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The NAGA Group AG successfully completes placement, securing growth capital of EUR 34 million

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The NAGA Group AG / Key word(s): Corporate Action
The NAGA Group AG successfully completes placement, securing growth capital of EUR 34 million

19-Nov-2021 / 09:12 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.

Ad hoc announcement according to Art. 17 Market Abuse Regulation

- The Naga Group AG successfully completes placement, securing growth capital of EUR 34 million-

Hamburg, November 19, 2021 - The Naga Group AG (ISIN DE000A161NR7, Frankfurt Stock Exchange Scale segment) announces that it has successfully completed a placement of new shares in connection with the cash capital increase that was announced yesterday.

The placement consisted of 4,223,250 shares, and was placed with a leading European financial investor as well as qualified investors in Germany and other selected jurisdictions (outside the United States of America) at a subscription price of EUR 8.00 per share.

The Naga Group AG has secured EUR 34 million of total growth capital, which will be used to further finance global growth and enhanced marketing measures.

Hauck & Aufhäuser acted as Sole Global Coordinator and Sole Bookrunner in connection with the transaction.

Contact:
The NAGA Group AG
Andreas Luecke
Management Board
Hohe Bleichen 12
20354 Hamburg
T: +49 (0)40 524 77910
E: ir@naga.com

19-Nov-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

The NAGA Group AG

Hohe Bleichen 12

20354 Hamburg

Germany

E-mail:

info@naga.com

Internet:

www.naga.com

ISIN:

DE000A161NR7

WKN:

A161NR

Indices:

Scale 30

Listed:

Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange

EQS News ID:

1250483


 

End of Announcement

DGAP News Service

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