COLT CZ GROUP SE REGULATORY ANNOUNCEMENT
Colt CZ Group SE: Announcement about the capital increase and issue of new shares
Prague, December 15, 2023 - Colt Group SE ("Colt CZ", the "Group" or the "Company") hereby announces that on December 15, 2023, it registered the increase of Company's share capital by CZK 36,803 by issue of 368,038 new book-entry shares.
The issue price of one new share was determined as the closing price at which the Company's shares were traded on December 12, 2023, on the Prague Stock Exchange and thus corresponds to the amount of CZK 525 per share.
The shares which were subscribed in the capital increase based on the authorization of the Company's Board of Directors, had been offered for a subscription to a pre-selected prospective buyer, i.e., without the exercise of the pre-emptive right. The shares were issued in connection with the provision of a consideration in the settlement of the acquisition of 100% stake in Colt Holding Company LLC in 2021. The increase in the share capital was approved by the Company's Board of Directors based on the authorization by the General meeting.
By issuing 368,038 of new shares, the total number of shares issued by the Company has increased from 34,789,372 to 35,157,410. The dilutive effect on ownership percentage can be demonstrated as follows:
Existing shareholding | Diluted shareholding | |
(i.e., shareholding before increase | ||
No. of shares owned | (i.e., shareholding after increase of | |
of the Company's registered | ||
the Company's registered capital) | ||
capital) | ||
1,000 | 0.0029% | 0.0028% |
10,000 | 0.0287% | 0.0284% |
100,000 | 0.2874% | 0.2844% |
1,000,000 | 2.8744% | 2.8444% |
As a result of the capital increase, the free float has slightly changed and increased to 24.6%. The stake held by the majority shareholder Česká zbrojovka Partners SE equals to 75.4% after the new share issuance.
Colt CZ Group SE | náměstí Republiky 2090/3a, 110 00 Prague 1, Czech Republic | TIN 29151961 | VAT CZ 29151961
Registered in Commercial Register kept by the Municipal Court in Prague, File H 962 | coltczgroup.com |
About Colt CZ Group SE
Colt CZ Group (Colt CZ) is one of the leading producers of firearms and ammunition for military and law enforcement, personal defense, hunting, sport shooting, and other commercial use. It markets and sells its products mainly under the Colt, CZ (Česká zbrojovka), Colt Canada, CZ-USA, Dan Wesson, Spuhr, swissAA and 4M Systems brands.
Colt CZ Group is headquartered in the Czech Republic and employs more than 2,000 people in its production facilities in the Czech Republic, the United States, Canada, Sweden, Switzerland, and Hungary. Colt CZ is owned by Česká zbrojovka Partners SE from 75.4%, with the remaining 24.6% being a free float.
Contact for investors Klára Šípová Investor Relations Colt CZ Group SE Phone: + 420 724 255 715
email: sipova@coltczgroup.com
Contact for media Eva Svobodová External Relations Director Colt CZ Group SE Phone: +420 735 793 656
email: media@coltczgroup.com
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Colt CZ Group SE published this content on 15 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 December 2023 23:02:40 UTC.
