Wirecard AG resolves on capital increase
Wirecard AG / Key word(s): Capital Increase
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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and may not be distributed, directly or indirectly, in or into the United
States of America, Australia, Japan or Canada.
Aschheim, 25 February 2014. The executive board of Wirecard AG (ISIN
DE0007472060, WKN code 747206) resolved today, with the consent of the
supervisory board, to increase the share capital against cash contribution
from authorized capital from Euro 112,292,241.00 by Euro 11,198,345.00 to
Euro 123,490,586,00 by issuance of 11,198,345 new bearer shares, each with
a notional par value of Euro 1.00. The new shares are entitled to dividends
as from 1 January 2013. The executive board, with the consent of the
supervisory board, has excluded subscription rights for the new shares. The
new shares will be placed with institutional investors by way of an
accelerated bookbuilding offering.
Wirecard has resolved this capital increase to be prepared for upcoming M&A
opportunities continuing the acquisition strategy pursued over the last
years. As the leading European online payment processing company Wirecard
intends to over-proportionally benefit from an accelerated consolidation in
the payment industry.
The placement commences today, 25 February 2014, and is expected to be
completed tomorrow, 26 February 2014. Wirecard AG will presumably determine
the offering price tomorrow, 26 February 2014, based on the bookbuilding
process. MB Beteiligungs GmbH, the sole shareholder of which is the
chairman of the executive board of Wirecard AG, Dr. Markus Braun, is
planning to subscribe 750,000 shares of common stock of the capital
The new shares are expected to be admitted without a prospectus to the
regulated market (regulierter Markt) and the subsegment of the regulated
market with further post-admission obligations of the Frankfurt Stock
Exchange (Prime Standard).
This capital increase is being accompanied by a syndicate of banks
consisting of Commerzbank as Sole Global Coordinator and Joint Bookrunner,
Deutsche Bank as Joint Bookrunner as well as Bankhaus Berenberg as
Co-Bookrunner and Landesbank Baden-Württemberg as Co-Manager.
The Executive Board
Information and Explanation of the Issuer to this News:
This publication does not constitute a public offer of securities in
Germany. It is not for publication or distribution, directly or
indirectly, in or into the United States. This publication does not
constitute an offer to sell securities, or a solicitation of an offer to
buy securities, in the United States of America or in any other
jurisdiction to any person to whom it is unlawful to make such offer or
solicitation in such jurisdiction. Securities may not be offered or sold in
the United States of America absent registration or an exemption from
registration under the U.S. Securities Act of 1933, as amended (the
'Securities Act'). The securities of Wirecard AG described herein have not
been and will not be registered under the Securities Act, or the laws of
any State, and may not be offered or sold within the United States, except
pursuant to an exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act and applicable State laws.
Wirecard AG does not intend to register any portion of the offer-ing in the
United States or conduct a public offering of securities in the United
Tel.: +49 (0)89-4424-1424
Bloomberg: WDI GY
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Company: Wirecard AG
85609 Aschheim b. München
Phone: +49 (0)89-4424 1400
Fax: +49 (0)89-4424 1500
Indices: TecDAX, Prime All Share, Technology All Share
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of Announcement DGAP News-Service