Heuking Kühn Lüer Wojtek advises AGO AG Energie + Anlagen on capital increase
Heuking Kühn Lüer Wojtek advised AGO AG Energie + Anlagen on its capital increase with subscription right. The measure is designed to increase the company's capital stock by up to EUR 2,568,165. The capital increase is part of a reorganization, where initially a capital reduction was carried out in order to raise the issue price of the new shares.
The company specializing in innovative and efficient power supply equipment for industrial customers and municipalities headquartered in Kulmbach, Bavaria, will issue 2,568,165 new shares at EUR 1.00 each, granting subscription rights to shareholders. The gross issue proceeds of the capital increase are predominantly to be used to replace a bearer bond that was issued in 2006. The majority shareholder, Washington-based Perseus SEVA L.L.C., already subscribed for 400,000 new shares and furnished the cash investment to be paid. In addition, it intends to subscribe for another 765,000 shares.
A Cologne-based team of capital market law experts of the law firm of Heuking Kühn Lüer Wojtek legally advised AGO AG Energie + Anlagen on planning, structuring and prospectus drafting. The team was led by Dr. Mirko Sickinger as responsible partner. He was supported by lawyers Sven Radke and Lena Pfeufer.
Counsel to AGO AG Energie + Anlagen:
Heuking Kühn Lüer Wojtek, Cologne
Dr. Mirko Sickinger, LL.M.,
Sven Radke, LL.M.,
Lena Pfeufer (all Capital Market Law).