Heidelberg Pharma AG
WILEX AG successfully completes rights issue
DGAP-News: WILEX AG / Key word(s): Capital Increase PRESS RELEASE WILEX AG successfully completes rights issue Munich, Germany, 11 May 2017 – The Executive Management Board of WILEX AG (ISIN DE000A11QVV0 and DE000A2E4SX4) today decided – with the Supervisory Board’s approval – to set the final scope of the rights issue to be executed to a total of 2,040,816 new shares. WILEX’s shareholders exercised their subscription and additional subscription rights for 2,040,816 new no par value bearer shares at a price of EUR 2.45 per share by the end of the subscription period on 10 May 2017. Thereby, shareholders exercised subscription rights for a total of 1,257,632 new shares. This meant that 783,184 new shares were available for additional subscription by shareholders, which have been fully placed to the shareholders through the custodian banks in connection with the capital increase. The Company’s main shareholder – dievini Hopp BioTech holding GmbH & Co. KG, Walldorf – exercised all of its subscription rights and subscribed to more shares under additional subscription. Dr Jan Schmidt-Brand commented: “This rights issue is one step to execute the EUR 10 million commitment from our main shareholder, dievini, made earlier this year. With the funds raised in this capital increase, we are able to continue critical work to advance our lead product candidate, HDP-101. We are grateful to our shareholders for their support and trust.” The rights offering will increase the Company’s share capital by EUR 2,040,816.00, from EUR 12,927,564.00 to EUR 14,968,380.00, once it has been entered in the Commercial Register. WILEX AG plans to use the expected gross proceeds from the rights issue of almost EUR 5.0 million mainly to finance the preclinical development of its proprietary ATAC candidate HDP-101 and to establish the GMP manufacturing process for Antibody Targeted Amanitin Conjugates (ATACs). The subscribed and allotted shares are expected to be delivered on 18 May 2017, but no earlier than after their admission to trading on the Regulated Market (Prime Standard). The new shares are due to be included in trading on 18 May 2017. All new shares carry dividend rights from 1 December 2016. Given this difference in dividend rights, the new shares will be traded separately under the ISIN DE000A2E4SX4 / WKN A2E 4SX until the planned inclusion in the Company’s current listing, which will take place after the Annual General Meeting (expected on 20 July 2017) adopting resolutions regarding the 2015/2016 financial year. Baader Bank AG, Unterschleissheim was the sole lead manager of the capital increase.
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11.05.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | WILEX AG |
Grillparzerstr. 18 | |
81675 München | |
Germany | |
Phone: | +49 (0)89 41 31 38 – 0 |
Fax: | +49 (0)89 41 31 38 – 99 |
E-mail: | info@wilex.com |
Internet: | www.wilex.com |
ISIN: | DE000A11QVV0 |
WKN: | A11QVV |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
End of News | DGAP News Service |