DGAP-News: mic AG

• Cash inflow from cash capital increase of more than EUR 1 million secures far-reaching liquidity
• Investment in growth in existing subsidiaries to increase sales and earnings
• Development of new growth areas in the Blockchain and FinTech sectors is being planned

Munich, 16 October 2017 - Last Friday, October 13,2017, mic AG announced the successful execution of a cash capital increase. The share capital of the Company shall be increased by EUR 1,000,000.000.00 to EUR 14,868,000.00 by issuing 1,000,000 new no-par value bearer shares with a notional share in the share capital of EUR 1.00 each (new shares) against cash contributions, partly utilizing the authorized capital.

The issue price of the New Shares was set at EUR 1.01 per New Share, the total issue price thus amounts to EUR 1,010,000.00. Shareholders' subscription rights were excluded for all New Shares in accordance with § 3 (4) of the Articles of Association. The subscription of all new shares was completed by selected strategic investors and the company expects an inflow of funds of EUR 1.01 million from the capital increase.

"This cash inflow of more than EUR 1 million will be used to stimulate further growth momentum in our three core areas and to develop new areas of the future. In the future, mic AG will thus act as a co-investor alongside other investors directly in the operating companies. The consistent focus on sales and earnings is already bearing its first fruits, among other things through a significant improvement in the performance of the SHS Technologies GmbH investment," says Andreas Empl, sole member of mic AG's Management Board.

"The cost-cutting measures that have already been successfully implemented, the massive reduction of mic AG's debt and the anticipated further disposals from the non-core portfolio have put the company in a better position than ever before. In addition to the central strengthening of the three core areas, we have already begun to evaluate new business fields in the Blockchain and Fintech areas. We see above-average potential for the further development of mic AG in these growth areas," continued Andreas Empl.

The Board of Management is planning the following short-term actions with the company:

a. Name change of mic AG
b. Greater transparency in the Investor Relations area through improved regular reporting
c. Focus on the best assets with a clear strategic plan for the three core investments
d. Presentation of an investment plan as a co-investor
e. Merger of the core assets into the respective intermediate holding companies or the intermediate holding companies become operational units
f. Planned Equity swaps regarding intermediate holding companies lead to the subsidiaries' debt reduction
g. Additional liquidity inflows and streamlining of the portfolio through full disposition of the non-core portfolio
h. Strategic realignment of the Technology Units as operating units

The Executive Board will hold a web conference for interested shareholders, analysts and representatives of the press at 10:00 a.m. on 19 October 2017.
For your participation please register at www.konferenz.mic-ag.eu.

About mic AG
As an active investor, mic AG is investing, in addition to its already existing disruptive technologies, in SMEs in the field of optics, electronics, healthcare and IT. The focus is digitalization and Internet of Things. Due to setting the course in this strategic way, mic AG is increasingly developing into a technology provider for industrial companies and international organizations. Through its business units, mic AG supports its portfolio companies to successfully grow their business and arranges for adequate funding strategies. Since October 2006 mic AG is listed on Germany's Deutsche Börse in Frankfurt (ticker symbol: M3B, ISIN: DE000A0KF6S5). More information about mic AG is available at www.mic-ag.eu.

Contact mic AG:
Andreas Empl
Vorstand mic AG
Denisstr. 1b
D-80335 München
Tel: +49 89 244192 200
Fax: +49 89 244192 230
andreas.empl@mic-ag.eu
www.mic-ag.eu
ISIN: DE000A0KF6S5 | WKN: A0KF6S | Symbol: M3B