14.12.2015 18:28:42

DGAP-News: FinTech Group AG

DGAP-News: FinTech Group AG places capital increase of EUR 10m with institutional investors

DGAP-News: FinTech Group AG / Key word(s): Capital Increase FinTech Group AG places capital increase of EUR 10m with institutional investors

14.12.2015 / 18:28 The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

The Executive and Supervisory Boards of FinTech Group AG (WKN 524 960, ISIN: DE0005249601, FLA.GR) have approved a capital increase by 606,061 new shares at EUR 16.50 per share. Total proceeds are EUR 10m. The new shares have been placed with international institutional investors from the company's authorized capital according to the existing resolutions without subscription rights for existing shareholders and without prospectus.



The new shares will shortly be included in trading in the Open Market of the Frankfurt Stock Exchange (Entry Standard) and will be entitled to participate in dividends with effect from 1st January 2015.

FinTech Group intends to, inter alia, significantly increase the capital of its subsidiary biw Bank für Investments und Wertpapiere AG (biw AG) in order to enable the bank to expand its lending business. The focus will be on technology-based consumer lending.

Hauck & Aufhäuser Privatbankiers acted as sole bookrunner and together with Mirabaud Securities as Joint Broker.

About FinTech Group AG

FinTech Group AG (WKN: 524 960, ISIN: DE0005249601, Ticker Symbol: FLA:GR) is one of the most significant innovative financial technology companies in Germany. Our brands service a total of 200,000 private clients, and are important technology partners for German and international banks, and financial institutions in the B2B segment. As at the end of June 2015, FinTech Group AG had EUR 5.68 billion in assets under administration group-wide.

FinTech Group AG's goal is to become the leading European provider of innovative financial sector technologies. We are in a transition process so as to make a significant contribution to the digitalization of the financial sector. Our earnings before interest, taxes, depreciation, and amortisation (EBITDA) amounted to EUR 11.8 million in the first half of the year 2015.

Our wholly-owned subsidiary flatex GmbH has been one of the innovation leaders in the German online brokerage market for years. Over 140,000 private clients both in Germany and internationally have chosen flatex' clear and transparent price-performance model.

XCOM AG, in which we hold a majority interest, was founded in 1988 and is a German pioneer in the area of financial technology. Today, XCOM AG is one of the most successful software and technology providers in the financial area.

biw Bank für Investments und Wertpapiere AG, which is also owned by the Group, has a full-service banking license and is the backbone of our banking services. It also provides services for private clients in the background as the outsourcing partner of other well-known banks (white label banking services). It is one of the most modern online banks in Germany today.

FinTech Group AG is also an important partner for financial companies in the up-and-coming German start-up scene, who benefit from our innovative profile.

Disclaimer:

This release may contain forward-looking statements and information which may be identified by formulations using terms such as "expects", "aims", "anticipates", "intends", "plans", "believes", "seeks", "estimates" or "will". Such forward-looking statements are based on our current expectations and certain assumptions which may be subject to variety of risks and uncertainties. The results actually achieved by FinTech Group AG may substantially differ from these forward-looking statements. FinTech Group assumes no obligation to update these forward-looking statements or to correct them in case of developments which differ from those anticipated.



Contact: Roman Kessler Roman.kessler@fintechgroup.com Head of Communications FinTech Group AG Rotfeder-Ring 5 D-60327 Frankfurt/Main +49 (0) 69 450001 041 Roman.kessler@fintechgroup.com

---------------------------------------------------------------------------

14.12.2015 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------

Language: English Company: FinTech Group AG Rotfeder-Ring 5 60327 Frankfurt am Main Germany Phone: +49 (0) 69 450001 041 E-mail: roman.kessler@fintechgroup.com, ir@fintechgroup.com Internet: www.fintechgroup.com ISIN: DE0005249601, DE0005249601 WKN: 524960 Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart; Open Market (Entry Standard) in Frankfurt End of News DGAP News Service ---------------------------------------------------------------------------

423309 14.12.2015

Nachrichten zu FinTech Group AGmehr Nachrichten

Keine Nachrichten verfügbar.

Analysen zu FinTech Group AGmehr Analysen

Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!