DGAP-Ad-hoc: NFON AG / Key word(s): Capital Increase/Capital Increase
NFON AG successfully completes accelerated placement process
26-March-2021 / 08:18 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.
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Ad hoc announcement
NOT FOR DISTRIBUTION, PUBLICATION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN OR INTO: THE UNITED STATES OF AMERICA,
AUSTRALIA, CANADA OR JAPAN
NFON AG successfully completes accelerated placement process
Munich, March 26, 2021 - NFON AG ("NFON" or "the Company," ISIN: DE000A0N4N52, Frankfurt Stock Exchange) has placed
1,505,555 shares at a placement price of 17.50 EUR per share with institutional investors by way of an accelerated
bookbuilding. The gross proceeds of the placement amount to 26,347,212.50 EUR. The shares were made available to
Berenberg as transaction bank for the purpose of an efficient execution of the placement by an anchor shareholder by
means of a securities loan. This will be repaid after registration of an increase of the share capital of the Company
by 1,505,555 new shares, which represents approximately 10% of the current share capital, by a partial use of its
authorized capital. Shareholders' subscription rights were excluded in the process. The net proceeds from the issuance
of the new shares are to be invested in the further growth of the Company, in particular in the further development of
the product portfolio through internal development projects or technology investments, the expansion of the
pan-European partner network as well as in marketing activities.
As part of the transaction, the Company has agreed to a 3-month hard lock-up period and a 3-month soft lock-up period,
subject to customary market exceptions.
Berenberg acted as the Sole Global Coordinator and Sole Bookrunner.
Investor Relations Contact
NFON AG
Sabina Prüser
Head of Investor Relations
+49 89 45300 134
sabina.prueser@nfon.com
Media Contact
NFON AG
Thorsten Wehner
Vice President Public Relations
+49 89 45300 121
thorsten.wehner@nfon.com
Disclaimer
This release and the information contained herein are not for distribution in or into the United States of America
(including its territories and possessions, the states of the United States of America and the District of Columbia)
(the "United States"), Canada, Australia and Japan. This release does not constitute an offer or part of an offer to
sell or a solicitation of an offer to buy any securities (the "Shares") of NFON AG (the "Company") in the United
States. The Shares of the Company have not been and will not be registered under the U.S. Securities Act of 1933, as
amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or an
applicable exemption from the registration requirements of the Securities Act, or in a transaction not subject to the
registration requirements of the Securities Act. Any sale of securities referred to in this release in the United
States will be made only to "qualified institutional buyers" as defined in Rule 144A under the Securities Act.
This publication is directed only at persons who reside in or have a domicile in a member state of the European
Economic Area (other than Germany) and who are "qualified investors" within the meaning of Article 2(e) of Regulation
(EU) 2017/1129 (the "Prospectus Regulation"). In the United Kingdom this release is only directed at persons who are
"qualified investors" within the meaning of Article 2(e) of Regulation (EU) 2017/1129 as it forms part of domestic law
by virtue of the European Union (Withdrawal) Act 2018 who are also "investment professionals" within the meaning of
Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the
"Order"), (ii) high net worth companies, and other persons to whom it may otherwise lawfully be communicated, falling
within Article 49(2)(a) to (d) of the Order or (iii) persons to whom this release may otherwise be lawfully
communicated (all such persons together, the "Relevant Persons"). No person other than Qualified Investors or Relevant
Persons may refer to or rely on this release. Any investment or investment opportunity referred to in this release is
available only to Qualified Investors or Relevant Persons and will be engaged in only with Qualified Investors or
Relevant Persons.
This release may contain certain forward-looking statements, estimates, beliefs and projections regarding the Company's
future business, results of operations and earnings ("forward-looking statements"). Forward-looking statements can be
identified by the use of terminology such as "believe," "estimate," "anticipate," "expect," "intend," "will," or
"should," as well as their negation and similar variations or comparable terminology. Forward-looking statements
include all matters that are not historical facts. Forward-looking statements are based on the current opinions,
forecasts and assumptions of the Company's management and involve significant known and unknown risks and
uncertainties, and therefore actual results, performance or events may differ materially from those expressed or
implied by the forward-looking statements. Forward-looking statements contained herein should not be taken as
guarantees of future performance or results and are not necessarily reliable indicators of whether or not such results
will be achieved. The forward-looking statements contained in this release are valid only as of the date of this
release. We will not update the information, forward-looking statements or conclusions contained in this release to
reflect subsequent events or circumstances, or to correct inaccuracies that may arise after the date of this release as
a result of new information, future developments or otherwise, and do not undertake any obligation to do so. We assume
no responsibility in any way for the occurrence of the forward-looking statements or assumptions contained herein.
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26-March-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and
Press Releases.
Archive at www.dgap.de
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Language: English
Company: NFON AG
Machtlfinger Straße 7
81379 Munich
Germany
Phone: +49 89 453 00 0
E-mail: ir-info@nfon.com
Internet: https://corporate.nfon.com
ISIN: DE000A0N4N52
WKN: A0N4N5
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf,
Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1178758
End of Announcement DGAP News Service
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1178758 26-March-2021 CET/CEST
(END) Dow Jones Newswires
March 26, 2021 03:21 ET (07:21 GMT)