DGAP-News: EPG - Engineered nanoProducts Germany AG: Successful completion of capital increase
Autor: DGAP - EQS Group AGhttps://twitter.com/dgap_ad_hoc
DGAP-News: EPG - Engineered nanoProducts Germany AG / Key word(s): Capital Increase/Corporate Action
EPG - Engineered nanoProducts Germany AG: Successful completion of capital increase
08.02.2019 / 10:52
The issuer is solely responsible for the content of this announcement.
The Management Board and Supervisory Board of EPG (Engineered nanoProducts Germany) AG, Griesheim (ISIN DE000A0J3TN2, WKN A0J3TN), resolved in December to increase the Company's share capital against cash contributions from the authorized capital resolved by the Company's Annual General Meeting on August 9, 2018.
This capital measure was completed when it was entered in the commercial register at Darmstadt Local Court on December 21, 2018. The capital increase, which has now taken place and was fully subscribed, will provide the company with equity capital of about EUR 1 million, which means that it has share capital of EUR 3,462,537.
This inflow of funds will support the growth course of EPG AG and provide additional working capital. It is the declared aim of the company management to build up further capacities in order to satisfy the increasing demand from customers in the automotive and design sectors.
The Executive Board of EPG AG, Dr. Andreas Zimmermann, expressed his satisfaction at the conclusion of the capital increase: "This capital measure will significantly strengthen EPG AG's financial base and we can enable further growth in metal coating. Our customers also know that EPG AG is a reliable partner".
08.02.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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