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18.03.2019 08:40:14

DGAP-Adhoc: Mynaric AG resolves capital increase of 7.4% of the share capital against cash contributions at EUR 55.00 per share

DGAP-Ad-hoc: Mynaric AG / Key word(s): Capital Increase
Mynaric AG resolves capital increase of 7.4% of the share capital against cash contributions at EUR 55.00 per share

18-March-2019 / 08:40 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Gilching, March 18, 2019 - The Board of Directors of Mynaric AG has today resolved a capital increase with approval of the Supervisory Board. In making partial use of Authorized Capital 2017/I, it was decided, to increase the share capital of the company of Mynaric AG by a nominal amount of EUR 200,000 corresponding to approximately 7.4% of the share capital, excluding the statutory subscription rights of shareholders. The capital increase takes place against cash contributions by issuing 200,000 new bearer shares.

The new shares will be offered to an institutional investor for subscription. The placement price for the new shares is EUR 55.00 per share.

The net proceeds from the capital increase will be used to strengthen the equity base and to support further growth of Mynaric AG.

Information and Explanation of the Issuer to this News:

Contact
comms@mynaric.com
+ 49 8105 7999-0

Important information
Some of the information in this announcement may contain projections or other forward-looking statements regarding future events or the future financial performance of the Company. You can identify forward looking statements by terms such as 'expect,' 'believe,' 'anticipate,' 'estimate,' 'intend,' 'will,' 'could,' 'may' or 'might,' or, in each case, the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially. We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, general economic conditions, our competitive environment, risks associated with our industry, as well as many other risks specifically related to the Company and its operations.

18-March-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Mynaric AG
Friedrichshafener Str. 3
82205 Gilching
Germany
E-mail: comms@mynaric.com
Internet: www.mynaric.com
ISIN: DE000A0JCY11
WKN: A0JCY1
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange

 
End of Announcement DGAP News Service

788317  18-March-2019 CET/CEST

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