Altech Advanced Materials AG
ISIN: DE000A31C3Y4
WKN: A31C3Y
28 October 2024 02:09PM

EQS-Adhoc: Altech Advanced Materials AG: Capital increase with subscription rights with an issue volume of around 788 k EUR has been completed. Private placement runs until October 31, 2024

Altech Advanced Materials AG · ISIN: DE000A31C3Y4 · EQS - adhoc news
Country: Germany · Primary market: Germany · EQS NID: 2017239

EQS-Ad-hoc: Altech Advanced Materials AG / Key word(s): Corporate Action
Altech Advanced Materials AG: Capital increase with subscription rights with an issue volume of around 788 k EUR has been completed. Private placement runs until October 31, 2024

28-Oct-2024 / 14:09 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.


Altech Advanced Materials AG ("AAM" or the "Company") (FRA: AMA) announces that in the period from October 10, 2024 to October 24, 2024 a rights issue was carried out by issuing up to 1,460,500 new registered shares at a subscription price of EUR 2.40 per new share. Subscription rights and oversubscription rights totalling 328,432 shares were subscribed by the beneficiaries, which corresponds to an issue volume of EUR 788,236.80. The private placement of shares not subscribed to as part of the rights offering will run until October 31, 2024.

As already announced on October 2, 2024 in the capital market announcement on the capital increase, it is foreseeable that the short-term financing requirements to be provided by our company for the CERENGERY project will amount to around EUR 1.0 million. For the Silumina Anodes project, the share that AAM will have to contribute is around EUR 0.9 million.

If no further funds can be raised in the current private placement of AAM to raise the minimum of around EUR 1.9 million, the company will not have sufficient funds to fulfil its pro rata co-financing of 25% of AIG (Silumina Anodes) and ABG (CERNERGY) until the expected financial close ("conclusion of binding financing commitments") for the CERENERGY project in Q1/Q2 2025. This would likely result in a dilution of the shareholdings in the aforementioned companies. However, the targeted financial close for the CERENERGY project is itself still subject to considerable uncertainty.

The Management Board

Altech Advanced Materials AG
Management Board: Iggy Tan, Uwe Ahrens, Hansjörg Plaggemars
Ziegelhäuser Landstraße 3
69120 Heidelberg
info@altechadvancedmaterials.com
Tel: + 49 6221 649 2482
www.altechadvancedmaterials.com

About Altech Advanced Materials AG
Altech Advanced Materials AG (ISIN: DE000A31C3Y4), based in Frankfurt am Main, is a holding company listed on the regulated market of the Frankfurt Stock Exchange. The company's aim is to participate in the solid-state battery market for stationary battery applications with CERENERGY.

Another focus is on lithium-ion batteries. An innovative anode material based on high-purity aluminum oxide (HPA) - Silumina Anodes - is intended to significantly increase the performance of this battery for electromobility.

Further information can be found at: www.altechadvancedmaterials.com

Press contact
Ralf Droz / Doron Kaufmann, edicto GmbH
Phone: +49 (0) 69 905505-54
E-Mail: AltechAdvancedMaterials@edicto.de



End of Inside Information

28-Oct-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: Altech Advanced Materials AG
Ziegelhäuser Landstraße 3
69120 Heidelberg
Germany
Phone: +49 6221 6492482
E-mail: info@altechadvancedmaterials.com
Internet: www.altechadvancedmaterials.com
ISIN: DE000A31C3Y4
WKN: A31C3Y
Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Tradegate Exchange
EQS News ID: 2017239

 
End of Announcement EQS News Service

2017239  28-Oct-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 0,11 0,14 0,02 0,00 0,00 0,08 0,00
EBITDA1,2 0,23 -0,33 -0,62 -0,73 -0,78 -1,50 0,00
EBITDA-Margin3 209,09 -235,71 -3.100,00 0,00 0,00 -1.875,00 0,00
EBIT1,4 0,18 -0,41 -0,62 -0,73 -1,28 -1,50 0,00
EBIT-Margin5 163,64 -292,86 -3.100,00 0,00 0,00 -1.875,00 0,00
Net Profit (Loss)1 0,18 -0,41 -0,62 -0,88 -1,43 -1,65 0,00
Net-Margin6 163,64 -292,86 -3.100,00 0,00 0,00 -2.062,50 0,00
Cashflow1,7 -0,15 0,03 -1,31 -0,75 -0,69 -0,98 0,00
Earnings per share8 0,11 -0,38 -0,24 -0,16 -0,20 -0,22 -0,25
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: Nexia

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
Altech Advanced Materials
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
A31C3Y DE000A31C3Y4 AG 22,50 Mio € 13.07.2011 Kaufen 8FXCCP86+63
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
0,00 10,00 0,00 -21,52 4,47 -22,98 288,48
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
11.06.2024 19.07.2024 18.04.2024
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
+1,43%
2,84 €
ATH 17,50 €
-4,86% -33,75% -67,54% -67,36% -78,15%

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