Executive Board of NEON EQUITY AG plans capital increase from company funds by 10 percent and the issue of bonus shares
Executive Board of Neon Equity AG plans capital increase from company funds by 10 percent and the issue of bonus shares
Publication of an inside information pursuant to Article 17 of Regulation (EU) No. 596/2014
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Frankfurt/Main, 27 March 2023
The Executive Board of Neon Equity AG (ISIN DE000A3DW408 – "NEON") has resolved today - subject to the approval of the Supervisory Board - to propose to the Annual General Meeting scheduled for May 10, 2023, the adoption of a resolution on a capital increase from company funds from EUR 40,050,100.00 by EUR 4,005,010.00 to EUR 44,055,110.00 by converting retained earnings into share capital. For this purpose, the Executive Board allocated the corresponding amount from the net income for the year to retained earnings when preparing the annual financial statements. The capital increase is to be carried out by issuing 4,005,010 new registered no-par value shares with a notional share in the capital stock of EUR 1.00 per share, so that one new share will be issued for every ten old shares (so-called bonus shares). The new shares are to carry dividend rights from January 1, 2023.
The agenda for the 2023 Annual General Meeting with the management's proposed resolutions is expected to be published in the German Federal Gazette on April 3, 2023.
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No securities prospectus will be prepared in connection with the issue of the securities referred to in this publication. The securities may therefore not be offered to the public or otherwise in a manner in the Federal Republic of Germany or abroad that would give rise to an obligation to prepare a securities prospectus or comparable offering document.
The securities mentioned in this publication have not been and will not be registered under the United States Securities Act of 1933 (the “Securities Act”) or the securities laws of any state of the United States of America and may not be admitted to trading in or into the United States of America or into or on behalf of or for the account or benefit of a U.S. person or entity. The securities may not be offered, sold, pledged, transferred or delivered (directly or indirectly) to, or for the account or benefit of, any person (as such term is defined in Regulation S under the Securities Act) absent registration or an exemption from, or pursuant to an exemption from, the registration requirements of the Securities Act or a transaction not subject to the registration requirements of the Securities Act and in any event in accordance with the securities laws of any state of the United States.
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Neon Equity AG (“NEON”) is a founder-managed investor and growth enabler. The investment focus is on European companies from the real estate, consulting and technology sectors which have growth and capital market potential as well as an ESG-compliant business model. As an experienced partner, NEON also advises portfolio companies on the implementation of their capital market and growth strategies. In doing so, NEON contributes comprehensive know-how, more particularly in the areas of capital market transactions, real estate management and tokenisation, and has a sustainable partner and investor network.
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