04.10.2016 20:08:12
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DGAP-Ad hoc: INFIN INNOVATIVE FINANCE AG
InFin Innovative Finance AG / Key word(s): Miscellaneous
04.10.2016 20:08
Correction of an inside information according to Art. 17 MAR, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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InFin Innovative Finance AG: Contract signed with Mars One
The Board of Directors of InFin Innovative Finance AG (Basel, Switzerland)
will execute the previously approved capital increase consisting of all the
paid up shares of Mars One Merchandise Plc (London, United Kingdom) and
acquire the first 3 percent on 7 October 2016 by means of a capital
increase against contribution in-kind. The remaining shares will be
subscribed by means of an additional capital increase against contribution
in-kind in an Annual General Meeting which will take place in November 2016
with shares to be issued at the prevailing market price at todays date. In
total, the shares should be acquired for a planned valuation of 87 million
Euros, which corresponds to a discount of about 27 % compared with a
current company valuation.
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InFin Innovative Finance AG (Basel, Switzerland) provides innovative services related to the financing, establishment, construction, acquisition, management and sale of businesses and investments in companies at home and abroad as well as holding and managing licenses and patents globally in a number of sectors.
Mars One Merchandise Plc (London, United Kingdom) holds an exclusive license to market merchandise products under the "Mars One" brand. The license is global and it is estimated the brand name is known to over 200 million people worldwide. Mars One Foundation was established in order to become the first to settle humans on Mars. Widely covered in the international press and on television, the Foundation has contracted with established international suppliers to plan and deliver the mission.
Contact: ir@infin-innovative.com
04.10.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
--------------------------------------------------------------------------- Language: English Company: InFin Innovative Finance AG Birsigstr. 2 4054 Basel Switzerland Phone: +41 61 312 34 11 Fax: E-mail: ir@infin-innovative.com Internet: www.infin-innovative.com ISIN: CH0132106482 WKN: A14NYB Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Munich End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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