- The capital increase serves to promote further growth and strengthen equity.
Innsbruck, 12.4.2021 – The Executive Board of Wolftank Adisa Holding AG resolved on 12.4.2021 to increase the share capital of the company from currently EUR 1,202,556.00 by up to EUR 125,000.00 to up to EUR 1,327,556.00 by issuing up to 125,000 new no-par value bearer shares at an issue price of EUR 32.00 per share by partially utilizing the existing authorized capital against cash contribution. Subject to the approval of the Supervisory Board, the Executive Board is making use of the authorization to exclude subscription rights granted by the resolution of the Annual General Meeting on August 30, 2019.
The newly issued shares are to be placed in a private placement with selected qualified and long-term oriented institutional and/ or large non-institutional investors. These new shares are entitled to dividends for the current financial year 2021, in which they are issued, as well as for the previous financial year 2020, provided that no resolution on the distribution of the balance sheet profit for this financial year has yet been passed. The exact extent (volume) of the capital increase will be determined by the Executive Board after completion of the placement, whereby the Executive Board reserves the right to terminate the placement at any time. The use of funds will serve the further growth of the Group and the strengthening of equity.
About Wolftank-Adisa Holding AG:
Wolftank-Adisa Holding AG is the parent company of an international group of companies focusing on environmental protection services for polluted soil, facilities and water, remediation and monitoring of (large) tank facilities, as well as full-service engineering services for (Hydrogen/LNG) tank facilities.
The company is active worldwide and has various patented application technologies at its disposal with the aid of high-tech epoxy resins developed in-house.
The shares of Wolftank-Adisa Holding AG (WKN: A2PBHR; ISIN: AT0000A25NJ6) are listed on the Frankfurt, Stuttgart and Munich stock exchanges, in the direct market plus segment of the Vienna Stock Exchange AG, on Quotrix and on Xetra.
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