PANTAFLIX AG resolves on capital increase against cash contributions from authorized capital with private placement
June 22, 2023 at 04:27 am EDT
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EQS-Ad-hoc: PANTAFLIX AG / Key word(s): Corporate Action/Capital Increase
PANTAFLIX AG resolves on capital increase against cash contributions from authorized capital with private placement
22-Jun-2023 / 10:25 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
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PANTAFLIX AG resolves on capital increase against cash contributions from authorized capital with private placement
Munich, 22 June 2023. The Management Board of PANTAFLIX AG, Munich, (ISIN: DE000A12UPJ7) today resolved, with the approval of the Supervisory Board, to increase the Company's issued share capital by EUR 2,128,887.00 by issuing 2,128,887 new no-par value bearer shares at an issue amount of EUR 1.00 per new share, i.e. at a total issue amount of EUR 2,128,887.00 against cash contributions partially utilizing the existing authorized capital and excluding the existing shareholders' subscription rights.
The capital increase is completely placed. The new shares will be included without a prospectus in the existing listing in the Scale Segment of the Frankfurt Stock Exchange. The capital increase should strengthen the balance sheet.
22 June 2023
The Management Board
Investor Relations
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Tel.: +49 (0)89 1250903-30
E-Mail: sh@crossalliance.de
Website: www.crossalliance.de
End of Inside Information
22-Jun-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com
Pantaflix AG, formerly known as PANTALEON Entertainment AG, is a Germany-based company, which is primarily engaged in the entertinment industry. The Company operates as a provider of video-on-demand platform Pantaflix where filmmakers and rights holders can upload and manage their content directly, make it available in across the world.