EQS-Adhoc: DWK Deutsche Wasserkraft: Transfer of Antares Hydropower Norway AS in return for a contribution in kind and a cash capital increase from authorised capital
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EQS-Ad-hoc: DWK Deutsche Wasserkraft AG / Key word(s): Capital Increase Public disclosure of inside information in compliance with Article 17 of Regulation (EU) No. 596/2014 DWK Deutsche Wasserkraft: Transfer of Antares Hydropower Norway AS in return for a contribution in kind and a cash capital increase from authorised capital Hamburg, 1 October 2024 – DWK Deutsche Wasserkraft AG (‘DWK’, ISIN: DE000A2AAB74) intends to resolve in the near future a capital increase against contributions in kind of up to EUR 350,000.00 by issuing up to 350,000 new shares from the authorised capital, excluding shareholders‘ subscription rights, to acquire Antares Hydropower Norway AS (capital increase against contribution in kind"). DWK Management Board members Jan Erik Schulien and Henning Rath are to be admitted to the subscription as all shareholders of Antares Hydropower Norway AS (‘Target Company’), based in Oslo, in return for the contribution of all shares in the Target Company. The Target Company is to be contributed to DWK as a contribution in kind based on an expected valuation in the mid-six-figure euro range. After finalisation of the valuation report, the specific details of the capital increase against contribution in kind are to be determined and resolved. Furthermore, DWK's Management Board and Supervisory Board today decided to implement a capital increase against cash contributions by issuing new shares from the authorised capital while granting subscription rights (‘Offer’). The issue volume amounts to up to EUR 883,385.60. Up to 552,116 new shares will be issued at a subscription price of EUR 1.60 per share, each with a nominal value of EUR 1.00. This corresponds to a discount of approx. 40% on the closing price of DWK shares on the Hamburg Stock Exchange on the last trading day prior to the resolution. The subscription ratio is 4:1, i.e. four old shares entitle the holder to subscribe to one new share. The option of oversubscription is granted. The subscription offer is to be published in the coming weeks. The proceeds from the cash capital increase are to be used for the further structural development of the company. Board of directors DWK Deutsche Wasserkraft AG
End of Inside Information Information and Explanation of the Issuer to this announcement: Explanatory part Antares Hydropower Norway AS (‘Antares’) is a hydropower asset and investment manager with roots in Norway and Germany. Antares supports operators and investors in the acquisition, operation and sale of hydropower plants in Norway, Germany and Austria. Antares has long-standing and sustainable access to the most important European hydropower locations and the relevant market participants. In this regard, Antares focuses on smaller run-of-river power plants in Scandinavia and the Alpine region. The company supports investors and manages individual assets, portfolios and investment vehicles. It currently has several ongoing mandates with institutional investors and family offices. The team covers the core areas of corporate finance, operations management and engineering.
About DWK Deutsche Wasserkraft AG DWK Deutsche Wasserkraft AG is a German-Norwegian energy company focusing on hydropower. It is focused on the development, acquisition and operation of small-scale run-of-river hydropower plants in Europe, primarily in Norway. With hydropower, DWK relies on an energy source that is characterised by a unique combination of high environmental compatibility and maximum efficiency and energy yield over the entire life cycle. DWK is the first independent hydropower producer to be listed on the stock exchange in Germany. The company has a management team with many years of expertise in the hydropower industry. DWK aims to build and continuously expand its own portfolio of small-hydro power plants. Press contact and Investor Relations edicto GmbH Ralf Droz / Svenja Liebig +49 69 90550 556 DWK@edicto.de
01-Oct-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | DWK Deutsche Wasserkraft AG |
| Schopenstehl 22 | |
| 20095 Hamburg | |
| Germany | |
| Phone: | +49 40 679 580-53 |
| Fax: | +49 40 679 580-52 |
| E-mail: | info@dwkag.ag |
| Internet: | www.deutschewasserkraft.com |
| ISIN: | DE000A2AAB74, DE000A289VN8 |
| WKN: | A2AAB7, A289VN |
| Listed: | Regulated Unofficial Market in Hamburg |
| EQS News ID: | 1999673 |
| End of Announcement | EQS News Service |
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1999673 01-Oct-2024 CET/CEST
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 | |
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.
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| 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 |
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Dividend '2022 in € |
Dividend '2023 in € |
Dividend '2024e in € |
Div.-Yield '2024e in % |
| 0,00 | 0,00 | 0,00 | 0,00% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 12.07.2024 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| -8,03% | +36,22% | +144,44% | +144,44% | -4,35% |
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