UMT United Mobility Technology AG / Key word(s): Capital Increase/Investment
Munich, 09 February 2021
Ad hoc release: Board of Management of UMT United Mobility Technology AG resolves capital increase through contributions in kind and appoints a new member of the Board of Management
On this basis, the Board of Management of UMT United Mobility Technology AG today resolved, with the approval of the Supervisory Board, to increase the share capital by EUR 2,937,500.00 from authorized capital by issuing 2,937,500 new no-par value ordinary bearer shares (no-par shares) with a notional interest in the share capital of EUR 1.00 per share (New Shares) against contributions in kind.
The share capital will thus be increased from currently EUR 2,353,356.00 to EUR 5,290,856.00. The New Shares will be issued at an issue price of EUR 8.00 per share and will carry full dividend rights from January 1, 2020.
The capital increase against contribution in kind is made with the intention to achieve a 100% participation in Buchberger Baugeraete Handel GmbH with registered office in Ingolstadt, Germany, and in Buchberger Baumaschinen Vermietung und Service GmbH with registered office in Ingolstadt, Germany, by contributing the company shares.
The capital increase through contributions in kind is carried out under exclusion of subscription rights. The contributor or subscriber to the capital increase through contributions in kind is B2Btech GmbH, based in Gruenwald, Germany.
The resolution is subject to the conclusion of a contribution agreement.
In addition, Dr. Juergen Schulz was appointed as a new member of the Executive Board.
09-Feb-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
UMT United Mobility Technology AG
Brienner Straße 7
+49 (0) 89 20 500 680
+49 (0) 89 20 500 555
Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Munich, Stuttgart, Tradegate Exchange
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