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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