Azerion raises €10.5 million in equity
2022年7月15日 - 2:45PM
Azerion raises €10.5 million in equity
Amsterdam,
15 July 2022
- Azerion today announces a small equity capital
raise of €10.5 million in the form of a private placement of
existing ordinary treasury shares of Azerion, predominantly to
Azerion’s co-CEO’s investment vehicles. The price of the private
placement reflects a 5% discount on Azerion’s closing share price
of 13 July 2022. Azerion intends to use the net proceeds from the
placement to support growth opportunities and for general corporate
purposes, adding to the operating cash flows generated by the
business.
Atilla Aytekin, co-CEO of Azerion, commented:
“This equity raise supports the funding of our growth, including
the recently announced acquisition of Madvertise’s subsidiaries in
Germany and France, as well as a number of potential additional
asset purchase opportunities in the current pipeline. It is a
relatively small raise driven by market opportunities, and as our
M&A pipeline matures, we could consider raising more equity in
the near term."
As a result of this private placement, Azerion
will transfer to a limited group of investors a total of 1,442,307
existing ordinary shares held in treasury by Azerion for €7.28 per
share. The participating investors will not be subject to any
lock-up arrangements. The private placement is expected to be
settled on 19 July 2022.
ContactInvestor
Relationsir@azerion.com
Mediapress@azerion.com
DISCLAIMER
This communication may contain information that
qualifies as inside information within the meaning of Article 7(1)
of the EU Market Abuse Regulation.
The companies in which Azerion Group N.V.
directly and indirectly owns investments are separate legal
entities. In this announcement “Azerion”, “Azerion Group” and
“Group” are sometimes used for convenience where references are
made to Azerion Group N.V. and its subsidiaries in general.
Likewise, the words “we”, “us” and “our” are also used to refer to
Azerion Group N.V. and its subsidiaries in general or to those who
work for them.
This press release is for information purposes
only. The information contained in this press release does not
purport to be full or complete and, in particular, is not intended
to form the basis of any investment decision. No reliance may be
placed by any person for any purpose on the information contained
in this press release or its accuracy, fairness or completeness.
Azerion will not be held liable for any loss or damages of any
nature ensuing from using, trusting or acting on information
provided.
This press release may include forward-looking
statements. All statements other than statements of historical
facts may be forward-looking statements. Words and expressions such
as believes, estimates, plans, projects, anticipates, expects,
intends, may, will, should or other similar words or expressions
are typically used to identify forward-looking statements.
Forward-looking statements are subject to risks, uncertainties and
other factors that are difficult to predict and that may cause the
actual results of Azerion to differ materially from future results
expressed or implied by such forward-looking statements. Any
forward-looking statements reflect Azerion's current views and
assumptions based on information currently available to Azerion's
management. Forward-looking statements speak only as of the date
they are made, and Azerion does not assume any obligation to update
such statements, except as required by law. No assurances can be
given that the forward-looking statements will be realised. No
representation or warranty is made that any of these
forward-looking statements will come to pass or that any estimated
result will be achieved. Accordingly, no undue reliance should be
placed on any forward-looking statements.
Azerion Group NV (EU:AZRN)
過去 株価チャート
から 3 2024 まで 4 2024
Azerion Group NV (EU:AZRN)
過去 株価チャート
から 4 2023 まで 4 2024