Ecommerce Alliance AG, which is listed on the Entry Standard of the Frankfurt Stock Exchange (ISIN (ISIN DE000A12UK08 / WKN A12UK0) has successfully raised additional cash through a capital increase using authorised capital.
On the basis of the authorisation granted by the Annual General Meeting on 17 July 2014 to the Managing Board and under exclusion of the right of subscription of the shareholders, 244,565 new shares from authorised capital 2014/I were placed with family offices as well as the Management and Supervisory Board of Ecommerce Alliance AG at an issue price of EUR 5.00 per share. Daniel Wild thereby increased his holdings in Ecommerce Alliance AG by additional 65,565 shares through Tiburon Unternehmensaufbau GmbH, a company he runs. He now holds more than 35% of Ecommerce Alliance AG. After entry into the Commercial Register, the company's share capital will thus be increased from EUR 2,445,655 to EUR 2,690,220. The new shares carry dividend rights as of 1 January 2015.
“Daniel Wild, Chairman of the Management Board, said, “This successful capital placement underscores the trust strategic investors have shown in our company’s potential for growth. As its management, we further reinforce this positive signal through our own acquisition of new shares.”
The gross proceeds of roughly € 1.22 million will be mainly used for strategic acquisitions to expand the innovative and profitable units Services and Brands. Daniel Wild added, “We will continue to push our buy & build strategy and use the additional funds for further focused expansion of our portfolio and to sustainably strengthen our entire company.”
