- Shareholders approve capital increase against cash contributions with granting of an indirect subscription right
- Sandra Isabell Mann elected to the Supervisory Board as a supplementary member for Maximilian Ardelt
Munich, June 27, 2019 - Mountain Alliance AG (MA, ISIN DE000A12UK08) today held its Annual General Meeting 2019 in Munich. The shareholders followed the resolutions with high approval rates. At the voting time, 84.88 percent of the statutory share capital of Mountain Alliance AG was represented.
In addition to the creation of a new Authorized Capital 2019, the agenda focused on the planned increase of the share capital against cash contributions. The shareholders present approved the proposed resolution with a large majority. It provides for increasing the Company's share capital from EUR 6,045,720.00 by up to EUR 3,022,860.00 to up to EUR 9,068,580.00 by issuing up to 3,022,860 new registered shares. As a result of the planned capital increase, for which the Management Board of the company has commissioned MainFirst Bank to provide support, Mountain Alliance AG is even better positioned to implement its growth strategy in a targeted and flexible manner. The increase amount and the amount at which the new shares will be issued will be determined at a later date.
The Supervisory Board of Mountain Alliance AG underwent a personnel change. Mr. Maximilian Ardelt resigned his mandate with effect from the end of the Annual General Meeting. "On behalf of the Company and the Supervisory Board, I would like to express my sincere thanks to Mr. Ardelt. As a member of the Supervisory Board, he contributed his extraordinary expertise in the areas of corporate management, mobile communications and equity investments for 19 years," explained Tim Schwenke Chairman of the Supervisory Board of Mountain Alliance AG.
Mrs. Sandra Isabell Mann, Entrepreneur from Berlin, was newly elected to the Supervisory Board by the shareholders as a supplementary member until the end of the Annual General Meeting, which decides on the discharge of the Supervisory Board for the financial year 2020. The Supervisory Board now consists of Tim Schwenke (Chairman of the Supervisory Board), Hajo Riesenbeck (Deputy Chairman of the Supervisory Board), Dr. Nikola Deskovic, Sandra Isabell Mann, Dr. Jens Neiser and Daniel S. Wenzel.
The voting results of the Annual General Meeting 2019 are available on the company's website at www.mountain-alliance.de in the Investor Relations section.
About Mountain Alliance AG:
Mountain Alliance AG (MA) (ISIN: DE000A12UK08) is an investment company whose shares are listed in the SME segment m:access of the Munich Stock Exchange and in the Basic Board of the Frankfurt Stock Exchange. As a lean, transparent and experienced investor, the company is dedicated to the industry of the future, in which it has many years of know-how and an excellent network: the digital business. Mountain Alliance AG currently holds 36 portfolio companies in four segments: Technology, Digital Business Services, Digital Retail and Meta-Platforms & Media. Through its listing MA enables its shareholders a simple access to a diversified portfolio of digital assets.
Contact:
Mountain Alliance AG
Justine Wonneberger
Vorstand
Bavariaring 17
80336 Munich
phone: +49 89 2314141 00
fax: +49 89 2314141 11
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CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Investor Relations
Bahnhofstr. 98
82166 Gräfelfing/Munich
phone: +49 89 1250903-30
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