TTL Beteiligungs- und Grundbesitz-AG carries out capital increase successfully
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Munich, 05. October 2021
TTL Beteiligungs- und Grundbesitz-AG carries out capital increase successfully TTL Beteiligungs- und Grundbesitz-AG ("TTL AG", "TTL") (ISIN DE0007501009) has successfully placed its cash capital increase with subscription rights in its complete volume, which was resolved on 15 September 2021.
The share capital of the company will thus be increased from EUR 21,075,000 by EUR 3,512,500 to EUR 24,587,500 through the issue of 3,512,500 new bearer shares.
The 3,512,500 new shares were issued at a subscription price of EUR 2.25 per share. Overall, TTL AG generated gross proceeds of approximately EUR 7.9 million from the capital increase.
TTL intends to use the net proceeds from the capital increase for the further implementation of its investment strategy.
After entry of the capital increase in the commercial register, which should take place shortly, the new shares will be included in the existing listing on the Frankfurt Stock Exchange in the General Standard segment.
Notifying person Theo Reichert CEO Phone: +49 89 381611-0 E-mail: firstname.lastname@example.org
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The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended ("Securities Act"), and may not be offered or sold in the United States unless the securities are registered under the Securities Act, or an exemption from the registration requirements of the Securities Act is available. No public offering of the securities will be made in the United States.
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05-Oct-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English Company: TTL Beteiligungs- und Grundbesitz-AG Theresienh?he 28 80339 M?nchen
Germany Phone: +49 (0)89 381611-0 Fax: +49 (0)89 3915-92 E-mail: email@example.com Internet: www.ttl-ag.de ISIN: DE0007501009 WKN: 750100 Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1238349 ? End of Announcement DGAP News Service