EQS-Adhoc: clearvise AG records subscription rate of at least 81.7% in capital increase

clearvise AG records subscription rate of at least 81.7% in capital increase

Wiesbaden, December 07, 2022 clearvise AG (WKN A1EWXA / ISIN DE000A1EWXA4), (clearvise) informs that as at 6:00 p.m. CET it has achieved a preliminary subscription quota of approximately 81.7 % within the scope of its subscription offer, which ends on December 07, 2022 (24 hrs, midnight). Thus, a total of approximately 9.72 million no-par value bearer shares were subscribed until then by the existing shareholders at a subscription price of EUR 2.10 per new share. The unsubscribed new shares are expected to be offered to institutional investors in an international private placement on December 08, 2022. The final subscription ratio is expected to be announced on December 08, 2022, after completion of the sale of the unsubscribed new shares.

In the context of the capital increase with subscription rights, clearvise plans to increase the share capital of the Company from currently EUR 63,457,289.00 by up to EUR 11,898,240.00 to up to EUR 75,355,529.00 by issuing up to 11,898,240 new no-par value bearer shares with subscription rights of the shareholders of the Company and by partially making use of the existing Authorised Capital 2022 against cash contributions. clearvise expects gross proceeds of up to approximately EUR 25 million from the capital increase and intends to use it to further expand its portfolio of renewable energy generation assets in line with the clearSCALE2025 growth initiative.
Contact

cometis AG
Thorben Burbach
Tel.: +49 (0)611 - 205855-23
Fax: +49 (0)611 - 205855-66
E-Mail: burbach@cometis.de
Dislaimer

These materials may not be, directly or indirectly, published, distributed or transmitted in or into the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful. These materials do not constitute an offer of securities for sale or a solicitation of an offer to purchase securities (the "Securities") of clearvise AG (the "Company") in the United States, Australia, Canada or Japan or any other jurisdiction in which such offer or solicitation is unlawful. The Securities of the Company may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). There will be no public offering of the Securities in the United States. The securities described in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The Securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan subject to certain exceptions.

This publication constitutes neither an offer to sell nor a solicitation to buy securities. A public offer in Germany is made exclusively on the basis of a published securities prospectus, which is available free of charge on the Company's website at https://clearvise.de.

This release may in the United Kingdom only be distributed to, and is only directed at, persons who are "qualified investors" within the meaning of Article 2(e) of Regulation (EU) 2017/1129 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018, and who are also (i) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order"), or (ii) persons falling within Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations, etc.) or (iii) are persons to whom an invitation or inducement to engage in an investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000) in connection with the issue or sale of any securities may otherwise be lawfully communicated or caused to be communicated (all such persons together being referred to as "Relevant Persons"). This release is directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity in shares of the Company is available only to Relevant Persons and will be engaged in only with Relevant Persons.

Statements contained herein may constitute "forward-looking statements." Forward-looking statements are generally identifiable by the use of the words "may", "will", "should", "plan", "expect", "anticipate", "estimate", "believe", "intend", "project", "goal" or "target" or the negative of these words or other variations on these words or comparable terminology.

Forward-looking statements are based on current expectations and involve a number of known and unknown risks, uncertainties and other factors that could cause the Company's or its industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. You should not place undue reliance on forward-looking statements and the Company does not undertake publicly to update or revise any forward-looking statement that may be made herein, whether as a result of new information, future events or otherwise.