Hamburg, November 17, 2016 – Medios AG has completed the pre-placement of up to 2,543,745 new shares launched yesterday. 1,587,100 new shares were placed with selected investors outside the United States of America at a price of EUR 7.00 per new share. Accordingly, gross issue proceeds amounted to EUR 11.1 million. The Management Board of Medios AG, with the consent of the Supervisory Board and in consultation with M.M.Warburg & CO (AG & Co.) KGaA, set the placement price at EUR 7.00 per new share. The new shares which were placed in the pre-placement are expected to be delivered against payment of the placement price on November 22, 2016. Trading on the stock exchange will also begin on November 22, 2016.
The pre-placement represents the first part of the capital increase of up to 2,760,408 new shares as announced yesterday by Medios AG. During the subscription period, which is expected to begin on November 21, 2016 and to conclude on December 5, 2016, those shareholders of Medios AG who have neither assigned nor waived their subscription rights may subscribe for the shares at the subscription price of EUR 7.00 per new share with a subscription ratio of 7 to 2, meaning that every seven existing shares entitle to the subscription for two new shares. Furthermore, shareholders may declare, vis-à-vis the subscription agent, their interest in the subscription of additional new shares which have not been placed in the subscription offering or the pre-placement (so-called additional subscription). Shares not subscribed for by the shareholders neither by exercising their subscription rights nor by way of additional subscription are available for a so-called rump placement.
Based on the placement price and the subscription price, and assuming that all 2,760,408 new shares can be placed as part of the offering, Medios AG will generate approximately EUR 19.3 million in gross issue proceeds from this capital increase.
The Management Board
Phone: +49 30 232 5668 0
Fax: +49 30 232 5668 66
This disclosure contains forward-looking statements which are subject to certain risks and uncertainties. Future results can deviate significantly from currently expected results due to a variety of risk factors and uncertainties such as changes in the business, economic or competitive situation, exchange rate fluctuations, uncertainties with respect to legal disputes or investigations and the availability of financial resources. Medios AG assumes no responsibility for updating the forward-looking statements contained in this disclosure. This disclosure constitutes neither an offer to purchase or sell securities of Medios AG nor an invitation to submit such an offer. Nor does this disclosure constitute a prospectus within the meaning of EU Directive 2003/71/EC of the European Parliament and of the Council of November 4, 2003, as amended (the “Prospectus Directive”). Any public offering in Germany may only be made on the basis of the prospectus, which has been approved by the Federal Financial Supervisory Authority (BaFin) and published on Medios AG’s website (https://medios.ag). Any decision to invest in subscription rights or shares of Medios AG should be made solely on the basis of the prospectus. Hard-copy prospectuses are available free of charge upon request from Medios AG, Friedrichstraße 113a, 10117 Berlin, and M.M.Warburg & CO (AG & Co.) KGaA, Ferdinandstraße 75, 20095 Hamburg. This disclosure is addressed exclusively to qualified investors within the meaning of the Prospectus Directive in any member state of the European Economic Area (other than Germany) having transposed the Prospectus Directive into national law.