DELTICOM AG Publication of insider information pursuant to Art. 17(1) of Regulation (EU) No 596/2014 on Market Abuse (Market Abuse Regulation - MAR)
NOT FOR DISTRIBUTION, PUBLICATION OR TRANSMISSION, DIRECTLY OR INDI-RECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH DISTRIBUTION OR PUBLI-CATION WOULD BE UNLAWFUL. PLEASE READ THE IMPORTANT NOTICES AT THE END OF THIS DISCLOSURE.
Hanover, May 18, 2021 - In view of the successful restructuring process, Delticom AG's Management Board today decided to prepare a possible prospectus-free capital increase (granting and/or excluding subscription rights) from authorised capital.
The final decision on the implementation, timing and scope of a possible share issue will be made by the Management Board with the approval of the Supervisory Board, taking into account, among other things, the current market environment. In this context, Delticom AG has commissioned Bankhaus Metzler to sound out the capital market.
Any cash inflows are to be used to strengthen the equity ratio as well as to repay loans and to create new financing and growth opportunities. The company will discontinue other processes to raise equity depending on the volume of the placement.
Further publications will be made in due course.
The Management Board
Hanover, May 18, 2021
Notifying person: Melanie Becker, Investor Relations
About Delticom:
With the brand Reifendirekt, Delticom AG is the leading company in Europe for the online distribution of tyres and complete wheels.
The product portfolio for private and business customers comprises an unparalleled range of more than 600 brands and around 18,000 tyre models for cars and motorcycles. Complete wheels and rims complete the product range. The company operates 410 online shops and online distribution platforms in 74 coun-tries, serving more than 15.9 million customers.
As part of the service, the ordered products can be sent to one of Delticom's approximately 38,000 work-shop partners worldwide for mounting at the customer's request.
Based in Hanover, Germany, the company operates primarily in Europe and the USA and has extensive expertise in the development and operation of online shops, internet customer acquisition, internet market-ing and the establishment of partner networks.
Since its foundation in 1999, Delticom has built up comprehensive expertise in designing efficient and fully integrated ordering and logistics processes. The company's own warehouses are among its most im-portant assets.
In fiscal year 2020, Delticom AG generated revenues of around 541 million euros. At the end of last year, the company employed 177 people.
The shares of Delticom AG have been listed in the Prime Standard of the German Stock Exchange since October 2006 (ISIN DE0005146807).
On the internet at: www.delti.com
Disclaimer:
This announcement constitutes neither an offer to sell nor a solicitation of an offer to buy securi-ties. If a public offer were to be made in Germany, it would be made exclusively through and on the basis of a securities prospectus to be published.
In particular, this communication is not an offer to sell securities in the United States. Securities may not be offered or sold in the United States absent registration under the Securities Act of 1933, as amended, or an exemption from registration. The securities referred to in this disclo-sure are not and will not be registered under the Securities Act. There will be no public offering of securities in the United States.
In the United Kingdom, this communication is directed only at persons who (i) are outside the United Kingdom and/or (ii) are qualified investors as defined in Article 2(e) of European Regulation (EU) 2017/1129 in the way it is part of national law by virtue of the European Union (Withdrawal) Act 2018, and who have professional experience in investment matters, who fall within the definition of 'investment professionals' in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the 'Regulation'), or are persons falling within Article 49(2)(a) to (d) of the Regulation ('high net worth companies, unincorporated associations, etc.') or who fall within any other exception to the Regulation (all persons referred to in (i) to (ii) together being referred to as 'Relevant Persons'). Persons who are not Relevant Persons should not act or rely on this disclosure or any part of its contents. All investments and investment activities referred to in this disclosure are available only to Relevant Persons and will be engaged in only with Relevant Persons.
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Delticom AG published this content on 18 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 May 2021 13:43:06 UTC.
