Leverkusen, Germany (pta/22.09.2022/13:15 UTC+2)
On September 22, 2022, the Higher Regional Court of Cologne ("OLG") issued a release decision regarding the capital increase resolved by the extraordinary shareholders' meeting held on April 07, 2022.
On April 07, 2022, the shareholders' meeting resolved under agenda item 2 to increase the company's share capital by issuing up to 7,089,673 new registered no-par value shares against cash contributions by granting an indirect subscription right.
A shareholder has filed an action for rescission and annulment against this resolution, which has so far blocked the registration of the capital increase in the commercial register.
Following this, the company filed an application for release pursuant to Section 246a of the German Stock Corporation Act (AktG) with the OLG.
With today's positive decision by the OLG, the capital increase can now be implemented in a timely manner. This will enable the Company to move forward with its strategic corporate development and its products' market penetration with maximum speed.
A judgment on the filed action for rescission and annulment has not been issued until today.
Hemmelrather Weg 201
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