Voltabox AG Announces 10% Share Capital Increase

The Management Board of Voltabox AG has approved a capital increase of up to 10% of the company's share capital. The increase, sanctioned by the Supervisory Board, involves issuing 1,914,824 new ordinary bearer shares, each with a nominal value of EUR 1.00. This will raise the company's share capital from EUR 19,148,249 to EUR 21,063,073.

The new shares will be issued against cash contributions, making partial use of the existing authorized capital. Shareholders' statutory subscription rights have been excluded. These shares carry full dividend rights from January 1, 2024, and will be admitted to trade on the Frankfurt Stock Exchange's regulated market without a prospectus.

The company plans to use the net proceeds to stabilize its equity base. The transaction is managed by M.M.Warburg & CO.