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ACTAQUA AG continues to pursue alternative financing options and suspends issuance of the bond 2022/2027

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DGAP-News: ACTAQUA AG / Key word(s): Bond
ACTAQUA AG continues to pursue alternative financing options and suspends issuance of the bond 2022/2027
03.06.2022 / 20:30
The issuer is solely responsible for the content of this announcement.

P R E S S R E L E A S E

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ACTAQUA AG continues to pursue alternative financing options and suspends issuance of the bond 2022/2027

Mannheim, June 3, 2022. ACTAQUA AG, a company that specializes in the digital transformation of the real estate industry, has announced that it is not pursuing the issuance of the 2022/2027 bond for the time being in the current very challenging market environment for SME bonds and is pursuing alternative and more promising financing options instead. The company reserves the right to resume the issuance plans at a later date under more favorable market conditions.

Even in the currently difficult market environment for mid-cap bonds, the Management Board has received positive feedback on ACTAQUA AG’s business model from many investors during the current issuance process. Nevertheless, compared to other refinancing options in particular, the Management Board currently considers the conditions for a full placement of the bond in the planned issuance period to be suboptimal. Therefore, the company, also with the involvement of interested investors from the previous issuance process, will focus on alternative financing options, which have been pursued in parallel and continuously by the company in the past months in view of its dynamic growth plans.

“With our digitalization platform PAUL, we have a unique, future-proof and sustainable product that makes environmental and climate protection, as well as resource efficiency in the building sector, a reality. We can thus make a very decisive contribution to a green real estate industry. The potential market for PAUL is correspondingly huge and demand is rising steadily. Our business figures, momentum and positive business outlook speak for themselves,” explained Sascha Müller, co-founder of ACTAQUA.

With its business model, ACTAQUA has been in the black since the company was founded and has experienced a growing and profitable business development. Most recently, total operating performance in 2021 increased by 152% to EUR 12.3 million compared to the previous year (2020: EUR 4.8 million). Earnings before interest and taxes (EBIT) in 2021 amounted to EUR 5.8 million (2020: EUR 1.6 million), which equates to an EBIT margin of 47.2% (2020: 33.3%). As of mid-March 2022, a total order backlog of around EUR 4 million was already contractually fixed. ACTAQUA expects total order intake of around EUR 19 million to EUR 21 million in 2022.

Investor Relations Contact
cometis AG
Claudius Krause
Phone: +49 (611) 205855-28
E-mail: ir@act-aqua.de

Press Contact
ACTAQUA AG
Nicole Messmer-Pohan
Phone: +49 (621) 92100141
E-mail: pressestelle@act-aqua.de

 

About ACTAQUA AG:

ACTAQUA is the specialist for the digital transformation of the real estate industry. With the PAUL control system, ACTAQUA has initiated a change process and, with the help of artificial intelligence, creates energy savings in existing buildings up to CO2 neutrality, with low investment and without any loss of comfort for the occupants. Investors and operators rely on PAUL to make their properties future-proof and competitive. ACTAQUA currently supports over 80 companies in the real estate industry with more than 150,000 residential units. This currently corresponds to CO2 savings of around 1.5 million tons over the entire term.

www.actaqua.de

 

DISCLAIMER

This document does not constitute an offer document or an offer of securities to the public and should not be considered as a recommendation that any person should subscribe for or purchase any securities as part of the Offer. This document and the information contained herein are for information purposes only and do not constitute a prospectus or an offer to sell, or a solicitation of an offer to buy, any securities in the United States. Any securities referred to herein 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 pursuant to an available exemption from registration under the Securities Act. There will be no public offer of securities in the United States of America. These materials may not be published, distributed or transmitted in the United States, Canada, Australia or Japan. The securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan.

 

 


03.06.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

ACTAQUA AG

Theodor-Heuss-Anlage 12

68165 Mannheim

Germany

E-mail:

info@act-aqua.de

Internet:

paul-digital.de

ISIN:

DE000A3H2TU8

WKN:

A3H2TU

Listed:

Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich, Stuttgart, Tradegate Exchange

EQS News ID:

1368655


 

End of News

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