Ecommerce Alliance AG, which is listed on the Entry Standard of the Frankfurt Stock Exchange (ISIN DE000A1C9YW6 / WKN A1C9YW), has successfully placed on the market the new shares from the capital increase using authorised capital.
On the basis of the authorisation granted by the Annual General Meeting of 18 July 2013 to the Managing Board and under exclusion of the right of subscription of the shareholders, 218,000 new shares from authorised capital 2013/I were placed with institutional investors and the Managing Board of Ecommerce Alliance AG at an issue price of EUR 11.00 per share. After entry into the Commercial Register, the company's share capital will thus be increased from EUR 2,227,655 by EUR 218,000 to EUR 2,445,655. The new shares carry dividend rights as of 1 January 2014. The Luxembourg asset management firm, Redline Capital Management S.A. (RCM), which since June 2013 has held shares in Ecommerce Alliance AG as a strategic investor, participated in the capital increase and now owns 7.3 per cent of the shares in the company. Further, the Chairman of the Board and majority shareholder in Ecommerce Alliance AG, Daniel Wild, increased his holding, through his controlling interest in Tiburon Unternehmensaufbau GmbH, by a further 109,000 shares.
"I am very pleased with the confidence shown by our investors. I myself am persuaded – in the face of the increasing appeal of mobile communication – to invest in this sustainable business model and in this growth market. For this reason I have further increased my shareholding in the company", said Mr Wild, Chairman of the Board of Ecommerce Alliance AG.
The new capital is earmarked for further financing of the strong organic growth of the Mobile business area and for potential acquisitions by the successful Services business area.
Close Brothers Seydler Bank AG, Frankfurt am Main, and Conmit Wertpapierhandelsbank AG, Munich advised Ecommerce Alliance AG on the capital increase.
