voxeljet AG Announces Exercise of Over-Allotment Option of Capital Increase
November 01 2018 - 5:17PM
Business Wire
voxeljet AG (WKN: A1W556 / ISIN: US92912L1070 / Ticker: VJET /
New York Stock Exchange) today announced the exercise of the
underwriter’s over-allotment option and, as a consequence,
increased its capital through the partial use of its authorised
capital approved by the ordinary shareholders at a meeting held on
30 May 2018, from EUR 4,692,000 by EUR 144,000 to EUR 4,836,000.
The shares issued in connection with the over-allotment option
represent the second tranche of the previously announced capital
increase; the first tranche closed on 22 October 2018. In
conjunction with the over-allotment tranche of the capital
increase, the company is issuing 144,000 new registered ordinary
shares with attached dividend entitlements for the financial year
2018, offered in the form of 720,000 American Depositary Shares
("ADSs") at a price of USD 2.57 per ADS. This equals EUR 11.17 per
ordinary share (based on the exchange rate as of the close of
business in New York on the pricing date), since each ADS
represents one-fifth of an ordinary share. The ADSs are listed on
the New York Stock Exchange.
The gross proceeds from this tranche of the capital increase
amount to approximately USD 1.9 million (EUR 1.6 million), bringing
the total gross proceeds from the capital increase to approximately
USD 14.4 million (EUR 12.5 million). The company will receive the
proceeds from the capital increase, less estimated underwriting
discounts and commissions and estimated offering expenses. The
company intends to use the net proceeds for general corporate
purposes.
Important Additional Information
This announcement is for informational purposes only. It is
neither an offer to buy, sell, exchange or transfer securities nor
a solicitation to submit an offer to purchase securities of
voxeljet AG in the United States of America, Germany or any other
country. Neither this announcement nor its contents may be
distributed in connection with any offer in any country.
This announcement is neither an advertisement nor a prospectus
and does not constitute a recommendation with respect to the
securities described in this announcement.
A registration statement relating to the ordinary shares has
been filed with the U.S. Securities and Exchange Commission (SEC)
and has become effective. The prospectus in the registration
statement, the related prospectus supplement and the other
documents that voxeljet AG files with the SEC contain information
about voxeljet AG and the capital increase. You may obtain the
preliminary prospectus supplement for the capital increase, the
registration statement and the other documents for free by visiting
EDGAR on the SEC’s website located at www.sec.gov. Copies of the
preliminary prospectus supplement and accompanying prospectus may
also be obtained from voxeljet AG, Paul-Lenz-Straße 1a, 86316
Friedberg, Germany, Attention: Investor Relations Department, or by
calling +49 821 7483 100.
Forward-Looking Statements
To the extent this document contains forward-looking statements,
such statements are not statements of fact and are made using words
such as "expect", "believe", "estimate", "intend", "strive",
"assume" and similar expressions. These statements are an
expression of the intentions, views or current expectations and
assumptions of voxeljet AG and are based on current plans,
estimates and forecasts made by voxeljet AG on the basis of its
best knowledge, but do not constitute any statement with respect to
their future accuracy. You should not place undue reliance on these
statements. voxeljet AG cannot provide assurances that the matters
described in this press release will be successfully completed.
Forward-looking statements are subject to risks and uncertainties,
which are usually difficult to predict and ordinarily not in the
domain of influence of voxeljet AG. These risks and other factors
are discussed in more detail in the company’s public filings with
the Securities and Exchange Commission. It should be noted that
actual events or developments could materially differ from the
events and developments described or included in the
forward-looking statements. Statements made herein are as of the
date hereof and should not be relied upon as of any subsequent
date. The company disclaims any obligation to update any
forward-looking statements except as may be required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20181101006181/en/
Investors and MediaJohannes PeschDirector, Investor
Relations and Business
Developmentjohannes.pesch@voxeljet.de+49-821-7483-172
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