The Social Chain AG
The Social Chain AG: The Social Chain AG resolves on a Capital Increase from Authorised Capital against the contribution of shares of KoRo Handels GmbH and drtv.agency GmbH
The Social Chain AG / Key word(s): Capital Increase Publication Pursuant to MAR Article 17 The founders and shareholders of KoRo Handels GmbH based in Berlin, Mr. Piran Asci and Mr. Constantinos Calios, are authorised to subscribe for 36,084 of the total 127,086 new shares to be issued. In return for the issue of the new shares, they will contribute 4.24 % each, i. e. 8.48 % in total of the share capital of KoRo Handels GmbH into the Company on the basis of a purchase and contribution agreement already concluded. Primex Holding GmbH, headquartered in Stuttgart, is authorised to subscribe for the remaining 91,002 of the total of 127,086 new shares. In return, Primex Holding GmbH will contribute a total of 30.60 % of the share capital of drtv.agency GmbH, based in Stuttgart, to the Company on the basis of a purchase and contribution agreement already concluded. With the implementation of the capital increase the Company holds the majority in drtv.agency GmbH. The issue price for the new shares to be issued is EUR 23.00 per share issued. About THE SOCIAL CHAIN AG
25-Feb-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | The Social Chain AG |
Gormannstraße 22 | |
10119 Berlin | |
Germany | |
Phone: | +49 (0)30 120840112 |
E-mail: | office@lumaland.com |
Internet: | www.lumaland.com |
ISIN: | DE000A1YC996 |
WKN: | A1YC99 |
Listed: | Regulated Unofficial Market in Dusseldorf |
EQS News ID: | 983047 |
End of Announcement | DGAP News Service |