Windeln.de SE: Convening of an extraordinary general meeting to report a loss pursuant to Sec. 92 German Stock Corporation Act and to resolve on an ordinary capital reduction and a capital increase

DGAP-Ad-hoc: windeln.de SE / Key word(s): AGM/EGM/Corporate Action windeln.de SE: Convening of an extraordinary general meeting to report a loss pursuant to Sec. 92 German Stock Corporation Act and to resolve on an ordinary capital reduction and a capital increase 16-Dec-2021 / 12:15 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. Munich, December 16, 2021: The Management Board of windeln.de SE ("windeln.de" or "Company"; ISIN DE000WNDL201 and DE000WNDL227) hereby announces that the Management Board and the Supervisory Board today have resolved to convoke an extraordinary general meeting in the form of a virtual general meeting. The Management Board will firstly report the already communicated loss of half of the nominal share capital, which has been incurred according to its best judgment. Further, the Management Board and the Supervisory will propose to the general meeting to resolve a capital reduction, which will be implemented in two steps: First, the share capital shall be reduced by way of redemption of two shares by simplified procedure. Second, the general meeting shall resolve on an ordinary capital reduction at a ratio of 3:1 to cover losses. Moreover, the general meeting shall resolve on a capital increase of the reduced share capital or - in case the capital reduction was not resolved by the general meeting - of the current share capital by way of an ordinary capital increase with subscription rights for the shareholders against cash contributions with envisaged gross issue proceeds of EUR 7,000,000.00. The subscription period shall begin soon after the registration of the proposed capital reduction in the commercial register. If the proposed capital decrease is not resolved, the subscription period shall begin soon after the general meeting. Details regarding the subscription price, the maximum number of new shares to be issued, and the subscription ratio will be announced prior to the subscription period. The Company has incurred significant accounting losses in recent years. However, the Company continues to aim for reaching break even on the basis of adjusted EBIT at group level in the financial year 2022. Against this background, the aim of the capital measures to be proposed by the Management Board and the Supervisory Board is to cover the Company's additional financing requirements of EUR 6,000,000.00 to up to EUR 7,000,000.00 calculated for the financial year 2022 in order to ensure its financial solvency for the financial year 2022, to have sufficient liquidity buffers, and to be able to meet its payment obligations. In addition, a resolution to reduce the size of the Supervisory Board to three members will be proposed to the extraordinary general meeting. The full invitation to the extraordinary general meeting of windeln.de, including the agenda, is expected to be published in the Federal Gazette (Bundesanzeiger) on or around December 20, 2021 and on the website of the Company under the address https://corporate.windeln.de/en/investor-relations/. Contact: Legal Daniel Panajotow Phone: [phone] Email: [e-mail] 16-Dec-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language:	English
Company:	windeln.de SE
	Stefan-George-Ring 23
	81929 Munich
	Germany
Phone:	49 89 4161 7152 65
Fax:	089 / 416 17 15-11
E-mail:	[e-mail]
Internet:	www.windeln.de
ISIN:	DE000WNDL201
WKN:	WNDL20
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1258843

End of Announcement	DGAP News Service

1258843  16-Dec-2021 CET/CEST