Staramba SE: Proposal for capital increase against cash contributions at extraordinary general meeting
The board of directors of STARAMBA SE (XETRA: 99SC), has resolved today to propose a capital increase against cash contributions with the granting of the statutory subscription rights at an extraordinary general meeting to be convened in connection with the announcement of the loss of more than half of the share capital within the meaning of Section 92 (1) AktG. The capital stock of the company shall be increased by up to EUR 20,000,000.00, whereby the gross issue proceeds shall not exceed an amount of EUR 20,000,000.00.
The extraordinary general meeting is expected to take place on 26 July, 2019. Further details of the capital increase will be provided in the invitation to the general meeting.
This publication and the information contained herein only serve information purposes and do not constitute a securities prospect and neither contain an offer to sell securities of Staramba SE nor an invitation to submit an offer to purchase securities in the United States of America, Canada, Japan or Australia. This publication and the information contained herein may not be distributed, published or transferred – be it directly or indirectly – in the United States of America, Canada, Japan or Australia. In the United States of America, securities may only be sold or offered for sale or purchase in the United States of America with prior registration under the provisions of the U. S. Securities Act of 1933, as amended, or without prior registration, only on the basis of a derogation. The shares of Staramba SE are not and will not be registered under the provisions of the U. S. Securities Act of 1933, as amended, or the securities laws of Australia, Canada or Japan and will not be offered or sold in these countries. The dissemination of this announcement may be subject to legal restrictions in certain countries; persons who obtain documents or other information mentioned herein should inform themselves of these restrictions and observe them. Failure to comply with these restrictions may constitute a violation of the securities laws of these countries.