Blue Cap AG decides to increase capital in kind from authorized capital by means of a scrip dividend for the first time; Acceptance rate of the scrip dividend totalling 70% of the share capital
17 July 2023 - 14:44
Publication of inside information in accordance with Art. 17 (1) of the Market Abuse Regulation (EU) 596/2014
Munich, 17 July 2023 The Management Board of Blue Cap AG decided today, with the approval of the Supervisory Board, to increase the share capital of the company in the amount of EUR 4,396,290.00 by EUR 89,993.00 by issuing 89,993 new ones, with partial utilization of the Authorized Capital 2021/I bearer shares with a proportionate amount of the share capital of EUR 1.00 each against contribution in kind. The subject of the contribution in kind as part of the capital increase with subscription rights are entitlements to pro rata dividends for the 2022 financial year.
With the dividend for the 2022 financial year of EUR 0.90 per share, there was for the first time the option of receiving the dividend either exclusively in cash (EUR 0.90 per share) or partly in cash (EUR 0.26 per share) and partly in the form of new shares in the company against the contribution of pro rata dividend entitlements (EUR 0.64 per share). Shareholders with a total of 70% of the share capital have opted for the Scrip Dividend. Dividend entitlements totalling EUR 1,969,766.78 will thus be exchanged for new shares in Blue Cap AG.
Following the registration of the implementation of the capital increase in the commercial register, the company's share capital increases to EUR 4,486,283.00. The new shares are to be included for trading in the Open Market on the Frankfurt Stock Exchange (Scale) and the Munich Stock Exchange (m:access).