DWK Deutsche Wasserkraft AG
ISIN: DE000A2AAB74
WKN: A2AAB7
03 December 2024 04:09PM

EQS-News: DWK Deutsche Wasserkraft AG launches cash capital increase with subscription rights offer

DWK Deutsche Wasserkraft AG · ISIN: DE000A2AAB74 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 2043483

EQS-News: DWK Deutsche Wasserkraft AG / Key word(s): Capital Increase
DWK Deutsche Wasserkraft AG launches cash capital increase with subscription rights offer

03.12.2024 / 16:09 CET/CEST
The issuer is solely responsible for the content of this announcement.


 

DWK Deutsche Wasserkraft AG launches cash capital increase with subscription rights offer

 

- Public offer for cash capital increase with subscription rights runs from 4 December to 17 December

 

- A total of 552,116 new shares will be offered at a subscription price of EUR 1.60; the subscription ratio is 4:1

 

- Emission proceeds are to be used for further strategic growth

 

- Acquisition of Antares Hydropower by means of a capital increase in kind is still planned

 

 

Hamburg, 3 December 2024 – DWK Deutsche Wasserkraft AG (‘DWK’, ISIN: DE000A2AAB74) announces the start of the subscription rights offering of its cash capital increase from authorized capital. Accordingly, the offering period begins on 4 December 2024 (0:00 hours) and ends on 17 December (24:00 hours). During this period, 552,116 new bearer shares will be offered, which can be subscribed to by existing DWK shareholders only at a subscription price of EUR 1.60 (see ad hoc announcement dated 1 October 2024).

 

The subscription right of shareholders was set at a ratio of 4:1, i.e. four shares held by a shareholder entitle the shareholder to subscribe to one new share. Any new shares not subscribed for on the basis of the subscription right will be offered to existing shareholders willing to subscribe to the subscription offer at the same time as the subscription offer for oversubscription at the fixed subscription price. Furthermore, DWK has already received binding commitments from shareholders of the company, with whom a takeover of all new shares is guaranteed (backlog agreement). The gross issue volume of the transaction is up to EUR 883,385. DWK plans to use the funds from the capital increase to accelerate its further strategic growth.

 

The cash capital increase with rights offering is in line with the company's strategic repositioning – DWK has positioned itself as an independent hydropower generator in Germany and is focusing on the rapidly growing market for run-of-river power plants in the size segment of up to 10 megawatts in Scandinavia and the DACH region.

DWK is being supported by mwb fairtrade Wertpapierhandelsbank AG in this capital increase.

 

In addition to the cash capital increase, DWK will also carry out a capital increase of EUR 218,750 against contributions in kind in the coming weeks (see ad hoc announcement dated 1 October 2024). In the course of this, all shares in ANTARES Hydropower Norway AS (‘Antares’) are to be acquired. Antares is owned by the two DWK board members Jan Erik Schulien and Henning Rath and, as a service provider, advises investors on the acquisition, operation and sale of hydroelectric power plants.

 

 

Press contact and investor relations

edicto GmbH

Ralf Droz / Svenja Liebig

+49 69 90550 556

rdroz@edicto.de

 



03.12.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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


Language: English
Company: DWK Deutsche Wasserkraft AG
Schopenstehl 22
20095 Hamburg
Germany
Phone: +49 40 8541 6868
Fax: +49 40 679 580-52
E-mail: info@deutschewasserkraft.com
Internet: www.deutschewasserkraft.com
ISIN: DE000A2AAB74, DE000A289VN8
WKN: A2AAB7, A289VN
Listed: Regulated Unofficial Market in Hamburg
EQS News ID: 2043483

 
End of News EQS News Service

2043483  03.12.2024 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 0,00 0,00 0,00 0,00 0,00 0,00 0,00
EBITDA1,2 0,00 0,00 0,00 0,00 -0,12 0,00 0,00
EBITDA-Margin3 0,00 0,00 0,00 0,00 0,00 0,00 0,00
EBIT1,4 0,00 0,00 0,00 0,00 -0,12 0,00 0,00
EBIT-Margin5 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Net Profit (Loss)1 0,00 0,00 0,00 0,00 -0,15 0,00 0,00
Net-Margin6 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Cashflow1,7 0,00 0,00 0,00 0,00 -0,15 0,00 0,00
Earnings per share8 -0,16 -0,30 -0,04 -0,08 -0,08 -0,05 -0,09
Dividend per share8 0,00 0,00 0,00 0,00 0,00 0,00 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: Schwarz Suborg

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
DWK Deutsche Wasserkraft
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
A2AAB7 DE000A2AAB74 AG 4,86 Mio € 30.03.2006 9F5FGXXX+FG
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
0,00 0,00 0,00 -31,43 4,76 -33,05 0,00
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,00 0,00 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
12.07.2024
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
+0,00%
2,20 €
ATH 3,80 €
-8,03% +36,22% +144,44% +144,44% -4,35%

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