DGAP-News: EXASOL AG / Key word(s): Capital Increase/Capital Increase
EXASOL AG SUCCESSFULLY COMPLETES A CAPITAL INCREASE
2020-12-03 / 09:46
The issuer is solely responsible for the content of this announcement.
*EXASOL AG SUCCESSFULLY COMPLETES A CAPITAL INCREASE*
· _Complete placement of 2.2m shares or 10 percent of the share capital_
· _Gross proceeds of EUR 43.3m _
*Nuremberg, Germany, 3 December 2020 *- Exasol AG (ISIN DE000A0LR9G9;
www.exasol.com [1]), a global technology company providing a
high-performance analytics database, announces that a capital increase of 10
percent of the share capital has been fully placed with institutional
investors in an accelerated bookbuilding process completed yesterday.
The Capital Increase was oversubscribed by almost three times which enabled
the bookbuilding to close after only a few hours.
All New Shares were allocated at a placement price of EUR 19.50 per share in
a private placement. The transaction generated gross issue proceeds of EUR
43.3m
Aaron Auld, CEO of Exasol, said, "We are very pleased with the successful
placement of all offered shares. The high demand we saw from investors is
strong proof of the capital market's confidence in Exasol and in this
particular transaction. The capital increase we've completed today will
enable us to further strengthen our competitiveness, to continue to invest
in our brand and employees, and to build new customer relations faster."
The New Shares will carry the same rights as the existing shares (including
dividend rights for the fiscal year 2020) and are to be included in trading
on the European SME Growth Market "Scale" of the Frankfurt Stock Exchange
without a prospectus. The inclusion in trading and delivery of the new
shares is expected to take place on or around 8 December 2020.
The Company intends to use the net proceeds from the Capital Increase to
visibly strengthen the balance sheet to underline its robust growth strategy
and to accelerate international growth through key hires.
Hauck & Aufhäuser acted as Sole Global Coordinator and Sole Bookrunner in
the Capital Increase.
##
*Exasol Press contact*
Carla Gutierrez, Head of Global Communications
Email: Carla.gutierrez@exasol.com
*Exasol Investor Relations contact*
Jochen Reichert
+49 911 23991 454
jochen.reichert@exasol.com
*About Exasol*
The Exasol high-performance analytics database is built to run faster than
any other database, delivering next-level performance, scale and ease of
use. Analyze billions of rows in seconds; run high-performance analytics
securely in the cloud or on-premise; deliver frictionless analytics with
self-indexing that automatically tunes performance; and scale out analytics
for one transparent price. To learn more, please visit: www.exasol.com [1]
2020-12-03 Dissemination of a Corporate News, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.
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Language: English
Company: EXASOL AG
Neumeyerstraße 22-26
90411 Nuremberg
Germany
Internet: www.exasol.com
ISIN: DE000A0LR9G9
WKN: A0LR9G
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt
(Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1152501
End of News DGAP News Service
1152501 2020-12-03
1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=43a1a796c41dec66e540359efaae678f&application_id=1152501&site_id=vwd&application_name=news
(END) Dow Jones Newswires
December 03, 2020 03:46 ET (08:46 GMT)