Dr. Karl Kuhlmann

CEO of S.A.G. Solarstrom AG

"After the issue of our second corporate
bond, placed by youmex, we are able to
strengthen our financial base even more
and accelerate the sustainable growth
course of our core business areas with a
solid foundation."

youmex Invest accompanies capital increase of the Greiffenberger AG

15.04.2014

Greiffenberger AG has successfully completed the equity capital increase from authorized capital that was decided on yesterday. The transaction saw 483,850 new shares issued, with the subscription rights of the existing shareholders excluded. The new shares were placed at a price of € 6.00 per share with institutional investors in Germany and in German-speaking countries abroad by means of a private placement; the issue was significantly oversubscribed. The gross issuing proceeds from the capital increase therefore amount to around € 2.90 million. The capital increase for cash means the share capital of the company will increase by € 1,238,656.00 (about 10 %), and after entry into the Commercial Register will stand at € 13,627,648.00.

The new shares are to be admitted for trading on the stock exchange without a prospectus and included in the existing listing on the regulated market of the Munich Stock Exchange and on the regulated market (General Standard) of the Frankfurt Stock Exchange. The transaction was overseen by youmex Invest AG, Frankfurt, as lead manager and bookrunner. Baader Bank AG, Unterschleissheim, carried out the technical side of the securities transaction, whereby the majority shareholder Greiffenberger Holding GmbH temporarily transferred the necessary shares to the Baader Bank AG by means of a temporary securities loan. After completion of the transaction Greiffenberger Holding GmbH will continue to hold 2,699,020 shares, which then will be around 50.70 % of the equity capital.

Stefan Greiffenberger, CEO of Greiffenberger AG comments: “This capital increase for cash strengthens our financial resources for the company growth we are planning, with the focus on expanding the market position of the existing three business units – Drive Technology, Metal Band Saw Blades & Precision Strip Steel and Pipeline Renovation Technology.” In 2013 and 2014 the Group makes targeted investments in new markets, its own value-added and improving the manufacturing processes. Over the past few years it has also managed to steadily grow the revenues generated by products and solutions in the key future fields of environmental technology and energy efficiency. These were already contributing 31 % to Group turnover in 2013, and the Group will be continuing to pursue this strategy.

For 2014 and 2015 the Greiffenberger Group is planning a significant growth in turnover as well as a disproportionately high increase in results through improved operating margins. In addition, the tax ratio should be much lower than in 2013.
 


About youmex:
youmex group, Frankfurt am Main, combines complementary specialised institutes for tailor-made all-in-one financing solutions with transaction volumes of EUR 10 to EUR 250 million. As a financing platform, youmex as a one stop shop has been simplifying, accelerating and optimising transactions financing and capital market transactions for more than 10 years. The Project Finance area focuses on the Real Estate and Clean Energy asset classes. In particular, youmex arranges bridge, short-term and long-term financing of wind and solar parks for project developers and investors throughout Europe. By accessing more than 400 investors, youmex also markets and places wind and solar power plants – directly or in the form of investments in project companies or by take-overs. In the Capital Markets area, youmex AG, a German Stock Exchange Listing Partner, and its partner network accompany all steps required for raising capital. Securities are placed by youmex Invest AG, a financial services institute approved by the German Federal Financial Supervisory Authority (BaFin) and now one of leaders for small and mid cap bonds.



 

Ansprechpartner

  • Stefan Stoehr

    CEO
    youmex Wealth
    Management AG

    +49 69 505045 012
    +49 160 3677972
    +49 69 505045 200
    sts(at)youmex.de

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