Wolftank-Adisa Holding AG today successfully completed a capital increase from authorised capital, resolved on the 16th of January 2019. A further 76,579 shares of the company were placed with institutional investors as part of a private placement. Wolftank-Adisa Holding AG received gross issue proceeds of EUR 2,035 million.
After registration of this capital increase in the commercial register, the registered share capital of the company will increase from currently 1,034,421 to 1,111,000 ordinary bearer shares. The issue price was €26.58 per share, which are fully entitled to dividends from the beginning of the 2018 financial year.
Hence the pre-listing growth-financing, initiated by the company at the end of 2017, has been successfully completed. During this period, the company has received gross issue proceeds of EUR 5,367,905.00 to date.
Thanks to this inflow of funds Wolftank-Adisa could strengthen its equity base, in particular to drive international growth and promising R&D activities further.
About Wolftank-Adisa Holding AG:
Wolftank-Adisa Holding AG is the parent corporation of an international group of companies focusing on the remediation and monitoring of (large-scale) tank farms and environmental protection services for contaminated soils and facilities. The patented application technology, based on high-tech, in-house developed epoxy resins, enables a cost-effective and rapid repair of defective tank systems, including remote monitoring.
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