Softing AG
ISIN: DE0005178008
WKN: 517800
25 September 2024 11:26AM

EQS-Adhoc: Softing AG Resolves Cash Capital Increase from Authorized Capital with Exclusion of Subscription Rights

Softing AG · ISIN: DE0005178008 · EQS - adhoc news
Country: Germany · Primary market: Germany · EQS NID: 1995485

EQS-Ad-hoc: Softing AG / Key word(s): Capital Increase
Softing AG Resolves Cash Capital Increase from Authorized Capital with Exclusion of Subscription Rights

25-Sep-2024 / 11:26 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Inside information pursuant to Article 17 MAR (Ad hoc announcement)

NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN, OR IN OR INTO ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. OTHER RESTRICTIONS APPLY.

Softing AG Resolves Cash Capital Increase from Authorized Capital with Exclusion of Subscription Rights

Haar/ Munich, September 25, 2024 - The Management Board of Softing AG, with the approval of the Supervisory Board, today resolved to increase the Company's share capital by EUR 820,500.00 from EUR 9,105,381.00 to EUR 9,925,881.00 by issuing 820,500 new no-par value bearer shares with a nominal share of the share capital of EUR 1.00 ("New Shares") against cash contributions. The shareholders' subscription rights were excluded in accordance with Section 4 (3) sentence 3 of the company's statutes in accordance with Sections 203 (1) and 186 (3) sentence 4 of the German Aktiengesetz. The New Shares will be offered to an investor for purchase at an issue price of EUR 4.60 per share. The New Shares will carry full dividend rights from 1 January 2024.

The company plans to use the net proceeds from the capital increase to finance further growth.

The New Shares are to be admitted to trading on the regulated market (Prime Standard) of the Frankfurt Stock Exchange without a prospectus shortly after the registration of the implementation of the capital increase.

 

Contact:

Dr. Wolfgang Trier

Chairman

 

End of inside information

______________________________________________________________________________

Important notes

This announcement is for information purposes only and does not constitute an offer to buy, sell, exchange or transfer any securities or the solicitation of an offer to buy securities of Softing AG in the United States of America or any other jurisdiction. The securities of Softing AG referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold in the United States of America except pursuant to an exemption from the registration requirements of the Securities Act. Neither Softing AG nor any other party to the transaction described herein intends to register any securities described herein under the Securities Act or with any securities regulatory authority of any state or other jurisdiction in the United States of America in connection with this announcement. The securities may not be offered in any jurisdiction in circumstances requiring the preparation or registration of a prospectus or offering documents relating to the securities in such jurisdiction.

Subject to certain exemptions under the Securities Act, the securities referred to in this announcement may not be offered or sold in Australia, Canada or Japan, or to, or for the account or benefit of, any person resident or resident in Australia, Canada or Japan.

This release contains forward-looking statements that are subject to certain risks and uncertainties. Future results may differ materially from those currently anticipated due to various risk factors and uncertainties, such as changes in business, economic and competitive conditions, exchange rate fluctuations, uncertainties regarding litigation or investigations, and the availability of financing. Softing AG assumes no responsibility to update the forward-looking statements contained in this release.



End of Inside Information

25-Sep-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Softing AG
Richard-Reitzner-Allee 6
85540 Haar
Germany
Phone: +49 (0)89 456 56-333
Fax: +49 (0)89 456 56-399
E-mail: InvestorRelations@softing.com
Internet: www.softing.com
ISIN: DE0005178008
WKN: 517800
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1995485

 
End of Announcement EQS News Service

1995485  25-Sep-2024 CET/CEST

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Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 83,89 91,07 77,60 84,69 98,31 112,60 91,00
EBITDA1,2 9,02 12,12 7,76 9,07 9,73 13,92 8,90
EBITDA-Margin3 10,75 13,31 10,00 10,71 9,90 12,36 9,78
EBIT1,4 4,08 4,30 -3,93 -0,48 0,76 -2,72 0,10
EBIT-Margin5 4,86 4,72 -5,06 -0,57 0,77 -2,42 0,11
Net Profit (Loss)1 3,33 2,93 -4,58 -0,07 -1,18 -5,71 -1,15
Net-Margin6 3,97 3,22 -5,90 -0,08 -1,20 -5,07 -1,26
Cashflow1,7 9,43 10,37 4,91 11,05 3,82 9,10 8,60
Earnings per share8 0,38 0,31 -0,50 0,01 -0,13 -0,63 -0,12
Dividend per share8 0,13 0,04 0,04 0,10 0,10 0,13 0,00
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: Rödl & Partner

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
©boersengefluester.de
Softing
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
517800 DE0005178008 AG 30,17 Mio € 16.05.2000 Halten 8FWH4P7M+V8
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
15,20 19,01 0,80 23,94 0,62 3,32 0,27
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,10 0,13 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
08.05.2024 07.05.2024 14.08.2024 12.11.2024 28.03.2024
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
+0,00%
3,04 €
ATH 30,98 €
-20,92% -33,57% -43,70% -43,18% -79,03%

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