News
Unterfoehring/Munich, 12 March 2024 – KPS AG (WKN: A1A6V4 / ISIN: DE000A1A6V48), Europe's leading consultancy for digital transformation and process optimisation in retail, has successfully completed the cash capital increase resolved on 7 March 2024. The capital increase was oversubscribed.
A total of 3,741,200 new no-par value registered shares were placed with selected investors as part of a private placement. The placement price was set at EUR 1.15 per new share. The share capital of KPS AG was increased in the course of the transaction from EUR 37,412,100.00 by EUR 3,741,200.00 to EUR 41,153,300.00 against cash contributions by issuing new registered shares with a proportionate amount of the share capital of EUR 1.00 per no-par value share of the Company, making partial use of the authorised capital and excluding the subscription rights of existing shareholders.
The gross issue proceeds from the capital increase thus amount to EUR 4,302,380.00. The Company will use the issue proceeds to strengthen its equity base.
The new shares will carry dividend rights from 1 October 2023. The inclusion of the new shares in trading on the regulated market of the Frankfurt Stock Exchange (Prime Standard) will take place shortly.
12 March 2024
KPS AG
The Executive Board
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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 securities of the Company in the United States of America ("USA") or in any other jurisdiction. This publication may not be distributed, published or transmitted in the USA, Australia, Canada or Japan. The securities of the Company may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). The securities of the Company have not been and will not be registered under the Securities Act or the applicable securities laws of Australia, Canada or Japan. There will be no public offering of shares of the Company.
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