AlzChem Group AG / Key word(s): Miscellaneous
Planned re-placement of shares to increase free float
The shareholders LIVIA Corporate Development SE and HDI Vier CE GmbH informed AlzChem Group AG that they intend to sell approximately 1.5 million shares (approximately 15% of the share capital) to institutional investors via a private placement. Discussions to this effect are already at an advanced stage. With this placement, the selling shareholders are pursuing the goal of increasing the free float and thus the liquidity of AlzChem Group AG shares. They continue to be convinced of the company's strong development and will remain associated with it in the long term and, if necessary, enter into corresponding lock-up obligations.
AlzChem Group AG expressly welcomes the increase in the free float. This is in line with a long-held wish of the company.
19-May-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
AlzChem Group AG
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Stuttgart
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