EQS-Adhoc: clearvise AG successfully completes rights issue

clearvise AG successfully completes rights issue

Wiesbaden, 08 December 2022 clearvise AG (WKN A1EWXA / ISIN DE000A1EWXA4), (clearvise) successfully completed the rights issue resolved on November 21. Accordingly, a total of 11,898,240 new no-par value bearer shares ("New Shares") were successfully placed against cash contributions at a subscription price of EUR 2.10 per New Share, making partial use of the existing Authorised Capital 2022. As part of the subscription offer, unsubscribed shares were offered to institutional investors in an international private placement also at a subscription price of EUR 2.10 per new share. The private placement was oversubscribed several times. Accordingly, the share capital of the Company will increase from currently EUR 63,457,289.00 by EUR 11,898,240.00 to EUR 75,355,529.00. The company raised gross proceeds of approximately EUR 25 million through the capital increase. clearvise intends to use this to further expand its portfolio of renewable energy generation assets in line with the clearSCALE2025 growth initiative.

The New Shares are entitled to dividend rights from the 2022 financial year onwards. The implementation of the capital increase is expected to be entered in the Commercial Register of the Local Court of Wiesbaden by December 13, 2022. The New Shares will be tradable in the same way as the existing shares from the Settlement, which is expected to take place by December 15, 2022.
Contact  

cometis AG
Thorben Burbach
Tel.: +49 (0)611 - 205855-23
Fax: +49 (0)611 - 205855-66
E-Mail: burbach@cometis.de

Dislaimer

These materials may not be, directly or indirectly, published, distributed or transmitted in or into the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful. These materials do not constitute an offer of securities for sale or a solicitation of an offer to purchase securities (the "Securities") of clearvise AG (the "Company") in the United States, Australia, Canada or Japan or any other jurisdiction in which such offer or solicitation is unlawful. The Securities of the Company may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). There will be no public offering of the Securities in the United States. The securities described in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The Securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan subject to certain exceptions.

This publication constitutes neither an offer to sell nor a solicitation to buy securities. The new shares in the Company are already sold.

This release may in the United Kingdom only be distributed to, and is only directed at, persons who are "qualified investors" within the meaning of Article 2(e) of Regulation (EU) 2017/1129 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018, and who are also (i) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order"), or (ii) persons falling within Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations, etc.) or (iii) are persons to whom an invitation or inducement to engage in an investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000) in connection with the issue or sale of any securities may otherwise be lawfully communicated or caused to be communicated (all such persons together being referred to as "Relevant Persons"). This release is directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity in shares of the Company is available only to Relevant Persons and will be engaged in only with Relevant Persons.

Statements contained herein may constitute "forward-looking statements." Forward-looking statements are generally identifiable by the use of the words "may", "will", "should", "plan", "expect", "anticipate", "estimate", "believe", "intend", "project", "goal" or "target" or the negative of these words or other variations on these words or comparable terminology.

Forward-looking statements are based on current expectations and involve a number of known and unknown risks, uncertainties and other factors that could cause the Company's or its industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. You should not place undue reliance on forward-looking statements and the Company does not undertake publicly to update or revise any forward-looking statement that may be made herein, whether as a result of new information, future events or otherwise.