The Social Chain AG

  • WKN: A1YC99
  • ISIN: DE000A1YC996
  • Land: Deutschland

Nachricht vom 06.12.2019 | 17:14

The Social Chain AG: The Social Chain AG successfully concludes non-cash capital increase from authorised capital and acquires all shares in URBANARA GmbH, Berlin, Germany

The Social Chain AG / Key word(s): Capital Increase/Takeover
The Social Chain AG: The Social Chain AG successfully concludes non-cash capital increase from authorised capital and acquires all shares in URBANARA GmbH, Berlin, Germany

06-Dec-2019 / 17:14 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Publication Pursuant to Article 17 MAR

The Social Chain AG successfully concludes non-cash capital increase from authorised capital and acquires all shares in URBANARA GmbH, Berlin, Germany

Berlin, December 6, 2019 - With the approval of the Supervisory Board, the Management Board of The Social Chain AG (WKN: A1YC99, ISIN: DE000A1YC996, ticker: PU11) (the "Company") has resolved today to increase the Company's share capital with exclusion of shareholders' subscription rights. The capital increase shall be effected against contribution in kind with partial utilization of the existing authorized capital pursuant to Section 3 (6) of the Articles of Association of the Company. The Company's share capital will be increased from currently EUR 9,944,118.00 to EUR 10,114,118.00 through the issue of 170,000 new no-par- value registered shares with a notional value in the share capital of EUR 1.00 per share.

Only the sole shareholder of URBANARA GmbH, Odyssee Holding GmbH with registered seat in Berlin, is authorised to subscribe for the 170,000 new shares to be issued. In return, Odyssee Holding GmbH will contribute the entire share capital in URBANARA GmbH to the Company on the basis of a contribution agreement already concluded within the scope of the aforementioned capital increase through contribution in kind. The total of 170,000 new shares will be issued at an issue price of EUR 23.00 per share.

 

About THE SOCIAL CHAIN AG

As the first integrated social media company, THE SOCIAL CHAIN AG combines social media and social commerce, integrated through its own tech platform LINKS. The company is a pioneer in the creation, development and scaling of social media brands. The company's headquarters are in Berlin with additional offices in Manchester, London, New York and Munich.

 

Contact:
Jana Walker | Investor Relations
ir@socialchain.com


06-Dec-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this

ESG-Whitepaper im Fokus

The Corporate ESG Guide: A 360 view on the current landscape and trends

Die ESG-Kriterien (Environmental, Social and Governance) werden auch für Emittenten immer wichtiger, wenn sie für Investoren attraktiv bleiben wollen. In dem Whitepaper “The Corporate ESG Guide: A 360 view on the current landscape and trends” beantworten die Experten von Investor Update grundlegende Fragen von Emittenten. Außerdem kommen Vermögensverwalter, Unternehmensberater Manager und ESG-Ratingagenturen zu wichtigen ESG-Themen zu Wort.

GBC-Fokusbox

"GBC Best of m:access 2020": Neue vielversprechende Auswahl

Unsere letztjährige „GBC Best of m:access“-Auswahl hat sich mit einer Performance von über 50 % überdurchschnittlich stark entwickelt und alle relevanten Indizes hinter sich gelassen. Im Rahmen der vorliegenden aktualisierten Studie präsentieren wir Ihnen eine in Teilen neu zusammengesetzte Selektion, die weiterhin 15 Unternehmen umfasst. Die aktuellen Einschätzungen zu den Einzeltiteln und auch weitere Informationen zur Entwicklung des m:access sind in der vollständigen Studie „GBC Best of m:access 2020“ enthalten.

News im Fokus

Vonovia SE: Vonovia kauft 1.000 Wohnungen in Kiel (News mit Zusatzmaterial)

02. Dezember 2020, 18:01

Aktueller Webcast

ADLER Group S.A.

Neunmonats-
Investor Call
Q3 2020

30. November 2020

Aktuelle Research-Studie

Original-Research: GBC Insider Focus Index (von GBC AG): GBC Insider Focus Index

02. Dezember 2020