presents itself as an all-around successful full placement.
Evonik Industries AG of Essen, which company had acquired 6,120,011 shares in the Company in July 2014, has now, by exercising its subscription rights and in the course of the private placement, acquired additional 7,480,498 new shares and thus become the biggest single limited shareholder in the Company with an app. 14.78 per cent share of the voting rights, followed by Mr. Bernd Geske with an app. 8.21 per cent share of the voting rights and Ballspielverein Borussia 09 e.V. Dortmund with an app. 5.53 per cent share of the voting rights, each based on the increased stock capital. Following their acquisition of shares in the course of the private placement, SIGNAL IDUNA Allgemeine Versicherung Aktiengesellschaft of Dortmund with an app. 5.43 per cent share of the voting rights and PUMA SE of Herzogenaurach with an 5.0 per cent share of the voting rights in the increased stock capital will be further new and significant limited shareholders in the Company.
The delivery of the new shares to be issued and the respective accounting are likely to take place on 16 September 2014, but in no case earlier than after their listing on the stock exchange which listing is expected to occur on 15 September 2014.
Close Brothers Seydler Bank AG, Frankfurt am Main, acted as Sole Global Coordinator and Sole Lead Manager on the transaction.
Dortmund, 9 September 2014
Borussia Dortmund GmbH & Co. KGaA Borussia Dortmund Geschäftsführungs-GmbH
Borussia Dortmund GmbH & Co. KGaA
Rheinlanddamm 207 - 209
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