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DGAP-News: Delticom AG / Key word(s): Corporate Action/Capital Increase
Delticom AG: Capital increase with subscription rights also fully subscribed
Hanover, June 24, 2021 - Delticom AG (ISIN DE0005146807) has now also successfully completed the capital increase with subscription rights.
The registration of the new shares created in the course of the capital increase with subscription rights in the commercial register was applied for today. After registration, the share capital of the company will amount to EUR 14,831,361.
Thomas Loock, CFO of Delticom AG, considers the successful completion of the two capital increases to be another important milestone: "With the successful placement of both capital increases, another important financing component has been completed. The ongoing talks on follow-up financing are proceeding constructively and are on the right track. In this context, too, the sustainable strengthening of the company's equity is of great importance. Thanks to the cash inflow from the capital increases, we will be able to further reduce our financial debt significantly."
With the brand Reifendirekt, Delticom AG is the leading company in Europe for the online distribution of tyres and complete wheels.
The product portfolio for private and business customers comprises an unparalleled range of more than 600 brands and around 18,000 tyre models for cars and motorcycles. Complete wheels and rims complete the product range. The company operates 410 online shops and online distribution platforms in 74 countries, serving more than 15.9 million customers.
As part of the service, the ordered products can be sent to one of Delticom's approximately 38,000 workshop partners worldwide for mounting at the customer's request.
Based in Hanover, Germany, the company operates primarily in Europe and the USA and has extensive expertise in the development and operation of online shops, internet customer acquisition, internet marketing and the establishment of partner networks.
Since its foundation in 1999, Delticom has built up comprehensive expertise in designing efficient and fully integrated ordering and logistics processes. The company's own warehouses are among its most important assets.
In fiscal year 2020, Delticom AG generated revenues of around 541 million euros. At the end of last year, the company employed 177 people.
The shares of Delticom AG have been listed in the Prime Standard of the German Stock Exchange since October 2006 (ISIN DE0005146807).
24.06.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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