19.09.2016 17:35:06
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DGAP-Ad hoc: OTI Greentech AG
OTI Greentech AG / Key word(s): Capital Increase
19.09.2016 17:35
Disclosure of an inside information according to Article 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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OTI Greentech AG increases share capital to fund growth
- New issue of 420,000 shares
- Issue price per share of EUR 1.00
Berlin, 19.09.2016 - OTI Greentech AG (WKN A0HNE8), an internationally
active environmental technology and engineering group listed on the
Düsseldorf stock exchange, has increased its share capital via a cash
capital increase excluding pre-emption rights. In total, 420,000 new shares
will be issued at a price of EUR 1.00 per share. A total of EUR
420,000 fresh cash will be made available to the company as a result of the
capital increase. Following the registration of the capital increase the
share capital of OTI Greentech AG will be EUR 27,478,162.00, divided into
27,478,162 shares.
The cash provided will be used to finance the growth of the group.
About OTI Greentech AG
OTI Greentech provides advanced engineering services, project management and a wide range of product and technology solutions to the Maritime, Infrastructure and Oil & Gas industries worldwide. OTI Greentech's surfactant based patented technology provides innovative sustainable and cost-efficient solutions for various industrial cleaning challenges, with potential for application in land remediation. Through its group companies, VTT Maritime and RADA Engineering & Consulting, OTI Greentech has more than 30 years of experience providing engineering services and project management on complex maritime operations and infrastructure projects in Northern Europe, as well as carrying out inspections of vessels globally. A full range of products, technology solutions and services are provided to the global shipping industry in all major ports via the Uniservice Global joint venture. The OTI Greentech group currently has over 120 employees in Europe, USA and West Africa. OTI Greentech AG is listed on the Düsseldorf Stock Exchange (WKN A0HNE8). OTI Greentech's corporate headquarters are located in Berlin, Germany.
Contact edicto GmbH Axel Muehlhaus, Dr. Soenke Knop amuehlhaus@edicto.de Tel. +49 69 905505-52 Eschersheimer Landstr. 42-44 60322 Frankfurt
OTI Greentech AG Johnny Christiansen, CEO info@oti.ag Tel. +49 30 220 136 900 Potsdamer Platz 1, 7.OG. 10785 Berlin
19.09.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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